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SUNGARD SHINES IN SPAIN

Sungard Financial Networks has signed an agreement with Visual Trader Systems, the technology subsidiary of the Madrid Stock Exchange, to develop an interface between the Sungard Transaction Network and the exchange’s Visual Trader Network that will allow equity orders and messages to be routed seamlessly between brokers and counterparties on both networks. Users of Visual Trader will now be able to route and receive trades on international markets using their existing

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TMX’s indexing pivot bears first fruit

The acquisition of index provider VettaFi has boosted revenues in the exchange’s analytics division, but further growth could mean taking on the heavyweight data providers like S&P, FTSE Russell, and MSCI.

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