Execution management
Exegy, Vela merge; say scale will fuel further acquisitions
The deal will create growth synergies between the vendors' trading systems, and provide an execution capability based on Exegy's trading signals.
People Moves: BNY Mellon, State Street, Citadel Securities and more
A look at some of the key people moves from this week, including Laide Majiyagbe (pictured), who has been appointed head of financing and liquidity at BNY Mellon Markets.
LSEG to replatform Matching and FXall
Migration to stock exchange’s tech platform aims to deliver faster speeds and more order types.
Symphony suspends Sparc pending registration talks with CFTC
The comms provider may have to register its RFQ workflow and messaging tool as a Sef, or perhaps permanently shut down the business line.
Bridging the gap: Broadridge looks front-to-back with acquisition of Itiviti
The deal signals a transformative move for Broadridge into the front-office space to help clients simplify their front-to-back technology stack. But some industry observers are skeptical about how it will achieve this.
Citi, other banks set to ink ‘Octopus’ deal for new multi-bank CLO platform
Sources say initiative is designed to fend off higher fees and disintermediation in case established multi-dealer platforms start trading CLOs.
People Moves: State Street, Northern Trust, JonesTrading, LiquidityBook & More
A look at some of the key “people moves” from this week, including Vincent Georgel-O’Reilly (pictured), who's been appointed Emea head of alternatives at State Street.
Linedata looks to modularize OMS, analytics offerings to compete in consolidating market
After releasing its cloud-native AMP and data analytics platforms in 2020, Linedata is looking to readjust its OMS strategy as it embraces microservices.
This week: Genesis, SmartStream, MarketAxess, Allianz GI, and more
A summary of some of the past week’s financial technology news.
So long, Sseoms: Vendors vie to onboard Bloomberg clients ahead of April sunset
Sseoms competitors are stepping into the breach left by Bloomberg’s move to sunset the sell-side focused suite of services. This could be a chance for a new premier provider to snap up some business, while leaving others to reevaluate their standing in…
Ion Group acquires Dash Financial in move to bolster options execution
The deal will allow Ion to pair Dash alongside Fidessa as it looks to “own the sell-side technology space.”
Instinet Poised to Integrate New “Green Screen” Strategy
Environmental, social and governance (ESG) investments and green technology are not new phenomena across the capital markets, although they have struggled to gain widespread acceptance. But now, in the wake of the Covid-19 pandemic, investors’ priorities…
Covid-19 Disrupts Innovation in US Treasuries Market
The pandemic has caused setbacks in electronification and streaming in the US government bonds market.
This Week: MEMX, IUAM/SS&C, Northern Trust, EBS and BME
A summary of some of the past week’s financial technology news.
Low-Code Movement Gains Converts, but Skeptics Remain
What if you could create your ideal, fully-functional application without writing a single line of code? With low-code and no-code platforms, you can—with a catch … or two, or three, or four.
LiquidityBook to Roll Out Trade-Matching Engine
The vendor also has plans to expand further into the institutional space with two additional rollouts in 2021.
Trading Technologies Preps September OMS Launch
The anticipated replacement for its X_Trader platform will share a tightly integrated ecosystem with its EMS, and will debut a raft of new order handling features.
oneZero Expands into Institutional Market
The vendor has been adding members to its team with buy-side and wholesale broking backgrounds.
Buy-side Firms Reject EMS Brokerage Charges
Some users favor a licence fee over per-trade charging—and have forced vendors to make the switch.
Dash Plans Redesigned OEMS Release for Q4
Blaze 7 will feature an enhanced, integrated suite for options volatility traders.
TradingScreen Continues OMS Expansion on the Buy Side
Vendor firm will release enhancements to allocation, pre-trade compliance, and reporting and analytics in September.
Northern Trust to Add Options and Derivatives Outsourced Trading Capabilities
The custodian bank will receive and transmit European listed options and derivatives orders from buy-side clients.
Data Integration, Interop Drive State Street’s Alpha Platform Strategy
The bank and Charles River are planning the next phase of enhancements to the Alpha trading platform.
Scrutiny and Frictions Follow EMS Vendors into Fixed Income
Aggregators are facing resistance from venues and attracting the attention of regulators.