Trading Tech
Trillium Begins Post-Trade Analytics Push
Trillium Labs, a software development spin-off from New York-based proprietary trading firm Trillium Trading has filed a patent for a new post-trade compliance monitoring tool for US equities trading that compares traders' order data to full order book…
New Regulations Will Drive Data Costs Higher, Panel Warns
The growing raft of new regulations are increasing the market data burden on all market participants for risk analysis and for meeting reporting requirements, while also increasing the cost of connecting to and aggregating new datasets, said panelists at…
Hedgebay Launches Electronic Settlement for Secondaries
The Nassau-based platform for trading in hedge fund secondaries and related products has added the new settlement service to speed up transactions, reducing overall trading time by 20 percent.
Apama to Provide Third-Party Aggregation for EBS Direct
EBS, ICAP’s electronic foreign exchange (FX) business, has selected Apama Software AG’s platform to deliver third-party aggregation to EBS Direct, a new liquidity service with direct streaming of tailored prices.
MarketAxess SEF Online with Traiana's CreditLink
MarketAxess says it has completed the first live trade through its swap execution facility (SEF), using risk checks provided by Traiana's CreditLink hub.
CFTC Approves Tullett Prebon’s SEF Status
The US Commodity Futures Trading Commission (CFTC) has granted interdealer broker Tullett Prebon temporary registration to operate as a swap execution facility (SEF).
TMX Lights 10Gb Amsterdam-Frankfurt Network
TMX Atrium, the network subsidiary of Canadian exchange group TMX, has increased the bandwidth of its network between Amsterdam and Frankfurt to 10 Gigabits per second (Gbps) to meet demand from proprietary trading firms in the Netherlands for higher…
Northern Trust's Guenther On the Challenges of Risk Management at Inside Market Data Chicago 2013
Joerg Guenther, head of information technology at Northern Trust Hedge Fund Services discusses his presentation at this year's Inside Market Data Chicago conference, on the challenges faced by his organization as it embarked on a project to centralize…
Saudi Stock Exchange Upgrades Platform with Nasdaq OMX
The Saudi stock exchange (Tadawul) has agreed to upgrade its current trading platform with Nasdaq OMX in order to cater to growth in the region.
Integral Launches ISEF Swap Execution Facility
Foreign exchange (FX) trading solutions provider Integral Development Corp has received the US Commodity Futures Trading Commission's (CFTC’s) temporary approval to operate as a swap execution facility (SEF).
Messaging Architecture Key as Citadel, REDI Partner on New OEMS
The pair of technology providers—both with sterling ancestry—are looking to confront a problem that, so far, has alluded a durable solution for the buy side. They are not the first to try—but from a tech perspective, the match looks promising.
Linedata Launches NAV, Unit Pricing Solution
Investment management solutions provider Linedata announced today the launch of I-CIPS, a Collective Investment Pricing System (CIPS) for net asset value (NAV) and unit pricing calculation and validation.
Telx Expands NY Co-Lo Space
Datacenter provider Telx has added 69,000 square feet of co-location space within its NYC1 facility at 60 Hudson Street in New York via a partnership with DataGryd Data Centers-a wholesale datacenter provider with existing space in the building-to…
Volta London Datacenter Opens its Doors
Datacenter operator Volta Data Centres will today officially open its new facility on Great Sutton Street in London, following a year-long project to refurbish the former Reuters building.
TMX Atrium Builds Ultra-Low Latency Moscow-Frankfurt Link
TMX Atrium, the network subsidiary of Canadian exchange group TMX, has added ultra-low latency access to Moscow M1, a third-party, multi-tenanted hosting facility in Russia, from Equinix’s FR2 International Business Exchange (IBX) datacenter in Frankfurt…
National Futures Association Chairman Hehymer on the Future of Technology at IMD Chicago 2013
Chris Hehymer, chairman of the board of the National Futures Association comments on his afternoon keynote speech and subsequent panel discussion at Inside Market Data Chicago
Numerix Introduces New Volatility Framework for CrossAsset
The universal local stochastic volatility model with jumps (ULSVJ) will help firms to price and manage semi-exotic derivatives such as barrier options, and should prove particularly useful for market makers in FX and EQ options.
Milesius Capital Resources' Acosta Speaks on Infrastructure at IMD Chicago 2013
Andrew Acosta, chief data scientist at Milesius Capital Research shares his thoughts after moderating a panel on re-architecting data infrastructures to adapt to growing volumes and regulatory change at the Inside Market Data Chicago conference.
Caplin Launches Core FX Motif for Single-Dealer Platforms
Trading technology vendor Caplin Systems announced today the launch of Core FX Motif, a tool that gives foreign exchange (FX) traders basic functionalities for building single-dealer platforms.
BNP Taps TraderMade for FX Technical Analysis, Commentary
BNP Paribas is to roll out technical analysis to its foreign exchange strategy team and to provide commentary services within its Global Markets and Cortex FX trading platforms from London-based technical currency charting provider TraderMade.
Schroder Automates NAV Validation with Milestone
Schroder Investment Management (Luxembourg) has implemented Milestone Group’s pControl platform to automate its net asset value (NAV) validation processes.
Dolan to Lead Fidelity ActionsXchange
Will Dolan, who has held a few senior roles within Fidelity Investments since 2004, has been named head of Fidelity ActionsXchange
Russia's NSD Chooses GoldenSource for Corp Actions Repository
Russia's central securities depository has chosen GoldenSource's enterprise data management system to power a repository it is creating for corporate actions data
Oppenheimer & Co. Goes Mobile with Interactive Data's Market-Q
The real-time streaming market data desktop and mobile solution for tablet was implemented after a comprehensive analysis of the Oppenheimer's new operating requirements was undertaken.