Trading Tech
Nasdaq Apologizes for Trading Disruption, Cites NYSE as Catalyst
Nasdaq OMX has released a report on the August 22 technology disruption that saw trading on the exchange halted for three hours, creating a knock-on effect for a number of other crossing networks and markets.
CDIB Implements eFront for Fund Management Support
Taiwanese investment bank CDIB has deployed eFront's FrontInvest package to support the growth of its fund-management business in mainland China.
TradingScreen Concentrates TCA Efforts on FX Front
Although TradingScreen’s Jon Fatica envisions fixed income as the next frontier in transaction cost analysis (TCA), his company has put the bulk of its recent effort into foreign exchange (FX) TCA.
Piece by Piece, Bank Loans See Upgraded Settlement Automation
Making inroads into automated settlement for bank—or syndicated—loans trading has proven difficult for technology providers, with bespoke contractual terms and complex documentation often at issue. Still, there are gains to be made.
Tradency Partners with CFH Clearing
Financial technology developer Tradency has teamed up with CFH Clearing to integrate its Mirror Trader foreign exchange (FX) trading platform with CFH Clearing's interbank clearing technology.
Slovenian CSD Takes Swift for T2S
KDD Central Securities Clearing Corporation will connect to the pan-European Target2-Securities (T2S) platform using Swift's value-added network (VAN), the provider has announced.
New FIA Study Suggests Futures Volatility Not Influenced by HFT
Research conducted for the Futures Industry Association by Nicholas Bollen and Robert Whaley at Vanderbilt University's Owen School of Management suggests that recent trading in 15 futures contracts has not become more volatile, despite increased…
Interactive Data Explores Demand for Country of Risk Information
The data vendor is investigating whether it has access to the data needed to produce country of risk information, after the challenges associated with this category of risk were highlighted during its inaugural Reference Data Advisory Group meeting
XP Investimentos Joins Perseus Network
Brazilian broker-dealer XP Investimentos has established a presence on the Perseus Telecom global exchange network.
Volta Chooses Optimum Group for London Datacenter
Datacenter provider Volta Data Centers has selected Optimum Group Services (OGS) as facilities provider for the maintenance of its central London facility.
Panel Discusses the Intersection of Risk and Regulation
At a panel hosted by SunGard and moderated by The Economist, Wells Fargo's Steve Ellis encouraged firms to look at compliance with a glass-half-full perspective.
Tieto Takes on Länsförsäkringar Fund Systems
Tieto has announced that it has signed an agreement with Länsförsäkringar to manage the Swedish bank's fund-administration systems.
Tullett Prebon Files SEF Application with CFTC
New York-based interdealer broker Tullett Prebon has announced it is applying to the US Commodity Futures Trading Commission (CFTC) to become a swap execution facility (SEF).
FixSpec Announces Central Debut
London-based vendor FixSpec has announced the launch of Central, its enterprise platform for connection monitoring and operational analytics.
Malfunction! Malfunction!
It’s not been a great week for capital markets technology. For the past seven days, I’ve had the image of Robby the Robot in my head, being told by Doctor Mobius to go against his basic programming, and building up to a short circuit as a result. This,…
Eurex Halts Trading on Tech Glitch
The largest European derivatives market stopped trading in multiple index-based futures this morning at 8:15 am, with a subsequent delay of about 65 minutes as it investigated an unspecified technical malfunction.
