Trading Tech
Updated: Nasdaq-Listed Equities, ETFs, and Options Resume Trading After 'Flash Freeze'
At 12:14 this afternoon, trading in Nasdaq OMX-listed equities and exchange-traded funds was paused across most American exchange venues after Nasdaq's market data feed, known as Tape C, ceased proper interaction with the operator's securities industry…
James Rundle: Prizing Open Markets
The introduction of competition, according to capitalist doctrine, is a pre-requisite for establishing an efficient and growing economy. But for the capital markets, James says, plans to open trading landscapes to new venues come with their own…
SimCorp Updates Dimension with Trade-Processing Dashboard
The buy-side provider's asset management platform, version 5.4, will also include functionality for FX hedging overlaying multiple portfolios, trading limits capability for compliance managers, and enhancement to the strategy manager application for…
CSRC Widens Everbright Glitch Probe
The China Securities Regulatory Commission (CSRC) has announced that it will expand its investigation of trading systems to include all Chinese brokerages, following a glitch in Everbright Securities' high-frequency engine that caused it to mistakenly…
IBM Debuts Risk Manager
IBM has announced a new enterprise risk management solution for credit lifecycle management, featuring a dashboard that provides visibility into wholesale credit touchpoints.
Goldman Sachs Faces Losses After Technical Glitch Sent Erroneous Trades
Goldman Sachs could face losses after a glitch in its trading system sent erroneous trades at the opening of the US equity options market yesterday.
Futures Trading Algorithms Find Traction
Equities and futures microstructures have always functioned differently—and in terms of algorithmic application, the latter has always benefited from the adventures of the former. From order placement optimization to a revived debate on pricing…
Nasdaq Separates Clearing and Exchange in Sweden
In order to comply with the European Market Infrastructure Regulation (EMIR), Nasdaq OMX has separated its clearing and exchange operations in its Swedish affiliate, Stockholm AB.
Envestnet Integrates HiddenLevers for Portfolio Stress-Testing
The wealth management platform provider will now include HiddenLevers' macro scenario portfolio testing tool, which uses algorithms to model the impact of economic events on asset classes as well as individual securities.
Quantifi Tapped for ICE Futures Price-Spread Calculator
The analytics provider has released a new tool for pricing credit index futures listed by IntercontinentalExchange (ICE) Futures U.S., backing increased demand for exchange-traded futures, which trade more cheaply than OTC derivatives under new global…
TMX Completes Quantum XA Implementation
TMX Group has announced that Quantum XA, its high-performance trading engine, has been successfully implemented for TMX Select.
Advent and Advise Team Up on Form PF and Form CPO Solutions
Advent Software and Advise Technologies are collaborating on an integrated platform that will address Form PF and Form CPO-PQR filing requirements for hedge funds, hedge fund administrators, and private equity managers.
Otkritie Online with Additional London Presence, Beckoning Global HFT
The new connection at Equinix's LD4 datacenter, located in Slough, offers closer proximity to colocated servers of over 80 exchange and trading platforms across 30 European markets. Otkritie now claims the lowest latency connection between Moscow and…
SIX Swiss Exchange Introduces Sponsored Access
SIX Swiss Exchange has announced the debut of its sponsored access program, allowing members to provide their clients with a direct route into the market.
Oanda Upgrades Mobile Analysis Tools
Foreign exchange (FX) service provider Oanda has announced a set of upgrades to its mobile suite, providing advanced analysis features for its fxTrade platform.
Millimeter Wave vs Microwave for Wireless Communication
Microwave is only now making waves in the capital markets, but already other forms of wireless are being investigated.