Trading Tech
Fidessa Hooks Up With Susquehanna Affiliate for Options
Global Execution Brokers (GEB), a member of the Susquehanna International Group, is now offering options execution capabilities to members of the Fidessa community. The 750 brokers on the Fidessa network can now route order flow to Susquehanna, a large…
Woodfield Fund Administration Taps Smonik for Reconciliations
Illinois-based Woodfield Fund Administration has chosen back-office solutions provider Smonik Investment Systems' Recon solution to manage its portfolio reconciliations processes.
MarketAxess Files SEF Application with CFTC
Electronic trading platform operator MarketAxess has submitted its application to the US Commodity Futures Trading Commission (CFTC), in order to become a swap execution facility (SEF).
LCH.Clearnet to Start Clearing CDS for US Members
LCH.Clearnet SA has been authorized to extend its clearing credit-default swaps (CDS) service to US clearing members through its CDS clearing business, CDSClear, while its registration to the US Commodity Futures Trading Commission (CFTC) as a…
Markit Readies Front-Office Upgrade for OTC Charges
Markit has announced new calculations in its front-office analytics suite, designed to help customers cope with a range of complex regulatory calculations from a single application.
Social Media Relies Too Much on Emotion for Investment Use
Tick data specialist OneMarketData recently conducted a survey about the use of social media in the investment community. The company’s director of solutions, Louis Lovas, revealed some of its findings this week to an audience at the Toronto Financial…
Chief Data Officer: A Role Under Construction
Over the past few years, the capital markets have witnessed the promotion of data executives to the role of chief data officer (CDO), elevating data issues to the C-level. Marina Daras looks at how CDOs are making their way to the top of primarily sell…
Nomura Partners Amazon for Cloud Services
Nomura Research Institute (NRI) has announced that it is now a premier consulting partner with Amazon Web Services (AWS), and will be building out a dedicated team to support development of secure cloud models.
SS&C GlobeOp Opens Cloud Portal to the Buy Side
SS&C GlobeOp, the fund admin unit of SS&C Technologies, has extended its cloud-based portal to all of its global fund administration service clients, including hedge funds, fund of funds, private equity and managed accounts clients.
Nasdaq Extends Smarts to Buy Side Through Sterling Partnership
Nasdaq OMX has announced a partnership with Sterling Trader, extending the use of its Smarts Broker surveillance product to buy-side firms.
Toronto FIS: HFT Proponents Prompt Re-evaluation
Canadian bankers and regulators fought off attacks against high-frequency trading practices at the Toronto Financial Information Summit. A pending study of its effects may validate their position or cause a reconsideration.
TT Unveils MultiBroker Platform
Trading Technologies has launched MultiBroker, the Chicago-based vendor's trading solution that allows buy-side firms to gain direct market access (DMA) via multiple brokers from a single X_Trader Pro or application programming interface (API) connection…
Citi Adds Brazil to Total Touch Platform
Citi announced that it has added Brazilian equities to Total Touch, its block electronic execution platform.
Mixed Start for SEF Registrations
Although the US Commodity Trading Futures Commission (CFTC) has finalized its rules regarding the operation of swap execution facilities (SEFs) and registration has been open for weeks, not all institutions have filed applications with the regulator as…
FXSpotStream Launches Desktop Application
Multi-bank foreign exchange (FX) aggregation service provider, FXSpotStream, has launched a desktop application, in addition to its Application Program Interface (API) Spot FX price aggregation service launched in May last year.
Bank Leumi USA Taps Lombard Risk’s Reporting Solution
Bank Leumi USA, the US branch of the Israeli Leumi Group, has selected Lombard Risk Management automated regulatory reporting solution, REG-Reporter, to automate its regulatory reporting.
BNP Paribas Selects Swift VAN for T2S Connectivity
BNP Paribas Securities Services has chosen Swift's value-added network (VAN) to meet its connectivity needs to the proposed Target2-Securities platform (T2S).