Trading Tech
WCAS Taps iLevel for Performance Reporting
Welsh, Carson, Anderson & Stowe (WCAS), a $20 billion private equity specialist investing in information services and healthcare, will use the cloud-based software provider's solution for data collection, portfolio company valuations, reporting, and…
Borsa Istanbul Signs MoU with Tirana Stock Exchange
Istanbul's stock exchange, Borsa Istanbul, and the Tirana Stock Exchange have signed a Memorandum of Understanding (MoU) during the Tirana Economic Forum, to further their existing collaboration and develop technology.
Charles River Partners 360T for FX
Charles River has announced the addition of foreign exchange (FX) quotes and execution functionality to its Investment Management System (IMS) product.
Taking Action Against Asian Fragmentation
The diverse nature of the Asia-Pacific region has long caused problems for the timely processing of corporate actions data. Nicholas Hamilton finds out how market participants manage these challenges and what is being done to improve standardization and…
Trading Technologies Connects to Eris Exchange
Trading Technologies (TT), a Chicago-based provider of trading software for derivatives traders, has connected to SwapBook, the trading platform of Chicago-based swap futures exchange Eris Exchange.
Advent Enhances APX, Moxy in Cloud Push
San Francisco-based Advent Software has released upgraded versions of Advent Portfolio Exchange (APX), its portfolio management platform, and Moxy, its trade order management system. This rollout also includes enhancements to Advent Rules Manager and…
ABG Sundal Collier Taps SunGard Front Arena
Nordic institutional broker ABG Sundal Collier (ABGSC) has selected SunGard’s electronic-trading platform Front Arena, to support its global operations and growth goals.
Panopticon Adds HTML5 Support, Visualization Tools with Update
Data analysis vendor Panopticon has announced the 6.2.2 release of its flagship software, including enhanced visualization tools and deployment methods that include HTML5 publishing capabilities suitable for mobile devices.
Orange Sells Trading Solutions Business to Gores Group
The Gores Group, a US-headquartered private equity firm, has announced its acquisition of the Paris-based provider of voice and electronic trading infrastructure, Orange Business Services ─ Trading Solutions, a subsidiary of France Télécom-Orange.
NYSE-ICE Acquisition Proposal Gains Shareholder Approval
Shareholders in NYSE Euronext have approved the acquisition of the stock exchange giant by IntercontinentalExchange (ICE), one of the first steps in the formalization of an entity that spans equities, commodities and derivatives trading.
Another Poll Indicts Buy Side on Central Clearing
As of March, a majority of buy-side firms were still not ready to centrally clear over-the-counter (OTC) derivatives, according to a poll by SimCorp, a Copenhagen-based software provider.
Nasdaq to Monitor Performance With Corvil
Nasdaq OMX continued the evolution of its operational risk management tools and its relationship with Irish performance monitoring specialist Corvil with its implementation of CorvilNet. By providing greater visibility into trading events, CorvilNet will…
Nomura Turns to NRI for Mobile CRM
Nomura Securities has implemented the customer relationship management (CRM) solution for mobile devices from Nomura Research Institute (NRI), an unaffiliated Japanese vendor.
Misys Global Risk to Launch New Risk Tool
Software vendor Misys has launched its new risk-management solution, Misys Risk Insight, a centralization tool for risk information.
Wood & Co Financial Services Joins SunGard Global Network
Prague-based broker Wood & Company Financial Services has joined the SunGard Global Network (SGN) to facilitate trading in Central and Eastern Europe and support growth.
FPL Releases HFT-Specific FIX Working Document
Fix Protocol Limited (FPL) has announced a new version of the Financial Information Exchange (FIX) language specific to high-frequency trading (HFT), inviting its member organizations to participate in a working document review.
Object Trading to Provide DMA to Dubai Exchange
Object Trading's flagship direct market access suite FrontRunner is now live with clients connected to the Dubai Gold and Commodities Exchange (DGCX), and is available to provide direct market data and risk-managed trade execution.