Trading Tech
Technology and People Make Cross-Asset Platforms Challenging, Panelists Say
Panelists at the Buy-Side Technology European Summit 2013 in London this week debated the challenges associated with developing and deploying single platforms to support cross-asset trading operations. Some argued that smaller buy-side firms are better…
IRD Awards Results
The results of the Inside Reference Data Awards for 2013 were announced at a dinner in New York on May 21
SunGard Extends FoxRiver Algo Suite to Japanese Equities
SunGard Financial Systems has extended the international reach of its Fox River algorithm suite to support trading in the Japanese equities market.
S&P Capital IQ Extends QuantLINK Solution to HKEx
S&P Capital IQ’s Real Time Solutions has extended QuantLINK, its high-performance global trading infrastructure and co-location hosting service, to the Hong Kong Exchange's (HKEx) datacenter to capture the growth still occurring in the region.
Gill appointed CEO of Millennium IT
Trading technology firm Millennium Information Technologies (MillenniumIT) has appointed Mack Gill as its new CEO to support the firm's global expansion.
RSJ Implements Kx Systems' kdb+
The Prague-based proprietary trading shop, among the leaders in derivatives trading on NYSE Liffe, will use Kx's database and time-series analysis platform to support modeling for its algorithmic trading systems.
Data Centralization Key to Effective Compliance, CTOs Argue
Panelists at the Buy-Side Technology European Summit 2013 in London debated growing levels of transparency and reporting required by regulatory agencies and clients, saying that in order to stay compliant, a thorough data strategy was essential to any…
GFI Builds Out SEF, DCM Capacity with Violin Memory
Wholesale brokerage and electronic execution provider GFI will deploy Violin's solid-state Flash Memory Arrays for increased speed and capacity across all its trading platforms.
Aquis Exchange Teams with FixSpec for FIX Certification
Aquis Exchange, a proposed pan-European equities trading exchange, has teamed up with FIX certification and connectivity provider FixSpec to allow prospective Aquis members to access its online automated certification platform.
FPL Working Groups Update Post-Trade Guidelines
FIX Protocol Ltd. (FPL) has published its updated guidelines for using the messaging language in post-trade processing, incorporating non-US markets for the standard.
Misys Rolls Out Sophis Value, Version 5
Software provider Misys has unveiled version 5 of its portfolio and risk management platform, Sophis Value. This upgrade includes an updated user interface and has more functionality for risk management.
SunGard Consolidates Protegent into Single Platform
SunGard has announced the integration of its various Protegent market surveillance products into a single platform, to provide a consolidated view for compliance officers across a firm.
The Order Machine Moves from Stockholm to London
Derivatives trading platform, The Order Machine (TOM), has moved its matching engine from Stockholm and is now operating from London, to better service UK-based interest.
Hong Kong Mercantile Exchange Forced to Close its Doors
The Hong Kong Mercantile Exchange (HKMEx) has handed back its trading license two years after opening, as the exchange is no longer able to meet required regulatory financial conditions.
Improving Operations Through Automated Reconciliation
Spending on reconciliation solutions is set to increase steadily over the next five years, with a compound annual growth rate of 6.4 percent globally, according to CEB TowerGroup. In fact, spending on integrated reconciliation and exception management…