Trading Tech
Private Equity Players Launch Data Alliance with AltExchange
The new group's aim is to develop an open-standard, three-tiered, XML-based format as well as a new validation platform for private equity, with initial technology backing provided by a mainstay provider in the space, eFront.
Pershing's NetX360 Available on Surface Pro
The broker-dealer and advisor solutions arm of BNY Mellon has augmented its NetX360 advisor platform to run on Microsoft's Surface Pro tablets via the Windows 8 Pro operating system.
Broadridge Debuts Swift Trade Confirmation Product
Broadridge Financial Solutions has announced the launch of its service for Swift Global Electronic Trade Confirmation (GETC), allowing institutional brokers a higher degree of automation when dealing with buy-side clients.
Marathon CTO's Model for Building Your Own HPC
Klay Stack didn't let his firm's small size hold it back from an architecture upgrade. Marathon Asset Management has a new high-performance computing (HPC) system to show for his confidence.
Paladyne Makes a Play for Control of Numerix Risk Tool
Paladyne Systems has secured the rights to the source code, development rights, and unlimited distribution rights for the Portfolio Risk product from analytics provider Numerix. Paladyne has also hired the Toronto- and Hong Kong-based development teams…
Alpha Completes Conversion to TMX Trading Engine
Alpha, the Canadian alternative trading system acquired by TMX Group, has completed its migration to TMX Group's proprietary trading engine, TMX Quantum.
Bonaire's Revport Makes Sell-Side Splash
Boston-based fee tracking and reconciliation software provider Bonaire, which historically targets buy-side managers, has beefed up its recent foray into vendor agreement optimization for capital markets.
Bermuda Stock Exchange Adopts Nasdaq Trading Platform
The Bermuda Stock Exchange (BSX) has launched Nasdaq OMX’s X-stream trading platform in an effort to gain the best latency and throughput among Caribbean exchanges.
Mobile Strategies for Financial Services Firms Webcast
Waters gathered leading industry experts for a webcast on April 25, 2013 to discuss the operational and technology challenges facing firms in light of widespread adoption of bring-your-own-device (BYOD) initiatives.
Algorithms, Arbitrage and Broken Things
Settling for a settled debate over high-frequency trading.
ITG Takes XIP OMS to the Cloud
Execution and research broker ITG has announced that its ITG Order Management System (OMS), formerly known as Macgregor XIP, has been relaunched with a hosted solution offering.
TradingScreen Clears CFTC's FX Mid-Point Pricing Hurdle
The regulation, going into effect on May 1st, requires firms to display mid-point prices for foreign exchange (FX) pre-spot, forward outrights, non-deliverable forwards, and swap trades.
Anthony Malakian: HFT: Enemy of the State
With high-frequency trading existing in a state of uncertainty, the FBI is looking to join the SEC in examining the role algorithmic trading plays in the capital markets. Anthony says this is a good thing.
Capital Banking Solutions to Package IBM Middleware
Technology vendor Capital Banking Solutions (CBS) has announced that IBM will provide certain middleware modules for its CapitalBanker platform.
Latency Hardware: Threading the Needle
From proprietary field-programmable gate arrays (FPGAs) to flexible kill switches, North American Trading Architecture Summit panelists say good strategy always fits the right hardware to purpose.
Kames Capital Implements BI-SAM’s B-One Platform
Kames Capital, an Edinburgh-based asset manager with €EUR 65 billion under management and approximately 270 employees, and a subsidiary of Aegon Asset Management, has implemented BI-SAM’s B-One platform to support its performance and attribution…
IndusInd Bank Selects Calypso
The Indian private bank, based in Mumbai, says it will use Calypso's cross-asset solution to ramp up treasury activities, offer new derivatives, and monitor risk limits as it expands its client base.
IPC Enters China with Minsheng Deployment
IPC Systems has announced that Minsheng Life Insurance, based in mainland China, has selected and rolled out its Unigy trading communications system.