Trading Tech
Citi Rolls Out Upgrades to Processing, Risk Management Solution
Citi has launched Network 3.0, which features better risk management capabilities for institutional investors, asset managers and alternative asset investors.
Second Time Around, Corporate Bonds Platforms Putting Interface First
Benchmark Solutions and iTB both aim to make corporate debt tools elegant as trading in the asset class incrementally goes electronic. Their interfaces illustrate two approaches, fit to purpose.
India's Third Bourse Eyes February Open for Equities Trading
Multi Commodity Exchange of India (MCX) is preparing to launch trading in cash equities and equity derivatives on February 11, under the MCX-SX banner, the bourse has announced.
The UX Factor: Visual Design Meets Finance
Financial applications once eschewed Marshall McLuhan’s famous argument—that the “medium is the massage”—by prioritizing function and cost over the beauty of the interface. No longer, experts say. Tim Bourgaize Murray reports on a design revolution that…
Information Mosaic Preps IMActions for T2S
Post-trade software provider Information Mosaic, based in Dublin, says its corporate actions solution has been enhanced to meet the new European settlement protocols.
IRD's Editor on Data's Role in Risk Management
Inside Reference Data editor Michael Shashoua considers how well data management efforts are responding to regulation and risk developments
Regulatory Uncertainty Inhibits OTC Preparation, IPC Survey Finds
A recent survey by vendor IPC Systems has found that a lack of clarity over regulations governing how over-the-counter (OTC) derivatives will trade in the future is leading to a lack of preparedness among market participants, even as most accept that the…
Kyte Group Live with AlgoSpan Platform
Kyte Group, a Futures Commission Merchant (FCM), has gone live with AlgoSpan's low-latency exchange market access platform.
With OTC Reform, Conception and Consolidation Rule
I was originally going to start this column with the words ‘it feels like we’ve been talking about derivatives reform for years’, until I realized that’s exactly what we’ve been doing. There’s a sense of forward motion now, at least, with the first…
FX Has a Place in Emerging Markets, Too
When most people think of trading in emerging markets, they think of equities first. Equities uses well-established procedures and technology and is therefore easiest to implement. In a webcast on foreign exchange (FX) technology, though, FX specialists…
After ConvergEx, Eze Eyes Integrated Technology Approach
After the announcement that ConvergEx Group would be selling its RealTick and Eze Castle Software businesses to TPG Capital, it was also stated that the two technology vendors would combine to form the Eze Software Group. With the private investment firm…
Optimize: The Whens and the Whys
Collateral optimization systems are coming into vogue as a means of handling some of the obligations of Dodd–Frank and EMIR. In part one of a two-part feature, Jake Thomases examines exactly what about the current market is prompting the adoption, and…
Beyond DDoS: Advanced Persistent Threats Linger After al-Qassam
After recent cyber attacks on US financial firms, the conversation has focused on distributed denial of service (DDoS) strikes. But firms need to acknowledge that DDoS is simply a means; the ends suggest something more complicated.
Art and Science: Credit Valuation Challenge II
Although the technical requirements for calculating credit valuation adjustment can be significant, other factors also need to be considered in order for an efficient counterparty risk management operation to be established. The second part of this…
Asset Value Investors Selects Paladyne Suite
Long-only asset management firm Asset Value Investors (AVI) has chosen Paladyne to support its trading, operational and connectivity requirements, the vendor has announced.
Nasdaq to Power Trading and Clearing on East African Exchange
The East Africa Exchange, a new commodity exchange opening in Kigali, Rwanda, has selected Nasdaq OMX as its technology partner.