Trading Tech
BATS Document Suggests LULD Delay
A timetable for the implementation of limit-up limit-down (LULD) measures, a form of market circuit breakers in the event of wild price swings, has been published by BATS, suggesting that the enactment date of February will be postponed to April.
2013 Offers Both Familiar and Fresh Challenges
As the recycling is put out for collection, credit card bills from Christmas cause mild bouts of nausea and everyone begins to get back into their daily routines, let's take a look ahead to what's going to be important in 2013.
CTI, Markit Launch Fatca Compliance Tool
Compliance Technologies International (CTI) and Markit have launched Fatca Service Bureau to help financial institutions with compliance to the Foreign Account Tax Compliance Act (Fatca), which came into force at the start of the year.
State Street Rolls Out Compliance Assistance
State Street has developed a suite of services to assist clients with compliance testing and reporting requirements for the US Commodity Futures Trading Commission’s (CFTC) rule amendments announced last year.
CI Casa de Bolsa Taps Perseus Telecom for New York-Mexico City Connection
CI Casa de Bolsa, a brokerage house based in Mexico City, has joined Perseus Telecom's ultra-low latency network between New York and Mexico City.
Watson Wheatley Upgrades Reconciliation Software
Watson Wheatley Financial Systems has launched Version 2 of its i-Recs reconciliation software.
Thomson Reuters Launches Fatca Compliance Suite
Thomson Reuters has launched a compliance suite to help firms to get in line with the US Foreign Account Tax Compliance Act (Fatca).
BNY Mellon Receives CSD Approval
The Bank of New York (BNY) Mellon has received regulatory approval for the launch of a new Issuer Central Securities Depository (CSD).
JPMorgan Consolidates Operations with Single Platform
JPMorgan has launched a single electronic trading platform, consolidating more than 30 individual platforms onto a single user interface.
Open Platform: The Front Office in the Cloud
The need to cut costs without compromising client service and business performance is putting tremendous pressure on businesses, spurring them to evaluate their internal processes and consider moving some of these to a managed services model. The past…
Bursa Malaysia Adds MillenniumIT Surveillance System
Bursa Malaysia has gone live with the SurveillanceTM System for trade oversight from MillenniumIT, part of the London Stock Exchange Group.
DTCC Now Disseminating Swap Prices and Data
The Depository Trust and Clearing Corporation (DTCC) has announced the successful receipt of swap prices and transaction data at its DTCC Data Repository (DDR).
ConvergEx Improves Asia-Pac Algos
ConvergEx has made enhancements to its execution capabilities in the Asia-Pacific markets.
Celoxica Launches FPGA-Powered Futures Platform
Market data and order entry systems vendor Celoxica has launched its new futures trading platform for US and European markets.
InfoReach Enhances Risk Tool
New York-based trading platform provider InfoReach has enhanced its risk limits tool, available as part of its trade management system or as a separate module.
OTC Participants Self-Report a Lack of Readiness
A survey by London-based consultancy Rule Financial has quantified, albeit in an unscientific way, what a feature for the November issue of Waters revealed anecdotally: Financial institutions are unprepared for over-the-counter derivatives (OTC) reform…
OTC Participants Self-Report a Lack of Readiness
A survey by London-based consultancy Rule Financial has quantified, albeit in an unscientific way, what a feature for the November issue of Waters revealed anecdotally: Financial institutions are unprepared for over-the-counter derivatives (OTC) reform…
Numerix Adds Multi-Curve Modeling Functionality
Cross-asset analytics provider Numerix has announced enhanced multi-curve modeling capabilities for Portfolio, its trade capture application.
2013: Keep Calm and Carry On
Victor Anderson looks into his 2013 crystal ball and sees little change next year in terms of the challenging operating environment, although he does see opportunities for technology vendors and delivery models that will transpire over the next 12 months.
The Best of the Buy Side in 2012
The pick of Waters' buy-side coverage from the past year.