Trading Tech
Increased Electronic Trading in Futures Means Major IT Upgrades Needed
As more and more buy-side firms seek to take advantage of electronic trading strategies for futures—such as routing orders through direct-market access (DMA) solutions or using algorithmic-trading options—brokers and third-party trading platform…
ISDA Backs OTC Clearing Standard
Launched by Sapient over the summer, the Clearing Connectivity Standard now has the support of the OTC derivative trade group.
Fulcrum Asset Management Chooses SS&C's Recon for Reconciliation
Landover, MD-based Fulcrum Asset Management has employed reconciliation and exception management software from SS&C Technologies.
SAS Prepares Event Stream Processing Software
Business analytics provider SAS has announced a launch date for its new event stream processing (ESP) software.
Orc Releases Unified Market Access Product
Capital markets software vendor Orc has announced the release of Orc Trade Access, its stand-alone product for market access connectivity.
Pricing Partners Enhances Credit Risk Engine
Analytics and valuations provider Pricing Partners has announced the addition of value-at-risk (VaR) assessments to its credit valuation adjustment (CVA) software.
MahiFX Adds Price Alerts, Historic Charting
The online platform now features customizable price alerts and a historical charting package to provide traders with greater insight.
NSE Shifts Blame for India Flash Crash
Since India’s S&P CNX Nifty index dropped 900 points earlier this month, the country’s largest exchange hasn't disclosed any evaluations of its own mistakes. One technologist has a few suggestions.
FIX Group Standardizing Venue Data
The sell side is all over the map when it comes to execution venue data that it provides to clients. FIX is trying to fix that.
Link Up Markets Taps Swift for T2S
Link Up Markets, a consortium of 11 European central securities depositories (CSDs), will connect to Target2-Securities (T2S) via Swift’s financial messaging network, once the new pan-European settlement infrastructure is launched in 2015.
Vega-Chi Unleashes Credit ATS for Institutional Investors
Vega-Chi, which has operated a multilateral trading facility in Europe for several years, has launched a credit alternative trading system (ATS) that will allow firms in the US to match specific credit products without intermediation.
Link Up Markets Chooses Swift For T2S
The joint venture of European and African CSDs will use the Value Added Network service to connect to Target2-Securities infrastructure
NYSE Tech Expands FIX Capabilities with Appia Business Centre
Through the Appia suite of products, also including the core Appia FIX Engine and TradeScope, a monitoring solution, global market participants have access to the tools to manage and monitor their FIX infrastructure, connectivity and traffic.
With Redkite Acquisition, NICE Gains Real-Time Surveillance Capabilities
Compliance software vendor NICE Actimize has acquired Redkite Financial Markets, a provider of cloud-based surveillance technology, in a deal that completed earlier this week.
Tradeweb Launches ETF Platform
Multilateral Trading Facility (MTF) operator Tradeweb has announced the launch of a multi-dealer-to-client platform for exchange-traded funds.
PrimeOne Introduces SwapCloud Platform for Buy Side
The prime brokerage services arm of CoreOne Technologies, PrimeOne, says its cloud-based offering will feature a range of swaps products derived from equities, convertible and corporate bonds, sovereign debt and futures, as well as Indian participatory…
Tradar Releases Insight 5.0 for Portfolio Management
Financial software provider Tradar's latest version of Insight features improved post-trade compliance, multi-way reconciliation and increased processing speed.
Foresight Publishes Final HFT Report
Foresight, a UK government-affiliated research group located within the department for Business, Innovation and Skills (BIS), has published its final report on computer-based trading (CBT).
Canadian Firm Takes on Linedata for Portfolio Management
Vertex One's old system could not cope with its increasing demands as the firm reaches the $1bn mark in assets.
IPC Expands Korean Connectivity
Communications and turrets provider IPC says Koscom, technology arm of the Korean Stock Exchange (KRX), will use its Connexus extranet and Direct Connect data service to upgrade their operations in Busan.