Trading Tech
Coller Capital Partners with DataArt on Custom Software
The custom software developer has teamed with Coller, a hedge fund based in London, on internal applications development.
Newedge Releases Prime Brokerage FX Platform
While FX has been a part of the company’s suite of prime brokerage services for institutional clients, the new version provides better access to the global currency market.
Fundhost Taps SS&C for Oz Fund Administration Business
Sydney-heaquartered back-office services provider Fundhost has selected SS&C's AdvisorWare platform to support the launch of its Australian hedge fund administration business.
SEF Nuances Provide Challenges for Liquidity Aggregation
While liquidity aggregation as a practice is nothing new for market participants, the specific character of Swap Execution Facilities (SEFs) and their diversified offerings will lead to new ways of thinking for sell-side firms, research from GreySpark…
BNY Mellon Wins Allianz Outsourcing Deal
Allianz Global Investors (AGI) has awarded a contract to provide outsourced data and accounting services for a range of its funds to BNY Mellon.
Expedition Launches Imagine's Cloud for Risk Management
Hong Kong-based hedge fund Expedition Advisors has integrated with Imagine Software's cloud-based portfolio management and risk offering.
MarketPrizm Announces DMA Access to London Metal Exchange
Trading infrastructure provider MarketPrizm has established direct market access (DMA) to the London Metal Exchange (LME).
BlackRock, Thomson Reuters to Provide Fixed-Income Analytics for Buy Side
Investment management firm BlackRock and data vendor Thomson Reuters will partner to create a distributed fixed-income derived analytics set through BlackRock Solutions (BRS), the firm's solutions provision arm.
Interactive Data Launches ASX 24 Feed on 7Ticks
The new futures feed will provide data to trading firms based primarily in Chicago who want access to the Australian derivatives market
SunGard Expands Loanet
The new service automates the collection and settlement of rebates from firms borrowing or lending securities.
Spanish Exchange Calls Orange for HFT Flow
Madrid-based exchange operator Bolsas y Mercados Españoles (BME) has connected to Orange Business Services' TCSnet to attract faster flow.
The Two-Day Maneuver
For something relatively simple in concept, the shortening of settlement cycles can be rather complex in practice. Moving away from T+3, though, is inevitable, and it has a solid groundswell of support within both the buy and sell sides.
Fidessa Promotes Chatterjee, Opens Mumbai Office
Trading software vendor Fidessa has announced the opening of a new location in Mumbai, India.
Human Error, Not Tech, Blamed in Morning Index Scare in India
This morning, the National Stock Exchange (NSE) of India halted trading for 15 minutes when a primary index, the S&P CNX Nifty, rapidly dropped over 900 points to a low of 4,888.20, after opening at 5,815.00, losing 16 percent of its value.
Latency Becomes Costly Race of Attrition
As ultra-low latency becomes harder and more expensive to achieve, some firms are deciding not to pursue further upgrades, and focus their efforts elsewhere, said panelists at Inside Market Data Chicago