Trading Tech
Australian Exchange Plans Corporate Actions Processing Improvements
The Australian Securities Exchange (ASX) will launch a straight-through processing template for corporate actions in the first half of 2013, incorporating ISO and FIX standards
Equinix Plans Zurich Data Center
Also expands existing GV2 facility in Geneva.
Algos Made Faster: MathWorks and TT Build in Direct Exchange API
Signaling a trend in HFT software development, MathWorks and Trading Technologies introduce a newly built API connection for direct access to TT's exchanges and real-time data for algo back-testing.
OnixS Integrates Nodal Exchange FIX Trade Capture
OnixS directConnect Solution gets straight-through processing following integration of Nodal Exchange FIX Trade Capture.
Hitec Releases DataStore DSX Output Manager
Hitec Laboratories' DataStoreDSX adds integrated report mining and archiving to Hitec's content management suite.
The Changing Face of Trading
Automation, which began in the equities market, is spreading across the capital markets, even as a planned exchange in Burma bucks the trend.
BlackRock's Proposed Bond-Trading Platform Raises Questions
Who will oversee the network, is it a dark pool, and will there be enough matching opportunities to make it viable?
BlueCrest Chooses Digiterre for CRM
Digiterre software will provide a repository for customer information.
Verdict Reversed in Goldman HFT Code Theft Case
Appeal court finds law insufficient to cover charges.
Société Générale Takes Misys Summit FT
Bank now live on hosted cross-asset trading software.
BNY and CME Partner to Facilitate Corporate Bonds for Margins Posting
Move comes as firms seek non-traditional collateral types for futures OTC clearing.
Post-Financial Crisis, Firms Must Address the Fallibility of Models
Following the release of a whitepaper, “Top 10 Best Practices for Managing Model Risk,” Fincad CEO Bob Park says one of the great lessons of the financial crisis is the importance of model validation and stress-testing.
Tokyo Bourse to Aid with Burmese Exchange Plans
TSE and Daiwa Securities helping central bank with creating Myanmar bourse.
AboveNet Opens Low-Latency Connection to BATS Chi-X Europe
Fiber optic network allows access to trading platform.
Broadridge Adds Mutual Funds Sales Tracking Suite
SalesVision Distribution Manager to facilitate greater sharing, monitoring of sales data.
Singapore-based Analec Expands into US
Analec will release its fundamental analysis platform ModelViewer in the US as the Singapore-based firm looks to expand its global presence.
Markit Adds PRDCs to Portfolio Valuations Service
The power reverse currency notes will include several currency pairs, pay-off structures and call and redemption features.
Pierpont Derivatives Goes Live With Calypso
The broker-dealer will use the platform to launch a swaps business.