Trading Tech
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.
NYSE Liffe Teams with DTCC on New Repo Trading
Futures to be traded based on GCF Repo Index.
Velocity Trade Goes Live with Web Portal
Financial Software Systems' Spectrum System will enable leveraged FX trading at Velocity Trade's London office.
Impulse Announces C-to-HDL FPGA Compiler
Kit allows for algorithmic conversion to super-fast chip language.
Off-Exchange Equity Trades Grow in March [UPDATE]
Research report shows increased flow to internalized and dark pool execution.
Smarts Broker Implemented by China Merchant Securities
The surveillance tool from Nasdaq OMX is being deployed by a China-based broker-dealer for the first time.
Options IT Eyes Robust Internal Controls for Private Cloud
Vendor replaces SAS70 with SSAE 16, requiring greater external auditing and a dedicated report on security and availability.
APM Technology on the Rise
ITRS' Kevin Covington discusses APM technology and how the sector has evolved.