Trading Tech
Bloomberg unveils new portfolio analytics
Bloomberg has added an analytics tool to its suite of buy-side trading systems that includes POMS (Portfolio Order Manage-ment System) and POMS-AI (Portfolio Order Management System for Alternative Investors).
Coming of age
John Comerford spent many years on the buy side in a variety of roles relating to trading, technology, and portfolio management, before he jumped ship to join Nomura and then Instinet, where he is now global head of trading research, based in San…
PG Capital Management goes live on Advent ABOS platform
PG Capital Management, a Washington, DC-based manager serving high-net-worth clients, is live on Advent Software's Advent Back Office Service (ABOS) for hosted back-office and data management capabilities, allowing PG Capital to focus more on its client…
Thomson Reuters fights fragmentation
Thomson Reuters last month unveiled two new initiatives to tackle the fragmentation of market data that has taken hold in Europ-ean markets since the introduction of Mifid in November 2007.
Quod unveils buy-side SOR offering
Trading software vendor Quod Financial is testing a new smart order routing system for buy-side firms that will integrate post-trade data from exchanges and other trading venues including dark liquidity pools.
The $35,000 toilet bowl
At last, a fitting symbol of the unfortunate combination of malfeasance and stupidity crippling the financial services industry and pushing the world to the brink of economic depression: former Merrill Lynch chief executive John Thain, freshly relieved…
Manulife selects Broadridge's Dataphile platform
Canadian broker-dealer, Manulife Securities, a division of Manulife Financial, has implemented Broad-ridge Financial Solutions' Dataphile platform for over 1,500 advisors in both its securities and mutual funds businesses. Manulife Securities acquired…
Tibco Rolls Out Rendezvous Appliance
PALO ALTO, CALIF.-Later this week, Tibco Software plans to announce the availability of the new appliance-based version of its Rendezvous messaging platform.
Tibco Debuts Messaging ‘Appliance'
Tibco will this week unveil its new hardware-based messaging appliance, which embeds the vendor's Rendezvous middleware product into networking hardware to reduce messaging latency and server space requirements while handling rising data throughput.
Equiduct Trading Sets New Launch Date
LONDON-After pushing back the launch date for Equiduct Trading, the multilateral trading facility's (MTF's) officials expect the venue to go live later this quarter.
Baikal Selects TradElect
LONDON-The London Stock Exchange's (LSE's) dark-liquidity trading platform, Baikal, will run on the exchange's TradElect trading platform and is scheduled to go live in June this year, according to recent industry reports.
Reliance Boosts European Coverage
Network provider Reliance Globalcom has expanded the coverage of European trading venues available via its FinancialConnect extranet with the addition of access to multilateral trading facilities Chi-X, Nasdaq OMX Europe and BATS Europe.
Trade Secrets
Shocking revelations broke last week that the US National Security Agency systematically spied on news organizations and collected data on ordinary citizens under the veil of national security. The amount of data alleged to have been collected is…