Trading Tech
BAS to Enhance InstaQuote
NEW YORK—Banc of America Securities (BAS) plans to add strategy engines to its InstaQuote electronic execution system, bank officials tell DWT .
Liffe Preps Liffe Connect Upgrade
LONDON—European derivatives exchange Liffe, formerly Euronext.liffe, plans to release new versions of its electronic trading platform, Liffe Connect, by the end of this year, DWT has learned.
AC Capital Takes On-Demand CDO² Pricing
Dublin-based asset manager AC Capital Partners last week went live using derivatives pricing and risk analytics from UK-based vendor CDO², running on a pay-on-demand grid computing solution from Sun Microsystems’ Network.com subsidiary.
Project Boat Finalizes Data Interface
Project Boat, the nine-bank data consortium established to take advantage of the pre- and post-trade transparency requirements of the European Union’s Markets in Financial Instruments Directive, last week issued the final version of the application…
Yes Bank Rolls Out RTFX for FX Pricing
MUMBAI—As part of a wider foreign-exchange (FX) initiative, Mumbai-based private sector bank Yes Bank has deployed bank-to-client FX trading service Reuters Trading for Foreign Exchange (RTFX) to distribute prices, bank officials tell DWT .
OMX Set to Win Turquoise Contract
LONDON—Nordic stock exchange operator and technology provider OMX Group is in advanced negotiations to become the sole technology provider to the Markets in Financial Instruments Directive (Mifid)-inspired multilateral trading facility (MTF) Project…
LSE, Borsa Italiana to Use TradElect
LONDON & MILAN—Officials from the London Stock Exchange (LSE) and Borsa Italiana announced last week that both bourses plan to standardize on the LSE’s TradElect trading platform after the two exchanges merge.
Euronext.liffe to Launch Stirs Algo
LONDON—European derivatives exchange Euronext.liffe plans to debut a new trade matching algorithm for its short-term interest rate (Stirs) futures contracts on Aug. 20, exchange officials say.
Swift to Revamp Global Network
NEW YORK—The Society for Worldwide Interbank Financial Telecommunication (Swift) is preparing a global upgrade of its network infrastructure, which will include a new redundant operations center located somewhere in Europe, Swift officials tell DWT .
3D Markets Preps Options ATS
NEW HOPE, PA.—A new equities options alternative trading system (ATS) from start-up vendor 3D Markets is preparing to take flight, vendor officials tell DWT .
Waters Rankings 2007 Announced
NEW YORK—Heat, humidity and a localized blackout could not keep attendees away from the fifth annual Waters Rankings reception, hosted at Métrazur overlooking Grand Central Station’s main concourse. This year, nearly 600 readers of sibling publication…
Make Me Accountable
Chief Data Officers
The Role of the CDO
Chief Data Officers
ISINs on the Move
Standards
Competition Looms
ASIA REPORT
Winners of our fifth annual Waters Rankings
WATERS RANKINGS 2007
One CEP at a Time
THE DALY CLOSE
The Heat Goes On
EDITOR'S LETTER
Measuring Baby Steps
STREAMING QUOTES