Old Mission Secures FINRA Approval to Launch New Institutional Services Business
- 5 years 11 months ago
- Trading Systems
Old Mission Holdings (“Old Mission”), a global, multi-asset class market-making firm, today announced that the Financial Industry Regulatory Authority, Inc. (FINRA) has approved a brokerage license modification for its Old Mission Markets subsidiary. The change will enable Old Mission Markets to begin offering trading services directly to buy-side institutions and ETF issuers later this year, complementing the firm’s existing market-making... more
TradeTech 2020 Unites Europe’s Top Equity Trading Leaders
- 5 years 11 months ago
- Trading Systems
TradeTech 2020 unites Europe’s top equity trading leaders including regulators, sell side, trading platforms, technology partners and over 500 senior buy side. This is your unique opportunity to join the leading buy side in using data and technology to thrive in the post-MiFID II liquidity landscape.
BMO To Buy Clearpool
- 5 years 11 months ago
- Trading Systems
Bank of Montreal has agreed to buy New York-based trading technology outfit Clearpool Group. Financial terms were not disclosed. Founded in 2014, Clearpool has about 60 employees and over 100 clients, primarily US broker dealers who use its trading technology and execution services. Once the deal goes through, BMO says Clearpool clients will maintain access to its technology and open architecture platform. The unit will remain independent post-... more
Global finance leaders Citi, Bpifrance, Deutsche Börse, Fidelity to join first ever London-based conference focused on the institutionalization of digital assets Feb. 10
- 5 years 11 months ago
- Blockchain, Trading Systems, Cryptocurrencies
BlockWorks Group (BWG) today announced that on Feb.
Horizon Software launches new sell-side equity derivatives EOMS with global immediate availability
- 5 years 11 months ago
- Trading Systems
Horizon Software (Horizon), the world’s leading provider of electronic trading solutions and algorithmic technology, has announced the release of a new version of its global EOMS product, adding significant and unique improvements for the automation of client order / execution workflow to its already market-leading solution.
DataLend: $8.66 Billion in Revenue Generated for Securities Lenders in 2019
- 5 years 11 months ago
- Trading Systems, Data
The global securities finance industry generated $8.66 billion in revenue for lenders in 2019, according to market data provider DataLend. While 2018 was a record amongst recent years for securities lending revenue, 2019 global revenue was down 13% in comparison. Securities lending revenue is calculated as the amount paid by borrowers, typically broker-dealers on behalf of their hedge fund clients, to temporarily borrow equity and fixed income... more
Horizon Software partners with US independent broker dealer Wolverine Execution Services for market connectivity
- 6 years 1 week ago
- Trading Systems
Horizon Software (Horizon), a leading provider of electronic trading solutions and algorithmic technology, announces the integration of its algo-trading platform to Wolverine Execution Services, LLC, a leading provider of premier technology and execution services.
Eventus Systems Receives 2019 FOW International Award for Best New Technology Product: Market Surveillance
- 6 years 2 weeks ago
- Trading Systems, Risk Management
Eventus Systems, Inc., a leading global trade surveillance and market risk platform provider, has just won the 2019 FOW International Award for Best New Technology Product: Market Surveillance. Officials from FOW, part of the Global Investor Group, announced the recognition for the firm’s Validus platform at the FOW International Awards Gala Dinner last night in London.
DTCC MF Info Xchange Launches New Capabilities as User Base Grows to 134 Clients
- 6 years 2 weeks ago
- Trading Systems, Security
The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced that its MF Info Xchange service, the first offering of its kind to standardize communications for the mutual fund industry, has been enhanced with new efficiencies and capabilities, including integrating the offering with other DTCC mutual fund services.
Eventus Systems selects Itiviti’s Managed FIX Service for drop copy consolidation
- 6 years 2 weeks ago
- Trading Systems
Itiviti, a leading technology and service provider to financial institutions worldwide, today announced that Eventus Systems, a multi-award winning global trade surveillance and market risk platform provider, has selected Itiviti’s Managed FIX Service to consolidate drop copies from market centers.
DriveWealth announced its first partnership in Thailand
- 6 years 2 weeks ago
- Trading Systems
DriveWealth, LLC, a U.S. based leader in global digital trading technology, announced its first partnership in Thailand. The firm has teamed with Thailand’s leading online securities trading provider, SBI Thai Online Securities Co., Ltd. (SBITO), to bring local investors direct access to the U.S. stock market and their first opportunity to participate in fractional share trading.
Nomura Expands Pico Relationship to Accelerate Growth of Global FX and Rates Businesses
- 6 years 3 weeks ago
- Trading Systems, Banking
Nomura, Asia’s global investment bank, has selected Pico, a leading provider of technology services for the financial markets community globally, to build, host and manage a new platform supporting its latest innovation programs in foreign exchange (FX) and rates trading businesses. The Nomura FX trading platform is co-located in data centres based in New Jersey (NY4), London (LD4) and Tokyo (TY3). With more efficient processing, Nomura’s... more
PT Bahana Sekuritas deploys Itiviti’s high and low-touch trading solution
- 6 years 3 weeks ago
- Trading Systems
Itiviti, a leading technology and service provider to financial institutions worldwide, today announced that PT Bahana Sekuritas, a major player in the Indonesian capital market, has deployed Itiviti’s high and low-touch trading solution to enhance order management capabilities and better serve its regional clients.
VoxSmart Acquires Fonetic Trading Business to Build Comprehensive Communications Surveillance Platform for Capital Markets
- 6 years 3 weeks ago
- RegTech, Trading Systems
VoxSmart, the global leader in mobile surveillance technology, has announced its acquisition of the Fonetic Trading business to deliver a comprehensive communications surveillance offering for Capital Markets participants.
Equiduct Launches First Commission-free, on-exchange Trading Service for Retail Brokers in Europe
- 6 years 4 weeks ago
- Trading Systems, Retail Banking
The service, named Apex, was developed to ensure that private investors can benefit from guaranteed best execution on a European regulated market. Apex will be available for the most liquid and fragmented equities and ETFs across the major European markets and guarantees a multilateral and MiFID II compliant trading environment. The new service is backed by Equiduct's pool of liquidity providers and active brokers.
