Investment in derivatives post-trade set to soar
- 3 years 10 months ago
- Covid-19, Trading Systems
95% of tier 1 and 2 banks plan to invest more in derivatives post-trade operations over the next three years than in the last three, a major study by Acuiti has found. Almost half of tier 1 and 2 banks are expecting to invest more than $5m over the next three years in long-awaited upgrades to post-trade processing capacity.
CLS and Finastra Collaborate to Deliver Netting Services to Customers
- 3 years 10 months ago
- Trading Systems, Payments
CLS, a market infrastructure delivering settlement, processing and data solutions, and Finastra, one of the world’s largest fintechs, have agreed to enter into a collaboration to provide Finastra customers with access to CLSNet, CLS’s bilateral payment netting calculation service. The move addresses increased demand from the buy-side for a centralized infrastructure to manage post-trade processes.
The Derivatives Service Bureau Calls For New Product Committee Members
- 3 years 10 months ago
- Trading Systems, People Moves
The Derivatives Service Bureau (DSB), founded by the Association of National Numbering Agencies (ANNA) to facilitate the allocation and maintenance of International Securities Identification Numbers (ISINs), Classification of Financial Instrument codes (CFIs) and Financial Instrument Short Names (FISNs), for OTC derivatives, is today calling for new members for its Product Committee (PC) with an application closing date of 13th January 2021.
Refinitiv & Quod Financial Launch the Next Iteration of Data-Driven Trading Technology
- 3 years 10 months ago
- Online Trading, Data
Refinitiv has entered into an agreement with Quod Financial to provide a joint multi-asset trading solution for brokers, banks and market makers. This new sell-side OMS solution powered by Quod Financial is available now in Asia, Europe and the US, powered by Refinitiv’s data feed solutions and leveraging Refinitiv’s connections to the sell-side and buy-side community.
Talos’ Digital Assets Trading Platform Adds New Liquidity Providers
- 3 years 10 months ago
- Trading Systems, Liquidity, Cryptocurrencies
Talos, a technology provider for the institutional trading of digital assets, today announced that order flow from six OTC liquidity providers has been integrated into its end-to-end trading platform. These partners are: Alameda Research, B2C2, Cumberland, Galaxy Digital, Genesis, and Hehmeyer.
G.H. Financials Selects Eventus Systems for Global Trade Surveillance
- 3 years 10 months ago
- Trading Systems
Eventus Systems, Inc., an award-winning global provider of multi-asset class trade surveillance and market risk solutions, announced today that G.H. Financials (GHF) has selected Eventus to meet its trade surveillance needs worldwide. The London-based exchange-traded derivatives clearing firm will deploy the cloud-based version of the Eventus Validus platform beginning in early 2021.
TORA Integrates OEMS Platform with TP ICAP’s Fusion RFQ for Enhanced Single Stock Equity & ETF Trading
- 3 years 10 months ago
- Trading Systems
TORA, the provider of industry-leading trading technology, has today announced that it has integrated its order & execution management system (OEMS) with leading provider of financial market services, TP ICAP and their Fusion RFQ engine. The new integration enables TORA’s Equity & ETF clients to access greater liquidity through Fusion RFQ’s global pool of over 14,500 instruments and 30+ Liquidity providers.
DTCC Identifies Seven Areas of Broker Cost Savings as a Result of Greater Post-Trade Automation
- 3 years 10 months ago
- Trading Systems
Certain post-trade processing costs for cash securities at large broker-dealer firms could be reduced by 20-25% through automation, according to a recent survey of nine of the world’s leading broker-dealer firms by The Depository Trust & Clearing Corporation (DTCC), the premier market infrastructure for the global financial services industry.
Luminex Partners With LeveL ATS For Dramatic Speed Upgrade
- 3 years 10 months ago
- Trading Systems
Luminex Trading & Analytics LLC, a buy side-owned trading venue delivering efficient, low-cost block executions, announced the launch and rollout of a dramatic speed upgrade to the matching engine behind its unique buy side-only dark pool.
triBalance Completes First FX SA-CCR Optimization Cycle
- 3 years 10 months ago
- Trading Systems, Foreign Exchange
TriOptima, a leading infrastructure service that helps to lower costs and to mitigate risk in OTC derivatives markets, announced the completion of its first triBalance FX cycle optimizing exposures for clients who calculate their leverage ratio capital requirements under the Standardized Approach for Measuring Counterparty Credit Risk (SA-CCR). Bilateral and cleared initial margin exposures were simultaneously optimized in the FX cycle that took... more
LiquidityBook Launches Standalone CAT Reporting Solution
- 3 years 10 months ago
- RegTech, Trading Systems
LiquidityBook, a leading Software-as-a-Service (SaaS)-based provider of buy- and sell-side trading solutions, announced the launch of a new Consolidated Audit Trail (CAT) reporting solution. CAT reporting has always been among the sell-side reporting functionalities available to LiquidityBook’s OMS customers, but demand from non-OMS clients prompted the firm to develop a solution on a standalone basis for those who using either a competing OMS... more
R.J. O’Brien Selects Broadridge to Transform its Exchange-Traded Derivatives Operations Globally
- 3 years 10 months ago
- Trading Systems
Broadridge Financial Solutions, Inc. (NYSE:BR), a global Fintech leader, today announced that R.J.
SoftSolutions Launches Electronic Trading as a Service with nexRates
- 3 years 10 months ago
- Trading Systems
SoftSolutions, the high performance multi-market fixed income trading technology provider, today announced the launch of the next generation of their nexRates solution, the fully integrated electronic trading as a service platform for secondary markets. nexRates can now be delivered over the cloud in addition to the well-established nexRates on-premise solution.
Cloud9 Partners with Enghouse to Enhance Voice Data Analysis and Measurement
- 3 years 10 months ago
- Online Trading
Cloud9 Technologies ("Cloud9"), a leader in cloud-based communications, has partnered with Enghouse Interactive to integrate its Proteus Trader advanced voice trading accounting application for the institutional marketplace. The collaboration between Cloud9 and Enghouse Interactive provides investment banks and trading firms with a more robust tool for network management and planning, private wire management, and more efficient way to monitor... more
QuantHouse Implements Global 100Gigabit Upgrade in Anticipation of Further Market Volatility
- 3 years 10 months ago
- Trading Systems
QuantHouse, the global provider of end-to-end systematic trading solutions including innovative market data services, algo trading platform and infrastructure products and part of Iress (IRE.ASX), today announced a global upgrade of all data centre backbones to 100G including the deployment of the low latency Arist