TORA Strengthens Its Fixed Income Offering with Neptune Integration
- 5 years 9 months ago
- Trading Systems
Innovative trading technology provider, Tora, has today announced that it has further strengthened its fixed income offering by integrating their leading OEMS with Neptune Networks Ltd. The new connection enables clients to view pre-trade analytics from the TORA OEMS to help improve bond execution quality.
The Derivatives Service Bureau Announces UPI 2021 Industry Consultation
- 5 years 9 months ago
- Trading Systems
The Derivatives Service Bureau (DSB), founded by the Association of National Numbering Agencies (ANNA) to facilitate the allocation and maintenance of ISINs, CFIs and FISNs for OTC derivatives, is today announcing the forthcoming DSB consultation timelines for the principles underlying the fee model for the new Unique Product Identifier (UPI).
Shinhan Bank Vietnam Successfully Modernizes Trading and Risk Platforms with Finastra
- 5 years 10 months ago
- Trading Systems, Risk Management
Finastra has announced today that Shinhan Bank Vietnam has successfully standardized and integrated its trading and risk platforms with Finastra’s Fusion Kondor and Fusion Risk. The flexibility and efficiency offered by these solutions strongly positions the bank to grow more quickly and fulfil its ambitions of regional and international expansion.
Swarm Technology Launches AI-Driven Managed Futures Trading Program: Swarm XVI
- 5 years 10 months ago
- Artificial Intelligence, Trading Systems
Swarm Technology today announces the launch of its unique managed futures trading platform, Swarm XVI. Using artificial intelligence (AI), Swarm XVI applies a form of biomimicry to trade a portfolio of 16 liquid futures markets in a way that extracts information more efficiently than many existing methods.
TORA’s OEMS Integrates with Liquidnet’s IA Trader to Offer Real Time Actionable Decision Making Tools
- 5 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 global institutional investment network, Liquidnet’s IA Trader. The integration offers access to advanced artificial intelligence, data analytics tools and a broad range of Liquidnet trading algorithms.
InfoReach and QuantHouse Partner to Provide a Global, Multi-Asset Managed Trading Solution
- 5 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 that InfoReach Inc. (InfoReach) has integrated QuantHouse's API to power their Trade Management System (TMS) with high performance, global market data across equities, options and futures.
Investment in derivatives post-trade set to soar
- 5 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
- 5 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
- 5 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.
Talos’ Digital Assets Trading Platform Adds New Liquidity Providers
- 5 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
- 5 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
- 5 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
- 5 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
- 5 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
- 5 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
