Affin Bank Upgrades to IPC’s New IQ/MAX Touch
- 8 years 4 months ago
- Trading Systems
IPC, a leading global provider of secure, compliant communications and network solutions for the financial markets community, today announced Affin Bank, a wholly-owned subsidiary of Affin Holdings Berhad, has upgraded its financial trading communications solution to IPC’s new IQ/MAX® Touch powered by IPC’s Unigy® platform. Within two days of an initial trader test, Affin Bank, a long-time IPC customer, rolled out the IQ/MAX Touch communications... more
New American Funding Expense National Growth with Grand Opening of New Arizona Branch
- 8 years 4 months ago
- Trading Systems, Infrastructure
New American Funding, a national mortgage banker headquartered in Southern California, announced today that it has expanded its Western territory with a new Arizona location. The branch will celebrate its grand opening with a ribbon-cutting ceremony on Wednesday, November 30, 2016, at 3:00 PM MST.
EFG Hermes and Saxo Bank Team Up to Launch Multi-Asset Trading
- 8 years 4 months ago
- Trading Systems
EFG Hermes, a leading financial services corporation in the Arab World, and Saxo Bank, the online multi-asset trading and investment specialist announced today the signing of a strategic partnership agreement, which will enable full integration of Saxo Bank’s SaxoTraderGO platform with EFG Hermes’ new online trading platform, EFG Hermes One. The new platform will grant clients one-click access to financial instruments in both multiple Middle... more
CMB International Implements Fidessa's Centralised Order Management and Execution System
- 8 years 4 months ago
- Trading Systems
Fidessa group announced that CMB International Capital Corporation Limited ("CMBI"), a wholly-owned subsidiary of China Merchants Bank ("CMB"), has implemented Fidessa’s centralised order management and execution system as its Asian trading platform to support the expansion of its equities business across Asia. Approved by the China Banking Regulatory Commission ("CBRC"), CMBI is a Hong Kong-based subsidiary of CMB, endeavouring to provide... more
UBS Partners with Clearstream and Citi For Innovative T2S Strategic Solution
- 8 years 4 months ago
- Trading Systems, Infrastructure
In collaboration with UBS, Clearstream and Citi have designed an innovative market-side network model that enables banks and broker-dealers to optimise their operating models and reap the maximum benefit from TARGET2-Securities (T2S), the Pan-European settlement platform operated by the Eurosystem. The new solution will provide market participants with a single point of access to T2S, along with a single integrated and optimised collateral pool... more
Liberum Opts for Torstone’s Inferno
- 8 years 4 months ago
- Trading Systems
Liberum, a leading pan European investment bank signed a multi-year deal with Torstone Technology to use Inferno in July and went live last week, implementing a complete back office system within 4 months. Inferno will process Liberum’s post-trade flow, from trade capture through to settlement, accounting and reconciliation.
Bank Vontobel AG Taps Horizon Platform for Automated Trading for Electronic Execution
- 8 years 4 months ago
- Trading Systems
Horizon Software, the leading provider of electronic trading solutions and algorithmic technology to the world’s exchanges, banks, brokers and fund managers, today announced that Bank Vontobel AG (Vontobel) has selected Horizon Platfo
Ullink and Alpha Omega Team Up to Deliver FIX-Based Post Trade Processing to the Buy-Side
- 8 years 4 months ago
- Trading Systems
Ullink, the global provider of electronic trading and connectivity solutions to the financial community, and Alpha Omega, an innovator in post-trade technology, today announced a strategic partnership focusing on post-trade services for the buy-side. The partnership results in a combined offering, NYFIX Matching, which integrates Alpha Omega’s suite of post-trade solutions with NYFIX’s connectivity and FIX infrastructure for trading.
Elixium Cooperates with Pirum to Streamline Post-Trade Connectivity
- 8 years 4 months ago
- Trading Systems
Elixium, a new all-to-all electronic collateral trading marketplace, and Pirum Systems, the market leader in real-time straight through processing (STP) to the securities finance industry, have partnered to provide seamless post-trade connectivity to clients. The collaboration with Pirum Systems will enable Elixium’s clients to manage the complete post-trade lifecycle, including trade booking and down-stream connectivity to infrastructure... more
Saxo Enhances FX Prime Brokerage Service With Global Market Access and Collateral Optimization Solution
- 8 years 4 months ago
- Trading Systems, Foreign Exchange
Saxo Bank, the trading and investment specialist, announces today that it is boosting its FX Prime Brokerage solution with the addition of a cross-collateralisation facility between PrimeXM sites in New York, London and Tokyo where it provides FX direct market access. The facility will enable Saxo’s Prime clients with global liquidity needs to further optimise their collateral by synchronising balances and exposures across the three primary... more
Object Trading Conforms to Upgraded Singapore Exchange Titan Platform for Direct Connection to Pan-Asian Liquidity
- 8 years 4 months ago
- Trading Systems
Object Trading, a provider of multi-asset trading infrastructure, announced today that it fully conforms to Singapore Exchange’s (SGX) latest trading platform, Titan. Upgrading to NASDAQ’s Genium INET platform today enables SGX to offer enhancements and new features to participants including new connectivity protocols, extended trading hours, and enhanced risk controls; and delivers the ability to support increasing growth and interest in the... more
t0 Unveils Blockchain-Based Securities Trading Platform at Singapore’s Global FinTech Hackcelerator
- 8 years 4 months ago
- Blockchain, Trading Systems, Security
Overstock.com, Inc. CEO Patrick M. Byrne will present the blockchain-based asset trading platform developed by the company’s financial technology subsidiary, t0.com, Inc. The software demo will take place at the prestigious Global FinTech Hackcelerator, organized by the Monetary Authority of Singapore. t0 is one of just 19 firms, selected from a competitive pool of 655 applicants worldwide, to participate in the competition. The presentation... more
London Stock Exchange Welcomes First Ever Chinese Green Covered Bond
- 8 years 5 months ago
- Trading Systems
London Stock Exchange today welcomes the listing of the first ever Chinese Green Covered Bond, issued by Bank of China. The bond, part of Bank of China’s wider MTN programme, creates in effect a new and innovative asset class for global investors, raised $500m. To celebrate the listing, Tian Guoli, Chairman, Bank of China and Simon Kirby MP, Economic Secretary to the Treasury opened London trading.
Abel Noser Releases Ambitious Expansion Program
- 8 years 5 months ago
- Trading Systems, Fund Management
Abel Noser announced today it has finalized the previously announced management-led buyout of the firm along with private equity fund Estancia Capital Partners, L.P. The transition of the business to the second generation of senior management after the retirement of its founding partners will empower Abel Noser to continue to grow its existing businesses, including trade analytics services, transaction compliance, and agency-only brokerage... more
Neptune Welcomes Citi and Deutsche Bank to its Network
- 8 years 5 months ago
- Trading Systems
Neptune, the open-standard network for bond pre-trade real-time AXE indications, today announced the addition of Citi and Deutsche Bank to its network. The Neptune network provides a venue for dealers to share information with investors on the bonds that they are looking to buy and sell, making it easier for investors to execute bond transactions.