Credit Suisse Benefits from FIS Derivatives Utility
- 8 years 3 weeks ago
- Derivatives and OTC Derivatives
Credit Suisse, a leader in the global cleared derivatives industry, has selected the Derivatives Utility from FIS for its post-trade futures and cleared over-the-counter (OTC) derivatives operations and technology.
Bloomberg Launches the Entity Exchange Platform
- 8 years 3 weeks ago
- Trading Systems
Bloomberg unveiled the Entity Exchange platform, a web-based, centralized and secure solution that enables buy-side firms to provide entity data and documentation to their trading counterparties. Entity Exchange eases the process of opening new trade accounts for the buy-side, while also helping brokers satisfy Know-Your-Customer (KYC) compliance requirements.
Object Trading DMA Platform Available at TMX Group’s Co-Location Centre for Montréal Exchange Access
- 8 years 3 weeks ago
- Trading Systems, Foreign Exchange
Object Trading, a provider of a multi-asset trading infrastructure, expands its Direct Market Access (DMA) Service Platform by announcing today that fully managed services are now available at TMX Group’s co-location centre for access to the Montréal Exchange (MX). This expansion provides flexibility for the buy-side and sell-side, in response to the sell-side experiencing mass retrenchment while exchange volumes increase.
OpenLink Enhances Bayerische Landesbank’s Multi-Asset Trading and Risk Management System
- 8 years 3 weeks ago
- Trading Systems, Risk Management
OpenLink, the global leader in trading and risk management solutions for the financial services, corporate, energy, and commodities industries, announced today that it has delivered a complete upgrade of Bayerische Landesbank’s multi-asset trading and risk management system in just four months.
HKEX and Thomson Reuters Team Up for the Creation of New Index Series
- 8 years 3 weeks ago
- Trading Systems, Foreign Exchange
Hong Kong Exchanges and Clearing Limited (HKEX) and Thomson Reuters signed an agreement for the creation of a new series of Renminbi (RMB) indices. The new index series will give the world benchmarks that reflect the development of the RMB's effective exchange rate against other major currencies and are designed to be transparent, tradeable and compliant with the International Organisation of Securities Commission's principles for financial... more
Mediatrix Reports Next-Generation Trading Systems Upgrades
- 8 years 3 weeks ago
- Trading Systems
Mediatrix Capital has released two major system upgrades to its algorithmic trading navigators trading spot Gold, Silver and Currencies. The Precious Metals System now includes spot trading of Gold, Silver, Palladium and Platinum.
Federal Republic of Germany Joins Markit Trade Management Service for OTC Derivatives
- 8 years 3 weeks ago
- Trading Systems, Trade Finance
Markit announced that the Federal Republic of Germany (the Bund), through the Federal Republic of Germany - Finance Agency GmbH (Finance Agency) acting as the central service provider for the country’s borrowing and debt management, is one of the newest customers of Markit Trade Manager. The Bund will use Trade Manager to automate post trade processing of OTC derivatives positions, including managing the workflow it requires as a member of the... more
OpenFin Boosts London Team
- 8 years 3 weeks ago
- Trading Systems, Transaction Banking, Securities Services
OpenFin, the financial industry's leading provider of HTML5 runtime technology, expanded its global management team with two senior appointments in London. Cecilia Harvey joins OpenFin as Director of Account Management. Leigha Ruiz assumes the role of COO Europe. The new appointments will enable OpenFin to scale as it continues its rapid growth with deployments at 44 sell-side firms and over 250 buy-side firms.
Allegro Named Energy Trading and Risk Management Software House of the Year
- 8 years 1 month ago
- Trading Systems, Risk Management
Allegro Development Corporation, a leading provider of commodity management software, announced today that Energy Risk Magazine’s editorial board selected Allegro as the Energy Trading and Risk Management Software House of the Year for 2015.
SIX Financial Information France SA Functional Retractions
- 8 years 1 month ago
- Trading Systems
SIX Financial Information France SA announces an integration plan to fully align the unit with the global functional structures of SIX by the end of this year, as well as other strategic measures. This will allow SIX to strengthen the French organization and to increase its competitiveness. If the integration plan is approved by the French labor authorities, the integration will lead to a staff reduction in France accompanied by a social plan.
Infront Provides Access to the Freedom Indexes on its Trading Terminal
- 8 years 1 month ago
- Trading Systems
Infront, provider of modern terminals for global market data, analytics and trading, today announced the inclusion of indexes provided by the Freedom Index Company within the Infront terminal. With the integration, the independent Freedom indexes are made available for benchmarking on the Infront market data terminal combining flexibility, speed and cost efficiency.
Trayport Unveils Market Dynamics Report
- 8 years 1 month ago
- Trading Systems
2016 continues to be a year of bucking the trend, with April volumes higher than March for the first time since our records began in 2011. Weather seasonality affects prices and volumes in the Euro Power and Gas markets covered in this report. In general April tends to be the start of spring with warmer weather across the continent. This year we saw April recording temperatures lower than usual, resulting in rising prices and increased... more
CSE Benefits from Itiviti's Multi-Protocol Automated Testing Solution
- 8 years 1 month ago
- Trading Systems, Infrastructure
Itiviti, a world-leading technology provider for the capital markets industry, today announced that the Canadian Securities Exchange (CSE) has engaged Itiviti to implement a test automation solution that leverages VeriFIX by Itiviti. This project is a significant example of Itiviti’s leadership and expertise in consolidated, automated testing for multi-protocol trading environments. The CSE, The Exchange for Entrepreneurs®, offers trading... more
Macquarie Group Joins Nasdaq International Designation
- 8 years 1 month ago
- Trading Systems
Nasdaq announced that Macquarie Group, a leading provider of financial, advisory, investment and funds management services based in Sydney, Australia, is the latest company to join the Nasdaq International Designation. Through its membership, Macquarie will have access to Nasdaq's investor relations services and unparalleled visibility assets to increase awareness with investors for their U.S.-traded Level 1 ADRs.
Greek Companies to Get Support from Alpha Bank, Eurobank and KKR
- 8 years 1 month ago
- Trading Systems, Banking, Infrastructure
Alpha Bank, Eurobank and KKR Credit have reached a binding agreement today by which the banks agree to assign the management of credit and equity exposures to a selected number of Greek companies into a platform managed by Pillarstone. Subject to final Board approval, the European Bank for Reconstruction and Development (EBRD) is considering co-investing in partnership with KKR and the banks.