Horizon Teams Up with Neo & Partners Global to Create Innovative Trading in Asia
- 8 years 3 weeks ago
- Trading Systems
Horizon Software, the leading global technology provider for electronic trading and investment management, today announced its collaboration with
Clearstream Reveals Cross-Border Settlement Solution
- 8 years 3 weeks ago
- Trading Systems
Clearstream, jointly with DekaBank, has developed a settlement solution that supports domestic settlement of DekaBank’s cleared trading activity on Euronext, tpREPO and BrokerTec across the markets of Belgium, France and the Netherlands. The model responds to an increasing market need for simplified cross-border settlement and contributes to current EU-wide efforts to harmonise practices across Europe's previously disparate post-trade... more
SpotOption Introduces New CFDs Platform, and MT4 Plug-In
- 8 years 3 weeks ago
- Trading Systems
Euro Excels RMB in Traditional Trade Finance
- 8 years 3 weeks ago
- Trading Systems
Since the launch of the first SWIFT RMB Tracker in November 2011, the RMB has shown stellar growth for payments, whilst RMB usage by value in traditional trade finance – letters of credit and collections – has been decreasing since 2014. The Chinese currency is now the third-most-active currency in trade finance, after the euro, with a share of 4.61%. Three years ago, the RMB was ranked #2 in trade finance with a share of 8.66%. Since October... more
Marcus & Millichap Launches Next Gen Brokerage Tool
- 8 years 3 weeks ago
- Trading Systems
Marcus & Millichap today announced the launch of its next generation proprietary brokerage tool, MNet-Offering, a web-based application designed to support sales agents in the most efficient creation of electronic and print materials, notably, offering memorandums and asset valuations that are critical to help clients in the investment decision-making process.
DTCC Adds Canadian Trade Reporting Capabilities to Its Global Trade Repository Service
- 8 years 3 weeks ago
- Trading Systems
The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, announces that its Global Trade Repository (GTR), through its locally registered trade repository, has added trade repository services for Newfoundland and Labrador. With this addition, GTR now supports all Canadian provinces and territories, with existing support for Alberta, British Columbia,... more
ICBC Singapore Opts for Thomson Reuters Electronic Trading
- 8 years 3 weeks ago
- Trading Systems
Industrial and Commercial Bank of China Limited (ICBC) Singapore Branch has adopted Thomson Reuters FX e-commerce solution Electronic Trading to strengthen its presence in the foreign exchange market. ICBC is the first Chinese bank to adopt this next generation solution from Thomson Reuters.
ICCREA Banca Taps Misys to Boost Transformation and Innovation Across its Trading Business
- 8 years 3 weeks ago
- Trading Systems, Risk Management
ICCREA Banca, a holding of the Iccrea Banking Group, has selected Misys FusionCapital to drive transformation and innovation across its Italian trading business. This new project provides front office and consolidated post-trade processes to improve straight through processing (STP) and improve risk management. Under the agreement, ICCREA Banca expects to reduce operating costs by €5 million over 10 years. The bank will also be able to extend... more
China Renaissance Goes Live with Fidessa’s Asian Trading Platform
- 8 years 3 weeks ago
- Trading Systems
Fidessa group plc has today announced that China Renaissance, one of the leading investment banking, securities and investment management firms in China, has implemented Fidessa’s Asian trading platform to support the expansion of its equities business across Asia with a centralised order management and execution system.
OpenLink Enhances Energy Trading Risk Management System at Mabanaft
- 8 years 3 weeks ago
- Trading Systems, Risk Management
OpenLink, the global leader in trading, treasury and risk management solutions for the energy, commodities, corporate and financial services industries, today announced the completion of a major upgrade of its energy trading risk management system at Mabanaft Ltd. The project was delivered on time and within budget, and will significantly reduce costs, increase automation and give Mabanaft Ltd greater granularity and control of its risk data.
Affin Bank Upgrades to IPC’s New IQ/MAX Touch
- 8 years 3 weeks 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 3 weeks 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 weeks 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 weeks 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 weeks 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
