June 11, 2018
It’s time for a re-think if banks are to get the best out of the technology that underpins their global equities trading.
June 4, 2018
The ARQA OMS is fed with fast, normalized high quality global market data provided by QuantHouse and is hosted at the QuantHouse data centre in London. Hosting within the QuantHouse data centre enables the ARQA OMS to be used as a service, on demand and simplifies connectivity to those exchanges and execution brokers that are already members of the QuantHouse ecosystem.
June 4, 2018
SmartStream Technologies, a financial Transaction Lifecycle Management solutions provider, announced the launch of the next phase of its innovations team, who are working with financial institutions to optimise workflows, using Artificial Intelligence (AI), Machine Learning (ML) and blockchain technologies, in the areas of reconciliations, cash management and fees and expense management.
April 23, 2018
Markets Media Group is pleased to announce the acquisition of GlobalTrading, a leading publication and forum for the electronic trading industry.
April 6, 2018
Quantitative Brokers (QB), an independent provider of advanced algorithms and data-driven analytics to clients in the Futures and US Cash Treasury markets, announces a partnership with CQG, a global provider of high-performance trading, market data, and advanced technical analysis tools, to offer QB’s suite of premium execution algorithms on CQG’s platform.
April 4, 2018
Finexpo, which organizes many financial events worldwide, has introduced another big event into its Traders Fair series – Singapore Traders Fair. It will take place on October 26, 2018 at Suntec Singapore Convention & Exhibition Centre.
March 12, 2018
Singapore Exchange (SGX) and FinTech firm Smartkarma today announced a partnership to roll out the C-Suite Pilot Program, a cloud-based platform that will enable SGX-listed companies to streamline their communication and data reporting to the institutional analyst and investor communities.
March 8, 2018
MarketAxess and BlackRock are expanding their Open Trading, an all-to-all trading marketplace, alliance into the Asian credit markets. BlackRock and its Aladdin community of approximately 90 asset managers will have the benefit of streamlined access to MarketAxess’ expanded liquidity options and data products through the Aladdin platform
February 7, 2018
The changes will be made after a readiness test scheduled for the early second quarter of this year and the final regulatory approval. They are expected to be introduced before the end of the second quarter.
February 1, 2018
The report, “The Electronic Trading Landscape in 2018”, finds that the share of total U.S. institutional equity trading volume executed via algorithmic trades and crossing networks have leveled off at about 35% and 9%, respectively.
January 31, 2018
Quantitative Brokers (QB), an independent provider of advanced algorithms and data-driven analytics for futures and U.S. cash treasury markets, enhanced its premium execution algorithms and introduced a new trade simulation tool on the Bloomberg App Portal.
January 30, 2018
Low latency trading firms looking to access key equity, derivatives and FX markets can now choose TNS as it expands its Managed Hosting, Co-Location and Connectivity Service to New York and Chicago.
January 30, 2018
Exactpro Systems announces that it was engaged by Astana International Financial Centre (AIFC) to deliver functional and non-functional testing for Astana International Exchange (AIX), the nascent new high-tech exchange platform in Kazakhstan.
January 29, 2018
Smartkarma, a provider of independent investment research in Asia, today announced the opening of its New York City office, headed by 30-year industry veteran Warren Yeh.
January 29, 2018
FlexTrade announces the integration of the BestX trade analytics solution for FX within its FlexTRADER EMS. With a fully interactive interface, users can use BestX to analyse their FX executions in real-time, delivering transparency to enable better decision making whilst meeting the needs of MiFID II compliance for FX trading.
January 24, 2018
Hong Kong Exchanges and Clearing Limited (HKEX) plans to implement Hong Kong’s biggest listing regime reform in 25 years to provide issuers and investors with a wider range of choices, enhance its market infrastructure with major trading system changes, and work to bolster its risk management at lower overall costs to the market.
January 24, 2018
FIX Trading Community, the non-profit, industry-driven standards body at the heart of global financial trading, today announces the release of the FIX-over-TLS (FIXS) standard and guidelines to assist users of the FIX Protocol meet certain security requirements.
November 28, 2017
The launch of this new simplified service coincides with the launch of the Japanese Yen denominated Tokyo stock price index (TOPIX) futures on the CME. JPX-Chicago Co-Location Direct will provide a low-latency and efficient interconnection between Asian and US markets.
November 28, 2017
The proposed combination of Swedish based Itiviti, a global leader in trading software for banks and trading firms, offering the full spectrum of sell-side capabilities and ULLINK, a best in class platform for cash equity and derivatives trading solutions, is intended to create a world-leader in capital markets technology.
November 15, 2017
The FIX MiFID Commission Unbundling Working Group, in conjunction with the FIX Global Post Trade Working Group, has worked on producing a document that provides guidelines for pre-trade and post-trade representation of commission components for all asset classes, using the FIX Protocol.
November 13, 2017
InvestEdge, a provider of innovative financial advisory solutions, announces a partnership with FIX Flyer to add order management and routing to its portfolio management system with the Flyer Trading Network and Order Management System.
October 31, 2017
The Block Collider is the first blockchain to be built on the Financial Information eXchange (FIX) protocol which is used by hedge funds to conduct high frequency trading.
October 18, 2017
The objective of this document is to provide guidance to entities regulated by MiFID II on how to populate the reports required under MiFID II RTS 27 and RTS 28 with the appropriate data in a compliant and consistent manner.
October 17, 2017
NEX Optimisation, which helps clients reduce complexity and optimise resources across the transaction lifecycle, announces today that Baton Systems, a high-speed payments infrastructure provider, has joined NEX Infinity as the first third party to provide its services through the platform.
October 16, 2017
Fidessa announced that it has extended its existing relationship with ABN AMRO Clearing Bank to allow the global clearer to distribute Fidessa’s derivatives EMS.
October 9, 2017
Eurex Clearing, one of the world’s leading Central Counterparties (CCP) and part of Deutsche Börse Group, has developed a partnership program designed to further accelerate the development of a liquid, EU based alternative for the clearing of interest rate swaps.
October 3, 2017
FlexIOI is a new framework for IOI distribution embedded into the FlexTRADER EMS and provides seamless, one-click or no-click interaction with IOI liquidity directly from the trading blotter.
September 27, 2017
SEB, the Nordic financial services group, and Nasdaq have announced a joint project to test a developed prototype for a mutual fund trading platform based on blockchain technology.
September 20, 2017
GBST, a global provider of technology services to the financial services industry, releases a White Paper which provides a roadmap for the Capital Markets industry to navigate growth in post-trade automation.
August 1, 2017
New website launched with new URL.
July 25, 2017
Nasdaq announces that it has entered into a definitive agreement to acquire Sybenetix, a leading surveillance provider that combines behavioural analytics and cognitive computing with financial markets expertise. Sybenetix’s technology offering is designed to solve key surveillance challenges facing the asset management industry.
July 20, 2017
US and European institutional traders say that “sourcing liquidity” is the most important factor when selection a trading venue, according to a Fixed Income Institutional Voice Survey, by Liquidnet, a global institutional trading network.
July 13, 2017
The commodity derivatives ancillary test is easily one of the most complex pieces within MiFID II, making the double volume cap in equities look more like an amuse-bouche, writes Fidessa.
July 11, 2017
To help firms comply with MiFID II requirements, QuantHouse has launched an algo-trading stress testing solution. It is hosted at Interxion in London, which means that firms using algos as part of their operations can connect to the algo stress testing platform via a single cross connect.
July 6, 2017
FIX Flyer’s Market Data Handlers and Order Routing Gateways are being rolled out by both clients and exchanges. After initial rollout of BIVA and BMV market data, brokers will begin to offer best execution capabilities to their clients via state-of-the-art tools including market surveillance and smart order routing algorithms.
July 3, 2017
An event was held at the Exhibition Hall of Hong Kong Exchanges and Clearing Limited (HKEX) to celebrate the successful launch of Bond Connect, a mutual bond market access programme between Hong Kong SAR and Mainland China with Northbound trading link initially and Southbound trading link to be added later.
29 June, 2017
The Algo Ranking Model profiles every order to rank execution strategies in real-time according to order characteristics, trading objectives, market conditions, and performance targets.
June 13, 2017
Thomson Reuters and Symphony Communication Services, LLC have joined forces to foster open collaboration and information sharing across the financial services industry. Market participants will be able to seamlessly share Eikon objects such as charts, news and data via Symphony’s messaging and collaboration platform.
June 9, 2017
HKEX Chief Executive Charles Li explains how Bond Connect will work and its benefits for Hong Kong, the Mainland and the international investor community.
June 8, 2017
If you’re planning to attend any kind of seminar on what you need to do for MiFID II over the next few months, forget it, you’re simply too late, writes Steve Grob, Director of Group Strategy at Fidessa.
May 30, 2017
Financial technology provider IRESS and ITG, a leading agency broker and financial technology firm, today announced a faster and more comprehensive analysis of trading costs for mutual clients.
May 24, 2017
IPC Systems, Inc., a leading global provider of secure, compliant communications and networking solutions for the financial markets community, announces a collaboration with OneAsia, a provider of connectivity, datacenter, managed cloud and technology infrastructure services in Asia, to equip investors around the world with the connectivity and technology critical for reliable, secure participation in the Chinese financial markets.
May 24, 2017
RSRCHXchange, a MiFID II research solution and marketplace for institutional research, announces a partnership with CorpAxe, a market-leading solution for corporate access management (inclusive of commission management, broker vote and regulatory compliance), to make research consumption data available to mutual buy-side customers.
May 9, 2017
Flyer announces the launch of CertiFlyer, a solution that dramatically reduces the time to certify trading partners over FIX connections.
May 5, 2017
The Flyer Trading Network continues to expand in the EMEA region with several new anchor clients. Supporting FIX, formatted files, and API connections, Flyer aims to make it simple to connect any workflow or asset class with over 100 broker and ECN destinations.
April 25, 2017
Itiviti, a world-leading technology provider for the capital markets industry, announces the launch of Itiviti MiFID II Certification Solution, designed to facilitate onboarding and re-certification efforts for FIX protocol order flows, as required by the updated European market regulation.
April 24, 2017
Plato Partnership and Turquoise announce their intention to develop a mechanism that allows users to call a liquidity event for less liquid securities, including small and medium-sized enterprises. The proposed “Event on Demand” (EOD) mechanism will operate within the existing Turquoise Plato Order book, thereby minimising implementation costs for users. It is anticipated that buy-side firms, via Turquoise members, will be able to initiate an EOD to advertise liquidity for a minimum time-period for SMEs, providing a facility for increased trading in these businesses as they grow.
April 13, 2017
FIX Flyer, a leading financial technology company providing electronic trading software and services, announces Bolsa de Comercio de Santiago (BCS), Chile’s leading exchange, deployed Flyer’s Daytona Trade Monitor in conjunction with the Exchange’s next generation HT Trading Platform.
April 11, 2017
Nasdaq, Inc. announces a new agreement with Hong Kong Exchanges and Clearing Limited (HKEX) to upgrade the technological infrastructure of Hong Kong’s main derivatives market, including trading, clearing and real-time risk management technologies. The agreement also extends the existing relationship for an additional five years. HKEX and Nasdaq have been technology partners since 1994.
April 6, 2017
Trading desks believe that changes in complaint handling and trading obligations are the two factors of MiFID II set to have the biggest impact on their role, according to a WBR Digital & TradeTech survey of 150 Head Equity Traders based in Europe.
The full results were compiled, anonymised and presented with analysis and commentary from Ullink and the TradeTech research team.
April 5, 2017
Fidessa group plc announced that Sinolink Securities (Hong Kong) Co Ltd., a wholly-owned subsidiary of Sinolink Securities Co Ltd., has implemented Fidessa’s trading platform for its international equities business.
Sinolink is listed on the Shanghai Stock Exchange and headquartered in Sichuan with extensive business operations across China. It provides comprehensive brokerage services in securities, funds, bonds and warrants, as well as a range of investment and asset management services.
March 29, 2017
Hundsun Technologies, China’s leading supplier of financial software and network services, and Ullink, the global provider of connectivity and electronic trading solutions, today announced that Hundsun entered into an exclusive agreement with Ullink to connect its user community to the NYFIX Marketplace, Ullink’s international trading network.
March 27, 2017
It’s rare to have a serious FIX initiative without some specific business driver. FIX infrastructure is never upgraded just for the sake of it; in addition to operational risk, there is opportunity cost, be it in man hours or budget dollars. Understanding the business need for the change underlies every aspect of the process.
March 21, 2017
As the market approaches MiFID II implementation, the focus on good governance and due process is paramount for market participants. The PLIAPlato collaboration centres on this, with PLIA allowing end users to raise their standards and better understand counterparty risk, which in turn strengthens the best execution process in the market.
March 14, 2017
Pairing of FIX Engine with Open Data Movement Enables Very High Throughput with Deterministic Latency
Solace, the leading provider of open data movement technology, and FIX Flyer, a leading provider of securities trading technology, announced today a joint solution that helps asset managers, broker dealers, exchanges, and proprietary trading shops improve the performance and predictability of their FIX-enabled trading platforms. A leading regional broker in Latin America has been using the joint solution in production for a year, and several broker dealers are evaluating the solution.
March 9, 2017
FIX Flyer LLC, a leading provider of trading infrastructure and FIX connectivity, is pleased to announce that the Australian Securities Exchange (ASX) has selected, and successfully deployed, Daytona Trade Monitor software to rapidly conformance test their customers’ FIX Trading and Market data connections on their New Trading Platform.
FIX onboarding has traditionally been a significant and inescapable time sink, draining resources from already taxed operations teams. ASX was able to leverage Daytona to substantially automate the process while maintaining confidence in the scope of coverage.
8th – 10th November 2017, Barcelona
Fairmont Rey Juan Carlos
The Only Meeting Place For The Most Influential Buy Side Heads Of Fixed Income Trading And Portfolio Management
As the only conference to bring together 300+ of the most influential heads of fixed income trading and portfolio management, walk away having benchmarked your department with those leading the way. If you are serious about making your fixed income business truly world class, then you do not want to miss this unique learning and networking opportunity. View the agenda
New York and London, 11th May 2016 – Synechron, Inc., a global consulting and technology innovator in the financial services industry, today announced the acquisition of Hatstand, a global financial services consultancy and capital markets specialist. This acquisition further builds Synechron’s consulting capabilities for world-leading financial institutions in key areas such as cybersecurity, market data and risk and regulatory compliance.
Synechron is focused on creating the financial services industry’s leading consulting and technology organization; an organization that is able to define and deliver solutions that address the most vexing business challenges brought about by a wave of new technologies. Synechron is helping global financial firms leverage innovations such as artificial intelligence, blockchain and digital. Hatstand’s capabilities bolster this vision by deepening Synechron’s existing consultancy services while adding data management expertise.
Seismic shifts in the fixed income market coming from regulatory reforms, market structure transformation, and e-trading innovation are completely changing the rules of the game.
The traditional roles of the buy-side, sell-side and trading venues are being challenged, and a result, market participants are having to adapt and look at new and innovative ways of trading.
This survey was completed by 100 senior buy-side fixed income professionals made up primarily of Heads of Fixed income Trading, CEOs and senior management from leading asset managers and hedge funds based in North America.
It’s an exciting and transformational time at IPC.
We are launching a new brand identity and website as we usher in a new era of ‘Connecting Opportunities’ and serving the Global Financial Markets community. The rebrand follows the acquisition of Etrali Trading Solutions earlier this year and reflects our enhanced strategic focus on compliance and regulatory adherence, the financial markets community, and productive communications.
Join them at TradeTech Europe this April (12th – 13th) in Paris, and be the first to benefit from the freshest strategies of 2016.
Start by downloading the TradeTech Agenda here
Global Initiative Unites Clients, Celebrities and Employees to Support Children in Need
New York – February 2, 2016 – BTIG, LLC, a global financial services firm specializing in institutional trading, investment banking, research and related brokerage services, announced today that it will host its 14th annual BTIG Commissions for Charity Day on Tuesday, May 10, 2016. The event will take place across BTIG’s 14 global locations including its U.S. offices and affiliate office locations in London, Edinburgh, Hong Kong, Singapore and Sydney.
Newly combined company delivers financial markets participants proven capabilities in compliance and communications
JERSEY CITY, N.J., Feb. 3, 2016 /PRNewswire/ — IPC Systems, Inc. (IPC), a leading provider of global communications solutions and software for the financial services community, today announced it has completed its acquisition of Etrali Trading Solutions (Etrali), a leader in compliance and unified communications solutions. The new organization offers customers an innovative suite of compliance products, enhanced capabilities in agile network services, advanced communications software, an unparalleled global network community, and an experienced talent base dedicated to service excellence.
Market leaders Orc Group and CameronTec Group unite and create Itiviti, a new force in trading software and services for the global capital markets.
Stockholm, SWEDEN, February 2, 2016 – The management of Itiviti AB today introduced a newly named company and brand, marking the completion of the previously announced unification of Orc Group, a global market leader in electronic trading technology for listed derivatives and CameronTec Group, the global standard in financial messaging infrastructure and connectivity. Itiviti holds market leading positions in several areas from the outset, and the combination significantly expands the customer proposition for banks, brokers and trading firms.
Itiviti will continue to build partnerships with its customers, using the natural fit between Orc and CameronTec to launch a new and even more powerful portfolio: fully modular, transparent and flexible solutions for end-to-end trading, routing, connectivity and risk.
Paul Warhurst joins Simone Turtle as Asia Pacific PT specialists, reporting to regional Head of Trading Dion Cooney
ITG, a leading independent execution broker, announced that it is expanding its Asia Pacific program trading team in response to growing client demand for agency-only PT execution. Paul Warhurst joins ITG in Hong Kong and will work alongside PT trading specialist Simone Turtle. He joins from HSBC Securities where he worked as a cash equity and program trader.
Recent headlines have brought to light various cases of market manipulation – specifically, spoofing. What is spoofing and why has it become such a large focus for regulators on a global scale?
Join Nasdaq for a webcast as they explore:
- What is spoofing and why is it in the regulatory spotlight?
- What actions are regulators taking to help mitigate this type of market manipulation?
- How can you better equip your firm to identify and prevent spoofing?
- Walk-through the trading pattern in a recent high-profile layering case
Registration link: http://qnasdaqomx.com/Spoofing-Webcast
22-23 March – ETC 155 Bishopsgate, London Following years of success in Chicago and New York, The Trading Show event series has grown to serve as a platform for Wall Street legends like Blair Hull to share their knowledge and insights with the algorithmic trading community.
Now, we’re officially bringing the party back to London and co-locating the successful Trading Show brand with our 11th annual World Exchange Congress.
The program will be a mix of unusual, out of the box keynote presentations, Heads of Trading from the biggest European buy and sell side organisations and contributions from the most forwarding thinking and innovative technology providers.
The Trading Show 2016 will offer you the perfect opportunity to meet, network and do business in a fun and inspiring environment.
22-23 March – ETC 155 Bishopsgate, London –
Over the past decade, the World Exchange Congress has seen attendance from CEOs from virtually every exchange and trading venue in the world with all regions and continents represented. In 2016, the congress continues to be viewed as the unofficial AGM of Exchanges and the most significant date on every exchange executive’s diary.
2016 core topics running through the programme are the growth of financial centres, market integrity and finding ways to succeed through innovation. The event will focus on the most critical future trends affecting exchanges like cyber security, crowd funding, bitcoin, big data, crypto currency and post-trade automation.
The World Exchange Congress will give 300+ attendees from across the world the opportunity to harness the latest innovations, overcome their biggest challenges and be inspired to drive their organisations forward.
18th November 2015 – SR Labs, a global leader in enterprise grade market data and trading technologies, has announced the hiring of Rob Lane as Head of European Sales, Business Development and London General Manager. Rob joins SR Labs with extensive knowledge in market data, electronic trading and managed services. Prior to SR Labs, Rob Lane worked for Interactive Data for over 19 years where he held numerous positions.
Chicago, Thursday 22 October 2015 — CameronTec Group, the global standard in financial messaging infrastructure and tools for the Capital Markets industry, today announced plans to expand its offering to include global managed services, headed by newly appointed former Managing Director and Head of Connex at Convergex, George Rosenberger.
FIX offering Former BNP Paribas pair Petr Postulka and Jaromir Satanek, founders of DET Technologies, will also join Rapid Addition as part of the acquisition to lead its software development function.
8th October 2015, London: Rapid Addition, a leading provider of trading technology has entered an agreement to acquire the business, assets and employees of DET Technologies, a provider of low latency hub and monitoring software to support electronic trading. The acquisition will deliver a world leading, real-time platform for buy- and sell-side financial institutions.
Stockholm, SWEDEN, Wednesday, October 14, 2015 – Orc, a global market leader in electronic trading technology, today announced that Cidron Delfi S.à r.l*, the owner of Orc Group Holding AB and CameronTec Intressenter Holding AB, the global standard in financial messaging infrastructure and tools for the capital markets industry, intends to combine both companies under a new entity.
Delivering powerful new tools, performance and enhanced security
New York, US 10th September 2015. FIX Flyer, a leading provider of electronic trading software to top financial firms and the global capital markets, maintains its status at the forefront of the FIX technology evolution by delivering ZeroGC, which eliminates performance spikes while reducing overall latency. ZeroGC is the result of two years of research and development with partners and clients. Flyer’s lead is increased with the full certification of Java 8, which offers significant performance and security features over previous versions.
Jersey City, NJ – 10 September 2015 – IPC Systems, Inc. (IPC), a leading global provider of specialized communications solutions for the financial services community, today announced that it has made a binding proposal to combine the businesses of IPC and Etrali Trading Solutions (Etrali), a leading provider of compliance and unified communication solutions.
Fixed Income Leaders Summit – Europe’s only meeting place for the most influential Buy Side Heads of Trading for bonds & derivatives is taking place this October 13th – 15th October in Barcelona.
Last year, 120 senior fixed income buy side professionals attended for two days of intensive networking and benchmarking in sunny Barcelona. With a buy side heavy audience and the top buy and sell side firms all under one roof at one time, totaling 400 delegates on site.
It can be hard to justify the time away from your desk and the cost of attending but put simply here is why you need to be at the Fixed Income Leaders Summit this October
- Learn from 50+ buy side thought leading speakers to bring you more practical tips on how to successfully adapt your trading operations to capitalise on the new landscape
- Join 16 small group interactive formats to allow you to fully delve into your biggest fixed income challenges and source proven solutions
- Choose from 32 solution focused sessions to leave no stone unturned when addressing your biggest fixed income trading pain points
- Attend an extra day dedicated to evaluating the most innovative platforms with your buy side peers to transparently compare their unique selling points
- Meet and network with 200+ buy side attendees to offer you the opportunity to benchmark with more of Europe’s largest fixed income money managers
- Book online and save 15% as a subscriber of Global Trading Journal- simply quote “GTJ15” when booking online
Book today to be a part of these important conversations and to ensure your place at the most important meeting for fixed income leaders in the Europe.
Website Address: www.fixedincome.wbresearch.com