News Archive

The London Stock Exchange (LSE) today announced plans to introduce a post-trade order router, called X-TRM, that will facilitate competition between clearing services. read more>

Fidessa LatentZero, a provider of front-office software to buy-side traders, has partnered with Pipeline Trading Systems to enable clients of its order and execution management system (OEMS), Minerva, to realise institutional trading efficiencies without risking blotter information leakage, according to Fidessa LatentZero. read more>

Euroclear Bank is to significantly improve its operational service levels for clients located in the Asia-Pacific region, the firm announced Tuesday. The service improvements, centred in Euroclear Bank’s Hong Kong office, will also benefit clients around the world that settle and hold Asia-Pacific securities at Euroclear Bank, says the firm. read more>

Reuters has launched a new service that enables banks, hedge funds and other buy-side institutions to access its wholesale foreign exchange price matching community via a prime brokerage model. read more>

TABB Group, the financial markets research and strategic advisory firm focused solely on capital markets, has promoted Adam Sussman to director of research from his previous position as senior research analyst. read more>

SEI, a provider of outsourced asset management, investment processing and investment operations solutions, has been selected by Graham Capital Management (Graham), an investment manager within the alternative investment industry, to provide operations outsourcing services for the firm’s multi-billion dollar, multi-strategy hedge fund range, which includes hedge funds, managed accounts and proprietary vehicles. read more>

The International Securities Exchange (ISE) announced on Wednesday that the ISE Stock Exchange set a new daily trading volume record of 145.1 million shares on 22 January 2008, surpassing the previous record of 115.7 million shares set on 19 September 2007. read more>

Investment Technology Group (ITG), a provider of technology-based trading services and transaction research, announced on Thursday it is introducing its Triton execution management system (EMS) for the Asia-Pacific region. read more>

Derivatives solutions provider SuperDerivatives announced Tuesday that Nordea, a Nordic bank, is to use its derivatives market data to calculate market values and risk. read more>

Turquoise, a multi-lateral trading facility (MTF) established by nine European investment banks, today announced that it is partnering with Progress Software and Detica to deliver a real-time market surveillance system. read more>