LCH.Clearnet has launched its SwapClear Futures Commission Merchant (FCM) service. US interest rate swap (IRS) clients are now able to access this market leading service through any of the 12 FCMs already connected to the service. Six clients have cleared executed
FIX Protocol Limited (FPL), the non-profit, global, industry standards organisation that owns and develops the FIX Protocol messaging language, has issued best practices recommendations to support the trading of Credit Default Swaps (CDS) and Interest Rate Swaps (IRS). As Dodd–Frank
PerTrac has been recognised by industry publisher Hedgeweek as the “Best Risk Management Software Provider.” Global Fund Media, parent company of Hedgeweek, polled its 60,000 readers, including more than 20,000 institutional investors, and asked them to assess the best hedge
The Eurex KOSPI Product exceeded 500,000 traded contracts last Friday for the first time since its launch on 30 August 2010. Average daily volume has been increasing steadily, reaching more than 11,000 contracts in March 2011. On 18 January, Eurex
Global institutional trading network Liquidnet is planning to enter the fixed income market with its acquisition of bond trading platform Vega-Chi. The partnership, subject to regulatory approval, will combine Liquidnet’s experience, scale and global reach within the institutional investment community
Oslo Børs has upgraded Oslo Connect, its OTC derivatives MTF trading and price discovery system, to the latest version of Edge, which is provided by Baymarkets. Edge is the trading and registration platform used by exchanges, brokerage firms and banks
CUSIP Global Services (CGS), managed by S&P Capital IQ on behalf of the American Bankers Association, has launched the CGS Hedge Fund Service, which offers unique CUSIP identifiers for domestic and global hedge funds. Built in collaboration with eVestment Alliance, a
Advent Software, Inc has launched Tradex 4.0, the newest version of Advent’s industry leading solution for fund order management and distribution, in EMEA markets. Tradex is a web-based system that is easy to use, and allows firms that distribute funds
Advent Software, Inc has acquired Syncova Solutions Limited, a privately held UK-based company that provides margin management and financing software to hedge funds and prime brokers. Under the terms of the agreement, Advent has acquired all of the outstanding capital
Newedge has expanded its extensive Financial Information eXchange (FIX) connectivity network to include the Johannesburg Stock Exchange’s (JSE) derivatives markets. Newedge clients can now immediately access the JSE’s widely traded FTSE/JSE Top 40 Index futures contract, as well as select
