Cowen Inc and Cowen Execution Services (collectively, Cowen) have launched an enhanced ADR Direct client portal, which is designed to provide institutional investors with improved access to the global ADR marketplace. Cowen’s ADR Direct platform and enhanced client portal allows
Collateral Exchange platform ColleX has executed its first T+0 triparty collateral loan, bringing improved efficiency to securities finance trading. The trade was conducted between Bank of America Merrill Lynch and ING Bank NV, with JP Morgan as collateral custodian; it
Intercontinental Exchange’s ICE Futures Europe Low Sulphur Gasoil contract achieved a daily volume record of 766,054 contracts on 1 November 2016. Volume in ICE Low Sulphur Gasoil-related contracts, such as the ICE Low Sulphur Gasoil/Brent Futures Crack and the ICE
London-based INTL FCStone Ltd’s Precious Metals Division is now a Direct Participant in the London Bullion Market Association (LBMA) Silver Auction, after having become a Direct Participant in the LBMA Gold Auction in April 2017. ICE Benchmark Administration (IBA) has taken
Trading volume in Cboe’s new Mini VIX futures totalled nearly 127,000 contracts during their first week. Read the full story at Institutional Asset Manager…
Euronext has completed the acquisition of circa 90 per cent of FastMatch, a forex-focused Electronic Communication Network (ECN), having secured regulatory and anti-trust approvals. This follows the announcement of 23 May 2017 on the signing of the agreement with the
Institutional trading network Liquidnet has enhanced its Liquidnet Virtual High Touch offering with the launch of Targeted Invitations for Algos in Europe, which allow buy-side traders to seek out additional block liquidity by sending actionable invitations within the Liquidnet community,
PEGAS, the pan-European gas trading platform operated by Powernext, registered a total volume of 131.2 TWh in October 2016, an increase of 21 per cent compared to the previous year (108.8 TWh). The strong result also included new records on
SimCorp, a leading provider of investment management solutions and services to the global financial services industry, has released version 6.2 of its front to back investment management solution, SimCorp Dimension. Resulting from SimCorp’s continuous investment of more than 20 per
Ipreo, a provider of workflow solutions and market intelligence to financial services and corporate professionals, has completed the first domestic fixed income new issue deal in Japan on IssueNet, the company’s fixed income syndicate connectivity software. The transaction was done
