Crédit Agricole CIB has partnered with Orchestrade Financial Systems, a capital markets technology platform for cross-asset trading and risk management, to overhaul its interest rate derivatives and FX Forwards trading operations. Crédit Agricole CIB is the first major bank to
LiquidityBook’s SaaS-based LBX Buyside POEMS (portfolio, order and execution management system) has been selected by three West Coast hedge funds – Pier 88 Investment Partners, Zeo Capital Advisors and Solstein Capital. Deployed by each firm in late 2016, the LBX
BT is linking up the world’s five main foreign exchange (FX) locations to help boost the competitiveness of its global financial industry customers. The company is now offering BT Radianz FX express, dedicated high-speed links between financial hubs in the
Nasdaq and Borse Dubai have signed an agreement to bolster the technological infrastructure of Dubai’s stock exchanges, Dubai Financial Market (DFM) and Nasdaq Dubai, and improve post-trade practices. DFM has been a Nasdaq Market Technology client since its inception in 2000.
A new record volume has been set in futures contracts on the CBOE Volatility Index (VIX Index) traded in non-US trading hours, with an estimated 263,663 contracts changing hands. This record surpasses the previous single-day record of 235,141 contracts set
Abel Noser Solutions has launched a trade surveillance product for compliance officers of broker-dealers, investment advisers and exchanges. The product comes on the heels of a limited pre-release to select clients. Compliance+ is a proprietary software solution that enables
Counterparties have eliminated USD1 trillion in gross notional value from their outstanding FX forward and swap portfolios using CLS Group and TriOptima’s triReduce CLS FX Forward Compression Service. The triReduce CLS FX Forward Compression Service offers regular compression cycles to
Nearly half (45 per cent) of institutional investors say that have lost money by missing a trading opportunity due to an incorrect event date, with forty per cent suffering five-figure losses and several reporting missing out on millions of dollars.
PEGAS, the pan-European gas trading platform operated by Powernext, is to introduce time spread contracts on its futures markets on 24 January. The new products will be available through the Trayport Global Vision trading platform, as well as the straight
Block-focused alternative trading systems (ATS) face challenges in gaining and sustaining liquidity, according to a report by TABB Group. In October 2016, the Financial Industry Regulatory Authority (FINRA) began a monthly initiative releasing new data on block liquidity in ATS.
