The Securities and Exchange Commission has voted unanimously to propose rules further defining the terms “swap,” “security-based swap,” and “security-based swap agreement.” The Commission also proposed rules regarding “mixed swaps” and books and records for “security-based swap agreements.” The rules
Quod Financial, a provider of adaptive trading execution technology, has pre-loaded its Adaptive Smart Order Router with a library of trading algorithms for better execution and lower market impact. Ali Pichvai, chief executive of Quod Financial, says: “The days of
Ancoa has been selected to provide the first real-time market and trade surveillance platform for monitoring bitcoin options trading on LedgerX. Using the Ancoa platform, LedgerX will be able to instantaneously identify and investigate manipulative behaviors and suspicious trading practices on
Eurex Exchange is to list index futures based on the TA-25, Israel’s blue chip index, as of 9 June 2014. The TA-25 index is one of the most heavily traded regional equity indexes. Eurex Exchange’s TA-25 index futures will
Eze Castle Integration is expanding its collaboration with SunGard to provide the global hedge fund industry greater access to trading counterparties. UK-based firms will now have direct access to the SunGard Global Network (SGN) which connects with 150 trading venues
Merlin Securities, a prime brokerage services and technology provider for hedge funds and managed account platforms, has expanded its trading capabilities to include 24-hour international and domestic coverage. Troy Prince and John Perna will oversee the expanded trading desk.
Monday 28 April saw CME Group open the doors to its new London-based exchange: CME Europe. In conjunction with CME Clearing Europe, European traders are set to benefit from improved portfolio margining efficiencies by availing of the same clearing and
Orc Software, a provider of technology for advanced trading and connectivity solutions, has made its new interface available to the Singapore Exchange securities platform, SGX-ST. Orc’s new gateway completes the SGX offering, enabling its customers to trade all listed products
SmartPool, the European dark liquidity pool created by NYSE Euronext in partnership with HSBC, J.P.Morgan and BNP Paribas, has migrated to NYSE Euronext’s Universal Trading Platform. The Universal Trading Platform is a multi-market, multi-geography and multi-regulation exchange platform. It has
Gabelli Funds has completed the offering of a London Stock Exchange listed closed-end fund, The Gabelli Value Plus+ Trust (GVP), the firm’s first direct entry to the UK investment community. The fund invests in US equities, utilising Gabelli's fundamental, bottom
