BlackRock and MarketAxess have formed an alliance to create a unified, open trading solution in the US credit markets. The alliance between BlackRock’s Aladdin Trading Network (ATN) and electronic credit trading specialist MarketAxess is designed to help reduce liquidity
State Street Corporation has expanded its end-to-end derivatives solution to include an execution platform for the trading of derivatives products. The launch of this swap execution facility (SEF), SwapEx, coincides with the 2012 implementation of significant regulatory changes in the
Moscow Exchange and Eurex, the derivatives arm of Deutsche Börse Group, have signed a cooperation agreement for the trading of foreign exchange (FX) derivatives. Through this new element of the partnership between Deutsche Börse and Moscow Exchange, Eurex Exchange
Commerzbank and Clearstream have teamed up to offer their clients increased efficiency and reduced risk to cleared and uncleared OTC derivative transactions. The new TradeCycle service will be launched in Q4 2013 and is the first integrated service of
BCS Prime Brokerage, the international arm of the largest trader of equities and derivatives on the Russian exchange, has appointed Succession Systems to launch a pre-trade Market Access risk system, TripleCheck. The system delivers ultra-low latency risk management for
More than 600,000 trades have been submitted to clearinghouses by MarkitSERV in the period between 11 March, when the Commodity Futures Trading Commission made clearing of certain over-the-counter (OTC) derivatives mandatory, and the end of July. MarkitSERV is the
7Hedge has launched exclusive FX services structured to provide clients in developing FX markets with dedicated access to an institutional network of Tier-1 solutions, previously reserved for global conglomerates. Delivering foreign exchange turnkey solutions for its clients to match,
A total of 146 million contracts were traded on the Eurex international derivatives exchange in October, a year-on-year increase of 22 per cent from 119 million contracts in the same month
Options, the private financial cloud provider for the capital markets industry, has further expanded its connectivity to a number of key trading venues, in addition to adding a number of new data feeds to the Options PIPE Platform. These
Data connectivity between the Depository Trust & Clearing Corporation (DTCC) Data Repository (DDR) and TriOptima’s triResolve portfolio reconciliation service, first announced in June, is now live and operational. The service, which enables the reconciliation of OTC derivatives trades reported
