SmartStream Technologies’ TLM Trade Process Management solution, which addresses the post-trade allocation, confirmation, clearing and settlement processes, now fully supports SWIFT’s Global Electronic Trade Communication (GETC) solution. GETC uses well established SWIFT ISO 15022 messages to provide a standardised
New listing rules for equities and investment funds have been issued by the Cayman Islands Stock Exchange (CSX) as a further development of its upgrade to the Deutsche Boerse’s Xetra trading platform. Existing rules have been refined based on
NYSE Euronext has unveiled new strategic pricing for equities transactions on the New York Stock Exchange and electronic market NYSE Arca that utilises the unique attributes of its market
International derivatives exchange Eurex reports that 175.1 million contracts were traded in August, a rise of 64 per cent year-on-year (August 2006: 107 million).
FIX Protocol Ltd, the non-profit, industry-driven standards body for global financial trading, has changed its name to “FIX Trading Community”. A new website has also been created as a platform where the global FIX community can meet and exchange
Warsaw Stock Exchange (WSE), the largest exchange in Central Europe, and Aquis Exchange, the proposed pan-European equities trading exchange, have entered into agreement to form an alliance. Under the terms of the agreement, WSE will acquire shares representing 30
BCS Prime Brokerage has launched the fastest ultra low latency data line yet between London and the Russian Exchange in Moscow. The development now exclusively allows BCS Prime clients the opportunity to trade equities, derivatives, FX, and other financial
Euronext.liffe, the international derivatives business of Euronext, will cut the cost of registering UK and US Universal Stock Futures through its Bclear service by up to 41% from 1 May 20
FlexTrade Systems has completely integrated with OTC Link, a wholly-owned subsidiary of OTC Markets Group, to support trading and market making on OTC Link’s SEC registered alternative trading system, OTC Link ATS. The new functionality integrates OTC Link ATS’
Euroclear and The Depository Trust & Clearing Corporation (DTCC) have signed a memorandum of understanding to create a joint collateral processing service which will significantly increase efficiency, reduce risk and support the growing collateral needs of industry participants. Initially,
