November trading volumes for options contracts on Chicago Board Options Exchange (CBOE) and C2 Options Exchange (C2SM) and futures contracts on CBOE Futures Exchange (CFE) totalled 91.90 million contracts. Average daily volume (ADV) was nearly 4.60 million contracts, a six
Global investor and philanthropist George Soros is back doing what he does best – making a fortune by exploiting financial turmoil.
Naya Capital Management has successfully implemented Watson Wheatley Financial Systems’ iRecs reconciliation system. The iRecs solution offers total control over reconciliations and increases operational efficiency and accuracy in a cost effective package. Tom Wheatley (pictured), COO, Watson Wheatley, says:
Derivatives trading and clearing activities grew in November from a year earlier while securities trading declined, according to Singapore Exchange (SGX). The derivatives market also had a record-high open interest. The value of securities traded was USD19.5bn, down 30
SEB has become the first Scandinavian bank to offer FX algo trading to its clients through multibank portals Bloomberg and FX All. Instead of traditional orders where clients call in for their orders to be executed, clients will now be
Eze Software Group has launched a new version of the Tradar PMS, its portfolio management system for buy-side institutions. Version 5.1 provides enhanced operational workflow and new performance reporting capabilities, offering additional insight into the drivers of investment returns and
Dash Financial Technologies has launched a new portfolio trading (PT) algorithm, a highly customisable workflow and execution solution with real-time transparency and analytics, allowing institutional clients to achieve their portfolio trading performance goals, however they choose to define them. The
Fidessa group, a provider of trading systems, market data and global connectivity, has announced that BNY ConvergEx Group, a provider of global agency brokerage and investment technology s
IHS Markit, a specialist in critical information, analytics and solutions, has launched its Initial Margin Calculation Service with broad coverage for non-cleared derivatives across interest rates, equities, FX, credit and commodities. A complex, five-phase international framework for posting initial margin
Sterling Trading Tech (STT) has unveiled its first major expansion of sophisticated analytics for its RaaS (Risk-as-a-Service) solution, The Sterling Risk Engine. The cloud-based, high performance solution calculates intraday, real-time risk-based haircuts and portfolio margin using the OCC’s TIMS methodology,
