A newly formed group of major finance industry players have joined an OpenFin-led initiative to bring universal connectivity and standards to all of the financial industry’s desktop applications. The group, known as the Financial Desktop Connectivity and Collaboration Consortium or
AcadiaSoft, a provider of margin automation solutions for counterparties engaged in collateral management worldwide, has launched CollateralManager, which will provide complete end-to-end collateral management for all buy-side firms via the AcadiaSoft Hub. The web-based platform covers all agreement types –
Exchange Data International (EDI), a provider of global security corporate actions, pricing and reference data, has launched a new Short Interest service. Short interest is a market sentiment indicator that tells whether investors think a stock’s price is likely to
The European Energy Exchange (EEX) has won the Europe-wide tender of the German Environment Agency for the next German auction platform for CO2 emission allowances. Starting on 15 November 2018 for a period of three years, with the option to
INTL FCStone’s Dubai-based subsidiary, INTL FCStone Commodities DMCC is to serve as the market maker for the Dubai Gold & Commodities Exchange (DGCX) Sharia-compliant Spot Gold contract (DGSG), which will be available for trading beginning on 29 March, 2018. The
XTX Markets, a quantitative-driven electronic market maker partnering with counterparties, exchanges and e-trading venues globally, is now trading on SIX Swiss Exchange. XTX Markets is the second new participant joining the exchange in 2018 after Gair Loch. Gregor Braun
TORA, a provider of a cloud-based order and execution management systems, has launched its new TORA Reporting solution, giving asset managers the ability to see and report on their trading operations anytime, anywhere. TORA Reporting lets users perform calculations on
Nasdaq and Extraordinary Re have signed a new market technology agreement for Nasdaq to deliver matching engine technology via the Nasdaq Financial Framework architecture. Extraordinary Re will deploy this technology through its patented Liquid Insurance Contract risk allocation platform. Extraordinary Re will also operate
Cboe Global Markets has successfully migrated the Cboe Futures Exchange (CFE) to its proprietary Bats technology with trading on the new platform opening in Global Trading Hours at 5:00 pm CT on Sunday, 25 February. At the end of the
TriOptima, an infrastructure service that lowers costs and mitigates risk in OTC derivatives markets, has reduced notional outstanding at Eurex Clearing by 26 per cent following a record compression run on 26 June, 2019. The latest run, which equates to
