Solutions
BSE – formerly Bombay Stock Exchange – is now supported by Redline’s market data and order execution gateway solutions, enabling firms trading on the exchange to receive and act upon real-time price and order book information faster than before.
“Our support for BSE brings Redline’s high-performance technology to one of the world’s fastest exchanges,” says Mark Skalabrin, CEO of Redline Trading Solutions. “Adding BSE is an important step in expanding our support for global exchanges.”
Redline’s InRush feed handler was written to the low-latency Enhanced Order Book Interface (EOBI) protocol, which BSE adopted as part of its multi-year partnership
Satuit Technologies, a provider of software solutions for the professional investment market, has partnered with CenturyLink to offer cloud-based hosting of its SatuitCRM and SatuitCRA software.
As part of this change, database infrastructure will be upgraded to SQL 2012.
In addition to allowing Satuit to upgrade the infrastructure and its security features, the new partnership will allow Canadian clients to use a Canadian site to host their SatuitCRM data.
The migration of client sites began in late July. All remaining client databases will migrated to the new partner by early autumn.
“We have been working intensively with
Agency-focused brokerage and trading services provider Convergex has enhanced its recently launched Small Cap Algorithm by improving the algo's fair price model.
This enables traders to source as much liquidity as possible in less liquid names while minimising impact in the market place.
Convergex's Small Cap Algorithm rests completely hidden in over 15 ATSs, yet will exit the market when it senses that it is signalling its presence in the market place. The algorithm will then return to the market when it determines that it is advisable to re-engage. Meanwhile, block executions are continuously analysed for the potential execution
Substance in the fund management sector, particularly in the context of the Alternative Investment Fund Managers Directive (AIFMD) and Base Erosion and Profit Shifting (BEPS) initiative, is of increasing importance, according to a Guernsey Finance white paper.
Investment funds – Why substance is key, written by funds journalist Kirstie Brewer, examines how the need to prove that an offshore fund manager has the necessary ‘substance’ to its business dealings and functionality has never been more acute, particularly in the context of the current climate of regulatory reforms and politically-motivated improvement of tax transparency.
The white paper looks specifically at
Nasdaq has extended its contract with BM&F Bovespa – the largest stock exchange in Latin America – for the use of the SMARTS Market Surveillance platform across Brazil's equities, commodities and futures markets.
Nasdaq has been working with BM&F Bovespa since 2011, helping to detect irregularities and market abuse in the Brazilian market.
As well as continuing to provide high quality market surveillance solutions, Nasdaq will be upgrading the exchange to the latest version of SMARTS, which includes a broad set of enhancements such as new modules, improved performance and capacity, and new visualisations to aid investigation.
"We
Interest rate swap trading platform trueEX has built a solution to provide execution for Brazilian Real (BRL) interest rate swaps cleared at CME Group.
The launch follows CME Group's Q4 2015 launch of BRL interest rate swaps clearing, which has cleared more than BRL250 billion in notional from 25 market participants.
Through the collaboration, clients will be able to execute new risk, terminate or compact positions and process their positions directly at CME Group. BRL swaps traders will also be able to directly query their existing positions at CME via trueEX, just as they can with the 18 other
Eze Castle Integration has expanded its cybersecurity consulting services for investment firms and will now offer vulnerability assessments, penetration testing and third-party due diligence audits to all firms across the investment industry.
Eze Vulnerability Assessments cover both internal and external network activities while Eze Penetration Testing Services work to test defences and uncover potential weaknesses.
For third-party due diligence audits, Eze Castle tailors analysis to the client-vendor relationships and goes deeper than the common one-size-fits-all checklist-type questions.
“Eze Castle Integration is recognised as the trusted technology advisor to the hedge fund and investment management industry. This role mandates
The International Commodities and Derivatives Association (ICDA) is hosting a Best Execution & Analytics event in Engelberg, near Zurich on 29 September.
Designed by and for market professionals from both the sell side and buy side as well as trading venues and industry vendors, the event will be held in association with itarle AG, a provider of multi asset algorithmic trading and analytics services for the sell-side.
Dr Paul Lynch (pictured), CEO of itarle, says: “Optimising execution costs, improving execution consistency and price performance has been top of the agenda for many firms in this industry for quite a
Nuveen has teamed with Artivest, a technology-driven alternatives investment platform, to bring alternative investments capabilities to RIAs, family offices, private banks and other financial advisers serving qualified high-net-worth investors.
Advisers will now be able to use investment tools, education materials and a client service team to access Nuveen and parent company TIAA’s alternative investment solutions, which currently comprise assets exceeding USD140 billion in aggregate, including real estate, agriculture, infrastructure, timber, agribusiness, private equity, as well as alternative credit-based, long/short, and special sector investment strategies.
Nuveen says alternative investments are playing an increasingly important role in building successful and diversified
The European Energy Exchange (EEX) has welcomed Belektron as a new market maker on the Derivatives Market for Emission Allowances.
Since January 2015, Belektron has been active as a market maker on the EUA Spot Market and has provided buy and sell orders on the EUA Futures Market since the beginning of this month.
"We are pleased to be able to extend our market making services on the spot market also to the EEX carbon derivatives market. This will further strengthen Belektron's position as a major player in the European carbon markets," says Boštjan Bandelj, director of Belektron.
