Solutions
Hedge fund cloud services specialist Liquid Holdings Group is to be among the first group of approved service providers included in the FIS Group Ecosystem.
FIS Group created the Ecosystem to assist talented entrepreneurial portfolio managers in the formation and strengthening of new asset management firms.
Funded entirely by revenue generated from FIS Group's core business and provided at no cost to the managers, the Ecosystem leverages FIS Group's relationships in the market place to negotiate discounts from shared service vendors and facilitate introductions to potential capital providers.
As one of the initial group of 17 select service
Private financial cloud provider Options has implemented a series of upgrades and expansions to its managed server hosting and connectivity in Carteret, New Jersey.
The announcement comes ahead of this month’s eSpeed migration to the main Nasdaq data centre in Carteret, which follows the stock exchange’s July 2013 acquisition of the US Treasuries-trading platform.
The migration will see eSpeed move from the market’s current location in Rochelle Park, New Jersey and is planned for 7 April.
Options’ Carteret solution leverages the firm’s PIPE Velocity Platform, the IaaS provider’s ultra-low latency market data, connectivity and application hosting service, and
Volante Technologies has enhanced Volante Designer version 5.0 to support the Hadoop framework.
Integrating Hadoop functionality into Designer enables Volante clients to set up analytic conditions and feed data sets directly into a high-end analytical Hadoop environment of their choice.
Users can start the design, development and testing of a 'Big Data' analytical solution without having to pre-install a Hadoop engine or hire technical experts. This makes it easier to set up and analyse previously inaccessible large hybrid data sets stored in data warehouses, in a short timeframe with little upfront investment.
Using Volante and Hadoop, complex
The international derivatives market Eurex Exchange achieved a new milestone in its dividend derivatives segment in March 2014.
For the first time, the overall monthly volume exceeded one million contracts since launch of the segment in June 2008.
The total number of traded contracts was 1,086,054, bringing the open interest to 3.2 million contracts (as of 1 April).
A further all-time monthly high was recorded in the options on the Euro Stoxx 50 Dividend Futures with more than 250,000 contracts. Additionally, the sub-segment single stock dividend futures had its second-best month with more than 400,000 contracts.
Based
First-day trading volume for CBOE Short-Term Volatility Index options with weekly expirations totalled an estimated 3,134 contracts, according to data released by the Chicago Board Options Exchange.
“We were pleased to see a very active opening day of trading in Short-Term VIX options, with strong volume and broad market participation,” says CBOE Holdings CEO Edward T Tilly. “Short-Term VIX options bring a new dimension for volatility trading to the market, and it is clear from today’s activity that market participants see tremendous utility for the contract.”
CBOE developed VXST options in response to proven demand for Weeklys options generally,
Eurex Clearing has published a study looking at maximising capital and cost efficiency through an integrated cross-product central counterparty (CCP) clearing service.
The study was supported by and commissioned to Oliver Wyman, a global management consulting firm.
The study reviews how new capital and collateral requirements impact derivatives and securities financing markets. The analysis shows that netting efficiency, default fund structure and collateral efficiency are core drivers for capital efficiency.
Sell- and buy-side participants alike can substantially lower their capital and funding cost by actively pooling clearing business on an integrated cross-product CCP. Besides achieving savings from cross-margining
The Commodity Futures Trading Commission’s (CFTC) Divisions of Market Oversight (DMO) and Swap Dealer and Intermediary Oversight (DSIO) have issued a no-action letter with respect to swaps trading on multilateral trading facilities overseen by authorities designated by European Union member states.
Subsequent to the issuance of No-Action Letter 14-16, CFTC staff continued to engage in dialogue with the staffs of the European Commission and the Financial Conduct Authority of the UK, as well as with facility operators and market participants, concerning certain terms and conditions in No-Action Letter 14-16.
As a result of these conversations, and seeking to build
FTSE TMX Global Debt Capital Markets has acquired the indices business of MTS, whose indices track the performance of the largest and most widely traded government issued securities in European bonds.
MTS is an electronic fixed income trading markets and is majority owned by London Stock Exchange Group (LSEG).
FTSE TMX Global Debt Capital Markets is a joint venture between FTSE Group and TMX Group’s information services division, TMX Datalinx.
As a result of the acquisition, MTS will initially hold a 3.1 per cent stake in FTSE TMX Global Debt Capital Markets. FTSE will retain a 72.7 per
BT has launched a cloud-integrated solution for financial markets designed to keep traders in control of increasingly complex trading strategies and demanding client relationships.
Called BT Netrix HiTouch, the new touchscreen device acts as a control centre for collaboration among traders, their clients and counterparties and the wider pool of experts involved throughout the trade cycle.
It enables individuals and groups to rapidly communicate in what is a highly complex, real-time environment. It empowers them to make faster and more informed decisions with the help of the latest high-definition visual and audio interfaces and communications services, integrated with their specialist
Cyber security lab I Think Security Ltd has launched LOQ, a secure information technology that keeps proprietary information and communications secure for asset managers and their high net worth clients.
“It’s our most advanced security solution yet, with outstanding features and benefits,” says Dr Cédric Jeannot, founder and CEO of I Think Security Ltd. “We’re giving asset managers a competitive advantage, while reducing risk exposure and simplifying compliance, all in one easy-to-use package.”
Information can be stored in public clouds or hosted on private clouds (behind a firewall) for companies to maintain greater ownership and to leverage cloud infrastructure.
