Solutions
Eurex Clearing has launched a real-time risk data distribution service called Enhanced Risk Solution.
It is the first central counterparty worldwide to offer risk management and margining data in real-time to its trading and clearing members.
The Enhanced Risk Solution is available across all asset classes and products – including derivatives, cash equities, bonds and repo transactions – for all connected exchanges and trading venues where Eurex Clearing offers clearing services.
The new service is free of charge and will allow all members to optimise their intra-day risk monitoring, risk controlling and treasury management towards Eurex Clearing.
“Our Enhanced Risk
Broadcort, a clearing division of Bank of America Merrill Lynch, has expanded its clearing and execution business for institutional broker-dealers by attracting more than a dozen new clients in the second half of 2009, and six additional new clients already in 2010.
"With our open architecture, robust third-party connectivity, high capacity and outstanding service culture, we believe we are setting a new standard in the institutional clearing space," says Michael Bird, head of Broadcort. "We would like to thank all of our clients who entrust their business to us every day."
Broadcort operates with Bank of America Merrill Lynch’s execution
NorthPoint Solutions, a business and technology consulting firm serving the alternative investments space, has launched a multi-asset order management solution.
It is designed to enable alternative investment managers to take advantage of trading opportunities in non-traditional assets, while reducing complexity, establishing order and enabling better decisions.
The solution was developed to allow traditional and non-traditional assets to be traded together on a single platform.
By consolidating trade capture across all asset classes and integrating order management with other systems in the investment manager’s environment, much of the manual processing can be eliminated, standard workflows can be established, and real time
SmartPool, the European dark liquidity pool created by NYSE Euronext in partnership with HSBC, J.P. Morgan and BNP Paribas, is launching a service designed to help traders and other market users access, interpret and navigate the post trade data published by European dark trading venues.
Delivered in partnership with NYSE Technologies, SmartPool’s MatchView service will be powered by and fully integrated within the NYSE Technologies’ liquidity discovery service, ioinet, a fast provider of indications of interest and trade adverts to over 350 buy-side and 150 sell-side institutions.
SmartPool MatchView will go live in Q2 2010 with data initially provided by
The implementation of the Tokyo Stock Exchange’s Arrowhead trading system has resulted in a reduction in the costs of trading Japanese equities, according to analysis by ITG.
According to the research, January 2010 saw a 36 per cent drop in Japanese trading costs compared to the previous month. This is the largest month on month per cent drop in Japanese trading costs in over a year and a half.
This differed from trading cost trends in other Asian markets over the same period – for example Hong Kong saw a smaller 17 per cent drop and Korea saw an increase
Eurex and the Korea Exchange have set the start date of their Eurex/KRX Link, a product cooperation to trade and clear Kospi 200 options, at 30 August 2010.
For the first time, Kospi 200 options will be available worldwide after Korean trading hours.
In-soo Kim, executive director of Korea Exchange, says: “Our agreement with Eurex today is part of our strategy to extend the global reach of KRX markets and furthermore, it is in line with KRX’s vision of becoming a world-class premier exchange. Through this cooperation, we will provide round-the-clock trading opportunities in the Kospi 200 options market, which
NYSE Euronext has reported strong year-over-year growth of derivatives trading volumes in February, with European derivatives volumes increasing 44.2 per cent and US options trading volumes increasing 56.4 per cent.
Cash equities trading volumes were mixed in February 2010, with European cash transactions increasing 9.1 per cent and US cash equities trading volumes declining 35.7 per cent from prior year elevated levels.
Both European and US cash trading volumes, however, remain above fourth quarter 2009 levels.
NYSE Euronext European derivatives products average daily volume in February 2010 of 4.9 million contracts increased 44.2 per cent compared to February 2009,
Deutsche Börse plans to expand the scope of tradable instruments on its pan-European Xetra International market from 86 securities at present to 1,000.
By summer 2010 the existing offering for France, the Netherlands, Belgium, Finland, Spain and Italy will be enlarged by 700 securities.
In this way all Euro Stoxx instruments from these countries and additional highly liquid ones will become tradable and will be settled in their home countries.
In the second half of 2010 Deutsche Börse plans to admit to trading securities from the Stoxx Europe 600 from Switzerland, Great Britain, and Ireland – the first two in
ABC Quant, a provider of risk management analytical solutions for the hedge fund industry, has launched the Quant Suite Morningstar edition, which offers a choice of risk management and portfolio allocation tools for institutional investors and investment advisers.
Morningstar, a provider of independent investment research, is powering this new edition through access to its hedge fund database.
Morningstar has performance data for approximately 8,000 active hedge funds and funds of hedge funds in its database and tracks operational data, like fee structure and contacts.
Subscribers to the Quant Suite Morningstar edition will also have access to the Morningstar Rating for
PerTrac Financial Solutions has launched a Microsoft Excel add-in that allows users to interact with major PerTrac applications from within Excel.
PerTrac PowerLink opens new reporting and analysis possibilities for PerTrac clients, while allowing them to easily incorporate PerTrac applications into their existing Excel-centric workflows.
“PerTrac PowerLink bridges the gap between two of the most important software platforms for investment professionals, the PerTrac Suite and Microsoft Excel,” says Gerry Mintz, PerTrac president and chief executive officer. “Users can conveniently pull PerTrac Suite data and statistics into Excel, where they can build custom reports or do whatever calculations they wish,
