Ancoa’s Platform Relies Upon Amazon Web Services (AWS) Convergex, an agency global brokerage, is using the market surveillance platform from vendor Ancoa to monitor trading activity across its domestic U.S. and international cash equities and options brokerage businesses to bolster compliance with U.S. and international market abuse regulations. The cloud-based deployment uses Amazon Web Services (AWS),… Read More >>
GLEIF and ‘First Movers’ Complete LEI Process Test
GLEIF Works with First Mover LEI Issuers The Global Legal Entity Identifier Foundation (GLEIF) and five “first mover” Legal Entity Identifier (LEI) issuers have “successfully concluded a prototype exercise” that tested the end-to-end process of collecting and validating data on the direct and ultimate parents of legal entities that have an LEI, reports Stephan Wolf,… Read More >>
China Renaissance Deploys Fidessa Trading Systems
Firm Says Platform Will Help Its Outreach to Investors China Renaissance, an investment banking, securities and investment management firm with headquarters in Beijing and Shanghai, has deployed an Asian trading platform from vendor Fidessa. The new IT backbone will support the expansion of the firm’s equities business across Asia via a centralized order management… Read More >>
BNP Paribas Deploys Managed Service for Listed Derivatives
BNP Paribas has gone live with a hosted, derivatives trading platform for a complex workflow of listed derivatives trading operations in Europe, Asia-Pacific and North America. Bank officials add that they expect the deployment to boost customer service via the platform’s cross-asset capabilities. The platform from vendor Fidessa has been set up as “a fully-managed… Read More >>
ABN AMRO Clearing to Use Fidessa Execution Services
A clearing and financing services provider ABN AMRO Clearing (AAC) is working with trading systems vendor Fidessa to offer managed, cross-asset execution services to AAC clients via a new deal between them. The new link would provide AAC clients with low-latency access to more than 110 futures, options, equities and foreign exchange (FX) markets globally,… Read More >>
CFTC Approvals Raise Number of SEFs to 21
CFTC Finalizes Registration for GTX, Tera and FTSEF The CFTC has given its stamp of approval to three swap execution facilities (SEFs): the GTX SEF (GTX) of Bedminster, N.J.; TeraExchange, (Tera) of Summit, N.J.; and FTSEF (FTSEF) of Great Neck, N.Y., bringing the number of fully CFTC-registered SEFs to 21. The regulatory action finalizes approval… Read More >>
Fidessa and Alpha Omega Take On Centralized Matching
Post-trade matching that exploits the Financial Information eXchange (FIX) electronic trading protocol is at the heart of a new partnership between electronic trading platform provider Fidessa group and FIX-based affirmation services vendor Alpha Omega, who are joining forces to offer “faster, low-cost bidirectional trade matching” via Fidessa’s post-trade Affirmation Management Service (AMS), says Steve Grob,… Read More >>
Ex-CEO of Thomson Reuters Joins Algomi as Advisor
Algomi Also Adds Howard Edelstein to its Board Algomi, which characterizes itself as a provider of “information-matching solutions for the optimization of fixed income liquidity,” reports that Tom Glocer, former CEO of Thomson Reuters, has become a strategic advisor, and that Howard Edelstein, the former chairman and CEO of BondDesk Group, and an Algomi investor… Read More >>
ICE Promotes to Fill Senior Management Posts
ICE Promotes Senior Managers Intercontinental Exchange, Inc. (ICE), the operator of clearinghouses, data services and such exchanges as the New York Stock Exchange, reports the following senior management moves: Ben Jackson, president and chief operating officer (COO) of ICE Futures U.S., has been named to the newly created post of ICE chief commercial officer, where… Read More >>
Maybank Kim Eng Unifies Asian Trading via New Platform
The investment banking and equities trading units of Maybank Kim Eng have gone live with a new order management and execution platform intended to help the firm unify its regional trading support and bolster global growth, according to bank officials. Maybank Kim Eng is using trading technology from vendor Fidessa, and went live in November… Read More >>
