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 >>
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 >>
DTCC Debuts ‘Data as a Service’ Offering
DTCC Debuts ‘Data as a Service’ Offering Post-trade services utility, the DTCC is launching its data as a service (DaaS) offering that is intended to change the way data is accessed and presented from DTCC’s clearing, settlement, asset servicing and derivatives trade reporting solutions, DTCC officials say. “The DaaS offering provides subscribers access to their… Read More >>
