Trade technology vendor Orc has announced that its next-generation Orc Tbricks trading platform will now offer a certified interface to the Chicago Board Options Exchange (CBOE), as well as the CBOE Futures Exchange (CFE), officials say. The solution comes from Orc’s recent acquisition of Tbricks, which offers customizable pricing, volatility management, risk management, team quoting… Read More >>
PIMCO Strategy Shift Spurs Executive Departure
The Pacific Investment Management Co. (PIMCO) is refining its equities strategies, which will result in the exit of Virginie Maisonneuve, the firm’s chief investment officer for global equities, according to a statement from Douglas Hodge, PIMCO’s CEO. “Equities will continue to be an important part of PIMCO’s investment solutions, including active and enhanced equities which… Read More >>
PWC Partner Returns to SEC Accounting Group
The SEC has hired Wesley R. Bricker as its new deputy chief accountant, following his second stint at PricewaterhouseCoopers (PWC), officials say. In his new role, Bricker will oversee the accounting group in the SEC’s Office of the Chief Accountant. Bricker has more than 15 years’ experience in public accounting, and joins the SEC from… Read More >>
Capco Launches Singapore Office
Building on its Hong Kong operation, Capco, the business and technology consultancy specializing in financial services, is expanding into Singapore with the launch of a new office to meet growing regional demand, officials say. The Singapore operation will be led by recently appointed Capco Partners Bao-Viet Lê and Charles Bokman. Bokman will oversee wealth management… Read More >>
Macquarie Securities Fills Top Post for Execution
Macquarie Securities, the institutional equities arm of Macquarie Group, has appointed Stuart McWilliam as global head of electronic execution for Macquarie Securities, officials say. McWilliam has responsibility for Macquarie’s market-leading electronic product in Australia. In his new role, he will also be responsible for the continued development of Macquarie’s U.S. and European electronic products, officials… Read More >>
Mizuho International Revamps Data Infrastructures
Mizuho International, a subsidiary of one of the largest financial institutions in Japan, has gone live with a security master application from reference data vendor GoldenSource, officials say. The deployment of the Securities & Products application follows the investment bank’s January deployment of GoldenSource’s entity master application, dubbed Customers & Counterparties, officials say. Integrated on… Read More >>
It’s Time for T+2 and FTF Focus Magazine
A very warm spring has come to the New York City area this week and coincidentally we are debuting a new online magazine from FTF News (a printed version is also available). To underscore our new commitment to magazine journalism, we have renamed the publication “FTF Focus,” and for this special edition, we took on… Read More >>
Finpacific Joins Misys Partner Program
Finpacific Treasury Systems, an Australian treasury, risk and cash flow management vendor, has partnered with financial software vendor Misys and joined Misys’ InFusion Partner Program, officials say. Finpacific has more than 10 years of experience working with banks in the Asia Pacific region and has “deep expertise in application development and deployment, managed services, training… Read More >>
I-Star Gets Option access to Osaka Exchange
Nomura Research Institute, Ltd. (NRI), a consulting and system solutions vendor, has added a “weekly option dealing” component to the I-Star securities back-office solution, officials say. The new component provides access to new options on the Nikkei Stock Average, contracted by the Osaka Exchange. The new component is scheduled to be made available via the… Read More >>
ICAP Veteran Appointed to Virtu Financial Board
Market maker Virtu Financial has appointed John D. Nixon, the former group executive director for Americas at interdealer broker ICAP (US), to its board of directors effective immediately, officials say. Nixon recently announced that he will retire from the ICAP board of directors March 31 of this year, a position he held since May 2008…. Read More >>