Chilean CSD to Receive Services via Nasdaq Financial Framework Nasdaq will be providing post-trade offerings to Chile’s central securities depository (CSD), Depósito Central de Valores (DCV), which it will use to standardize and unify operations, messaging and the data infrastructure, officials say. The new infrastructure capabilities will become available via the Nasdaq Financial Framework. The… Read More >>
AxiomSL Hires from DTCC to Fill APAC Post
AxiomSL, a regulatory reporting, data and risk management solutions vendor, has hired Peter Tierney away from the DTCC to be CEO of AxiomSL’s Asia Pacific (APAC) región, AxiomSL officials say. Tierney joined the DTCC in 2013 as regional head of Asia, DTCC Deriv/Serv, the over-the-counter (OTC) trade reporting initiative, officials say. Based in Singapore, Tierney,… Read More >>
BNP Paribas Joins trueEX SEF
French banking giant BNP Paribas has joined the trueEX swap execution facility (SEF) offering its derivatives clients the ability to leverage direct clearing, broad support of global currencies, and low-cost execution of interest rate swaps via the trueFIX application programming interface (API) platform, officials say. In particular, the trueFIX API “provides asset managers and institutional… Read More >>
TrueEX, JPMorgan & RBS Stretch FIX for Swaps
TrueEX, a swap execution facility (SEF), JPMorgan and the Royal Bank of Scotland (RBS) have launched the trueFIX automated execution and processing solution for U.S. dollar, Euro and U.K. Sterling swaps that will work with the FIX-based confirmation and affirmation protocol extensions from the FIX Trading Community. The FIX Trading Community is the governing body behind… Read More >>
TrueEX Fills Top IT Management Post
TrueEX, which characterizes itself as the first designated contract marketplace for interest rate swaps, reports the appointment of Saro Jahani as chief information officer. Additionally, Jim Miller, the company’s co-founder, will be “migrating from his current full-time role as head of product development at the company in April 2015 to become an advisor to the… Read More >>
Swaps Exchange Hits Milestone as Sapient’s Cloud Links to Clients
Swaps Exchange Processes $100B of Bunched-Order Allocations trueEX Group, the New York-based electronic exchange for interest rate swaps, reports that it has successfully processed more than $100 billion in bunched-order allocations via its newly activated Post-Trade Services (PTS) platform. trueEX’s PTS platform allows buy-side clients and their futures commission merchants (FCMs) to directly allocate executed… Read More >>
