News Archive

Lehman Brothers is to establish a floor-based market-making firm on the trading floor of the New York Stock Exchange, the firm announced yesterday. read more>

virt-x Exchange and NYFIX today announced a joint agreement to deliver a non-displayed block trading service for Swiss blue-chip equities. The platform will be owned and operated by virt-x and powered by NYFIX Euro Millennium, the neutral multi-lateral trading facility (MTF) being launced in Q1, 2008 by NYFIX International, NYFIX’s UK-based subsidiary. read more>

NYSE Euronext, a financial products and services provider, has hired Christine Sandler as senior vice president, North American sales. Sandler takes up her new post today and will be responsible for all aspects of the company’s sales and marketing efforts to buy- and sell-side customers. read more>

SuperDerivatives, a multi-asset derivatives platform for real-time option pricing, has announced that several leading Greek financial institutions including Eurobank EFG Group (Eurobank) and Marfin Popular Bank are deploying its interest-rate derivatives and structured products platform, SD-IR. read more>

Execution management system (EMS) provider TradingScreen yesterday launched a new trading product called "FuturesHUB". read more>

Charles River Development, a provider of financial software and services to the global investment management community, announced Tuesday that Dimensional Fund Advisors (DFA), a leading institutional asset manager, has selected the Charles River Investment Management System (Charles River IMS) to consolidate its global portfolio management, trading and compliance operations in the US, UK and Australia on one integrated platform. read more>

Dow Jones & Company (Dow Jones) has announced that its real-time news, commentary and analysis products is to be made available to Bloomberg users via the Bloomberg Professional service. read more>

With a market share of 13.8% of institutional trading volume, Deutsche Bank took home the title of Asia's largest fixed-income dealer at the 2007 Greenwich Associates Fixed Income Excellence Awards ceremony on Tuesday. read more>

BIDS Trading, an alternative trading system (ATS) designed to increase competition and liquidity in the U.S. equity block trading market, and Linedata Services, a financial technology provider, announced on Tuesday the signing of a contract to develop joint connectivity. read more>

Goldman Sachs Electronic Trading announced Monday that it has enhanced Sonar, its European algorithmic strategy, by enabling it to access the Goldman Sachs non-displayed liquidity platform, SIGMA. read more>