News Archive

Orc Software, a technology provider for advanced derivatives trading and connectivity, announced on Thursday an agreement in which Swedish securities firm Erik Penser Fondkommission will use Orc for its DMA business and new proprietary trading service. read more>

Orc Software, a technology provider for advanced derivatives trading and connectivity, has opened an office in Amsterdam, in direct response to increased local demand for Orc trading solutions and support services across Benelux. read more>

SuperDerivatives, an options and multi-asset derivatives solution provider, has announced that Glitnir Bank is deploying its pricing and analytics platform for foreign exchange currency and equity options. read more>

Before the end of 2008, at least 30% of all algorithmic order flow will be sent through customised algorithms, up from 18% today, finds a TABB Group research note. read more>

In a white paper released yesterday, Quod Financial, a provider of order management systems for buy- and sell-side institutions, claims that market developments including liquidity fragmentation, new regulatory requirements for best execution and the rise of dark pools are making the current generation of 'execution' algorithms read more>

Cognotec, a provider of web-based institutional and retail foreign exchange trading solutions, yesterday announced it is to locate open a new data centre in Chicago. read more>

Progress Software Corporation, a supplier of application infrastructure software used to develop, deploy, integrate and manage business applications, has announced that the New York Mercantile Exchange (NYMEX), a subsidiary of NYMEX Holdings and the world's largest physical commodities future exchange, has deployed the Progress SonicMQ distributed enterprise messaging platform read more>

Deutsche Börse and the China Securities Index Company (CSI), a joint venture between the Shanghai Stock Exchange and the Shenzhen Stock Exchange, announced a sales cooperation agreement on Friday in Shanghai. read more>

Eleven new members will join the Central Facility for Funds (CFF), Clearstream's new post-trade solution for investment funds domiciled in Luxembourg, Europe's largest market for international funds. read more>

Instinet, an agency broker and wholly-owned subsidiary of Nomura Holdings, announced on Monday it has secured full membership on the Australian Securities Exchange (ASX), effective immediately. read more>