News Archive

November 01, 2007

MiFID goes live but many market participants are not compliant

MiFID goes live but many market participants are not compliant

The Markets in Financial Instruments Directive (MiFID), which was designed to create a single market for financial instruments, goes live today, forcing buy- and sell-side institutions to demonstrate compliance and potentially transforming the European securities trading landscape. read more>

October 30, 2007

Reuters helps clients demonstrate best execution

Reuters helps clients demonstrate best execution

Information provider Reuters announced on Monday it has launched two products that help clients comply with MiFID's 'best execution' requirements, which come into effect on Thursday this week. read more>

October 30, 2007

TABB Group appoints former ITG executive Laurie Berke a senior consultant

TABB Group, a financial markets research and strategic advisory firm, announced on Tuesday that Laurie Berke has joined the company as a senior consultant in its New York office. read more>

October 30, 2007

New appointments boost private client wealth management team at Morse

Morse, a consulting firm, announced on Monday it has appointed two senior members to its private client and wealth management team. read more>

October 30, 2007

ESP launches central counterparty clearing service in Asia

Electronic Securities Processing (ESP), a trading applications and analytics software provider, has launched a central counterparty clearing service in Asia. read more>

October 30, 2007

FTSE Group goes live with Caplin for data distribution

Caplin Systems, a provider of web technology for capital markets participants, announced on Monday that FTSE Group (FTSE), a global index provider, has gone live with the Caplin platform as its core technology for the collection, processing and worldwide distribution of bonds and gilts index data. read more>

October 29, 2007

OMX management walkout triggered Turquoise's rejection of bid

A management walkout within Nordic exchange group OMX may have underpinned fledgling multi-lateral trading facility (MTF) Project Turquoise's rejection last Thursday of the firm's bid to become its technology provider, theTRADEnews has learnt. read more>

October 26, 2007

Bundesbank and Clearstream Banking launch 'self-collateralisation' service

On Monday 29 October, Deutsche Bundesbank and Clearstream Banking Frankfurt (CBF) will launch a 'self-collateralisation' service for the German domestic financial market, which has been developed in close collaboration with market participants. read more>

October 26, 2007

Fidessa LatentZero expands operations in Japan

Fidessa, a supplier of trading and connectivity solutions to the global broking and investment management communities, announced on Wednesday the expansion of its operations in Japan in support of its LatentZero buy- side product suite in the region. read more>

October 26, 2007

New technology gives buy-side traders more control over commission spending

Cogent Consulting says an enhancement to its CommTrak online money management system gives asset managers better control over their commission spending, whether they trade swaps, derivatives, options, futures, foreign exchange, equity or fixed income. read more>