Cross/Multi asset Archive

February 26, 2007

Patsystems adds charting functionality to its Pro-Mark trading system

Trading systems vendor Patsystems has released an upgraded version of its front-end platform for professional traders. Pro-Mark 3.9 includes new charting functionality, accessible directly from the live quotes screen. The company claims it offers users complete control over their trading preferences, with fully-configurable technical indicators, chart styles and representations including market profile. read more>

February 15, 2007

BlueBay Asset Management live on Charles River IMS for all asset classes

Charles River Development, a provider of front- and middle-office systems to the global investment management community, yesterday announced that BlueBay Asset Management is now trading derivatives via the Charles River Investment Management System (IMS) and has been using the system since 2005 for its fund management business totaling in excess of US$9 billion in assets under management. read more>

February 15, 2007

Growth prospects recover as investors reassess view of economic cycle, Merrill Lynch survey of fund managers finds

Investors have changed their minds about where they are in the global economic cycle, with a growing number now saying the economy is back in a mid-cycle phase, according to Merrill Lynch’s survey of fund managers for February. read more>

January 29, 2007

London-based macro hedge fund buys multi-asset class trading platform from Imagine Software

Trading platform provider Imagine Software says that Stoneworks Asset Management, a London-based global macro fund, has bought the firm's ASP service, derivatives.com, to support its trading and risk management activity as it enters its first months of trading. read more>

January 24, 2007

German energy trading firm Trianel buys trading system from Trayport

Electronic trading systems vendor Trayport says Trianel European Energy Trading GmbH, which provides energy procurement and marketing services, as well as energy and emissions trading, has its GlobalVision Trading Gateway system. read more>

January 23, 2007

Nord Pool power exchange to buy more energy trading and clearing technology from OMX

Nordic exchange group OMX and Nord Pool, the Nordic power exchange, have signed an agreement to extend their existing collaboration on trading and clearing technology. OMX will provide a single platform for trading and clearing. The agreement is valid until 2015 and includes support and operation of the integrated system, which will be used for the energy derivatives market. read more>

January 17, 2007

Trading Technologies licenses patents for MD Trader Technology to Knight Capital Group subsidiary

Trading Technologies International (TT) has announced that Direct Trading Institutional (DTI), a subsidiary of Knight Capital Group, has licensed TT's MD Trader patents. The license allows DTI to use TT's MD Trader technology in Knight Direct, its multi-asset class direct market access platform. In addition, futures orders from Knight Direct will be routed through TT's exchange gateways via TT FIX Adapter. read more>

January 15, 2007

Commodities trading software specialists Brady had a good 2006

Brady, which provides software applications for metals and commodity trading, says revenues in 2006 were 10% higher than current market forecasts and that profit before tax will at least meet market expectations. read more>

January 10, 2007

Orc Software sets new benchmarks for scalable, multi-strategy trading

Orc Software, a provider of advanced trading, market-making and brokerage technology, has set new benchmarks for scalable, multi-strategy trading based on Orc's Liquidator solution, running on Solaris 10 Operating System (OS) and Sun Microsystem's Fire T2000 CoolThreads Server. Performance tests measured the system's read more>

December 11, 2006

FutureTrade launches multi-asset class and cross-border trading platform

FutureTrade, a provider of integrated electronic equity, option and algorithmic trading services, announced the release of its Version 4.0 trading platform yesterday. Version 4.0 includes direct access to international equity markets and improved integration of equity and options trading facilities. "Our clients have read more>