Operations & Technology Archive

December 21, 2012

Consolidated tape project nears majority support from venues

Consolidated tape project nears majority support from venues

Traction for an industry-led European consolidated tape solution is growing, with a number of the region's markets backing recent proposals made by The COBA Project. read more>

December 20, 2012

ESMA opens interoperability debate

The European Securities and Markets Authority has released a consultation paper on interoperability between central counterparties as part of its obligations under new derivatives legislation. read more>

December 20, 2012

ASX closer to IRS clearing

The Australian Stock Exchange's plan to clear over-the-counter interest rate swaps came a step closer this week, as seven banks stepped forward to support the project. read more>

December 18, 2012

Fidessa extends Okasan contract ahead of exchange merger

Tokyo-based firm Okasan Securities has selected trading solutions provider Fidessa for its prop trading business, as trading firms in Japan adapt to increasing levels of automated trading. read more>

December 17, 2012

Are new broker models built to last?

Sell-side consolidation in 2012 left the buy-side with less choice but fewer suppliers to keep happy. Is this cyclical change or is something more fundamental going on? read more>

December 17, 2012

SIX strikes deal for Norwegian clearer

SIX strikes deal for Norwegian clearer

SIX Group, the Swiss financial market infrastructure operator, has acquired Norway's Oslo Clearing, as central counterparties across Europe undergo expansions ahead of regulatory changes. read more>

December 13, 2012

Instinet offers fund level cost management

Buy-side firms will have greater scope to manage costs and commission sharing agreements at the fund level with a new product from trading solutions provider Instinet. read more>

December 13, 2012

CME Clearing Europe offers collateral service via BNY Mellon

Multi-asset clearing house CME Clearing Europe has selected investment management services provider BNY Mellon to offer a tri-party collateral service to its members. read more>

December 12, 2012

LCH.Clearnet eyes Australian derivatives clearing

Anglo-French clearer LCH.Clearnet has applied for regulatory approval to extend its OTC interest rate clearing service to Australia. read more>

December 12, 2012

Consolidated tape needs commercial clarity

Consolidated tape needs commercial clarity

Leading industry players are calling for European policy makers to intervene and provide greater detail on how a competitive consolidated tape for Europe would work, fearing exchanges will not reduce data costs on their own. read more>