Operations & Technology Archive

An extension of post-trade matching service Traiana that sends OTC equity trades through central counterparties will cut bilateral equity trade settlement fees for brokers and banks, and will have a muted impact on greater interoperability for cash equities in Europe. read more>

Reducing settlement times and streamlining post-trade processes were key issues in new FIX Protocol Limited global post-trade processing guidelines released today, according to a senior member of FPL's post-trade team. read more>

Execution and research broker ITG has released a new web-based tool that allows buy-side trading desks to monitor their execution performance in equity markets in real time. read more>

Institutional investors risk higher margin requirements if they cannot eliminate errors when communicating swap transaction data to clearing houses, according to a new report from TABB Group. read more>

A service launched this week that lets UK asset managers outsource trading is a natural, yet significant progression and will be vital for smaller buy-side firms to keep apace with technology and regulatory change, an executive leading the service believes. read more>

Agency broker ITG has launched a hosted order management system for institutional investors, which provides real-time market data, FIX connectivity and disaster recovery functionality. read more>

Nomura Asset Management, one of Japan's largest investment managers, is now using post-trade solutions firm Omgeo's central matching service. read more>

Global custodian bank BNP Paribas Securities Services has adjusted its operations in Australia to drive closer engagement with buy-side firms, as it seeks to expand its share of the country's custody market. read more>

GETMatched Europe, the European dark pool owned by global market maker GETCO, is to offer interoperable central counterparty clearing via pan-European clearer EuroCCP, subject to regulatory approval. read more>

Buy-side firms have had to wait two years for a European version of Markit's commission management platform, but conditions in the region mean they may take to it quicker than their US equivalents. read more>