MarkitSERV unveils swaps clearing certainty hub
Electronic trade processing firm MarkitSERV this week launched Credit Centre, a pre-trade credit checking tool for OTC derivatives executed on electronic platforms, including swap execution facilities.
The MarkitSERV Credit Centre provides buy-side firms, regional banks and other institutions that access clearing through futures commission merchants with a consolidated view of credit available to them and helps them deploy credit lines across multiple clearers.
Also, the MarkitSERV Trade Manager (MTM), the firm’s solution to help clients meet OTC clearing requirements such as those under the Dodd-Frank Act, will also interface directly with Charles River Development’s Investment Management Solution, the firm reported this week.
“Dodd-Frank requirements give rise to a series of challenges for the industry around electronic trading and central clearing. The need for trade certainty is top of the list,” said Jeffrey Maron, managing director, MarkitSERV.
BT connects to CME’s Aurora data centre
Clients connected to the BT Radianz Cloud will have access to the Chicago Mercantile Exchange Group’s trading and market data services after an agreement was signed between the two firms.
As part of the agreement, the BT Radianz Cloud platform has been extended into CME Group’s data centre in Aurora, Illinois, giving Radianz clients fast and secure access to CME’s markets.
“The derivatives market and the foreign exchange market are truly global and investors increasingly want to access the major trading platforms wherever they are in the world,” said Tom Regent, president, global banking and financial markets, BT Global Services.
Horizon connects to Warsaw Stock Exchange
Front-end trading solutions provider Horizon Software will provide its new gateway to the Warsaw Stock Exchange in time for the launch of the bourse’s new trading platform.
Horizon is one of the first companies to be certified for the new Warsaw Exchange’s Universal Trading Platform provided by NYSE Technologies, which will go live in April.
“Europe is the strongest market for Horizon Software but we are aware that covering new countries strengthens our position with leading financial actors,” said Patrick Archer, sales director at Horizon Software.
OneTick deployed for quant researchTrading technology solutions firm OneMarketData will provide its complex event processing and tick data solution OneTick to quantitative investment management firm Coastal Management.
Coastal will use OneTick’s analytical tools to build custom models, run historical simulations and generate trading signals.
“As more investment managers and traders, such as Coastal Management, utilise quant strategies, OneTick is well-position to provide them with the analytical tools they need to move the needle,” said Richard Chmiel, OneMarketData’s senior vice president.
Calypso technology opens Madrid office
Financial software provider Calypso Technology has opened an office in Madrid, Spain, to serve Spanish and Portuguese markets.
The firm’s Madrid operations will drive liaisons between the firm and its Iberian and Latin and American clients, particularly in the sales and professional services teams.
“Spain is a key market for Calypso. With Spain’s two largest institutions as clients, it makes sense for us to have a direct presence in Iberia for optimum client servicing,” said Charles Marston, Calypso chairman and CEO.
MarkitSERV unveils swaps clearing certainty hub
Electronic trade processing firm MarkitSERV this week launched its Credit Centre solution for pre-trade credit checking for OTC derivatives executed on electronic platforms, including swap execution facilities.
The MarkitSERV Credit Centre provides buy-side firms, regional banks and other institutions that access clearing through futures commission merchants with a consolidated view of credit available to them and helps them deploy credit lines across multiple clearers.
Also, the MarkitSERV Trade Manager (MTM), the firm’s solution to help clients meet OTC clearing requirements such as those under the Dodd-Frank Act, will also interface directly with Charles River Development’s Investment Management Solution, the firm reported this week.
“Dodd-Frank requirements give rise to a series of challenges for the industry around electronic trading and central clearing. The need for trade certainty is top of the list,” said Jeffrey Maron, managing director, MarkitSERV.
BT launches offering out of CME’s Aurora data centre
Clients connected to the BT Radianz Cloud will have access to the Chicago Mercantile Exchange Group’s trading and market data services after an agreement was signed between the two firms.
As part of the agreement, the BT Radianz Cloud platform has been extended into CME Group’s data centre in Aurora, Illinois, giving Radianz clients fast and secure access to CME’s markets.
“The derivatives market and the foreign exchange market are truly global and investors increasingly want to access the major trading platforms wherever they are in the world,” said Tom Regent, president, global banking and financial markets, BT Global Services.
Horizon connects to Warsaw Stock Exchange
Front-end trading solutions provider Horizon Software will provide its new gateway to the Warsaw Stock Exchange in time for the launch of the bourse’s new trading platform.
Horizon is one of the first companies to be certified for the new Warsaw Exchange’s Universal Trading Platform (UTP) provided by NYSE Technologies, which will go live in April.
“Europe is the strongest market for Horizon Software but we are aware that covering new countries strengthens our position with leading financial actors,” said Patrick Archer, sales director at Horizon Software.
OneTick deployed for quant research
Trading technology solutions firm OneMarketData will provide its complex event processing and tick data solution OneTick to quantitative investment management firm Coastal Management.
Coastal will use OneTick’s analytical tools to build custom models, run historical simulations and generate trading signals.
“As more investment managers and traders, such as Coastal Management, utilise quant strategies, OneTick is well-position to provide them with the analytical tools they need to move the needle,” said Richard Chmiel, OneMarketData’s senior vice president.
Calypso technology opens Madrid office
Financial software provider Calypso Technology has opened an office in Madrid, Spain to serve Spanish and Portuguese markets.
The firm’s Madrid operations will drive liaisons between the firm and its Iberian and Latin and American clients, particularly in the sales and professional services teams.
“Spain is a key market for Calypso. With Spain’s two largest institutions as clients, it makes sense for us to have a direct presence in Iberia for optimum client servicing,” said Charles Marston, Calypso chairman and CEO.