Derivatives

Brazilian broker breaks new ground with Apama

Software provider Progress Apama has predicted strengthening Brazilian demand for algorithmic trading solutions after unveiling its first client in the country, broker Ágora Corretora de Titulos e Valores Mobiliaro.

Trading Technologies upgrades derivatives platform

Trading Technologies (TT) has released X_TRADER 7.6, the latest version of its derivatives trading platform. The new version adds features designed to enhance functionality, usability, deployment and user administration.

Credit Suisse AES forges derivatives links

Investment bank Credit Suisse’s Advanced Execution Services (AES) division, which supplies algorithms and trading tools to the buy-side, has expanded its derivatives capabilities by joining financial software firm Orc’s ExNet broker connectivity network and launching a joint offering with US options pricing and analytics firm Derivix.

Asian bourse upgrades target growth

Exchange group Nasdaq OMX and the Osaka Securities Exchange (OSE), Japan’s largest derivatives exchange, have signed a memorandum of understanding with the intent of forming a strategic partnership.

Eurex launches drive to attract new members

Eurex, the Frankfurt-based international derivatives exchange, has introduced a series of cost incentives to attract new members to its platform.

Market still needs electronic trading staff despite lay-offs

Although many buy- and sell-side firms are cutting jobs, there is still steady demand for electronic trading expertise, according to Marcus Newman, director and specialist in the electronic, algorithmic and program trading markets at recruitment firm Riversdale Consulting.

CBOE to launch electronic options exchange in August

The Chicago Board Options Exchange (CBOE) is planning to launch its new all-electronic options exchange, dubbed C2, in August this year, subject to approval from the US Securities and Exchange Commission.