Torstone Technology acquires risk and compliance tech firm Percentile
Torstone Technology will add Percentile’s risk and compliance platform to its post-trade services following acquisition.
Asset Classes
Stocks caught in crossfire of no-deal Brexit share trading plans
Analysis from big xyt shows that some stocks will be caught in the crossfire of a UK share trading obligation, as industry’s concern on EU no-deal Brexit share trading plans heightens.
Northern Trust appoints FX sales head in the Americas
Ernesto Arteta, formerly a senior trader at Northern Trust, has been promoted to lead FX sales in the Americas.
Deutsche Bank introduces client clearing through LCH CDSClear
Deutsche Bank is the first German bank to offer client clearing in US and European credit default swaps via LCH CDSClear.
JP Morgan clears first repo under new DTCC sponsor programme
Transaction follows recent regulatory approval to expand DTCC’s Fixed Income Clearing Corporation sponsored programme.
Virtu Financial and MarketAxess join forces on global ETF and fixed income project
Collaborative project to deliver global, multi-asset and multi-currency coverage to MarketAxess and Virtu RFQ-hub clients.
ASX deploys Quantitative Brokers algos and TCA to derivatives market
ASX is the first exchange in Asia Pacific region to implement Quantitative Brokers’ algorithms.
DTCC wins approval to expand fixed income clearing for new sponsors
The expansion will also change how the service is used, with sponsors now able to let their clients trade with counterparties other than themselves.
Broadway Technology acquires OMS provider Barracuda FX
FX OMS provider Barracuda FX will expand into fixed income after joining trading software specialist Broadway Technology following the acquisition.
SGX acquires stake in FX trading platform BidFX for $25 million
BidFX, a subsidiary of TradingScreen, will use the funds to expand its reach among the institutional investor community.