Financial technology provider SunGard has updated its Protegent market surveillance solution to help regulators, trading venues and brokers meet European Securities and Markets Authority guidelines on market abuse.
FIX Protocol Limited, the organisation responsible for the FIX messaging standard, has published recommended trade reporting practices to give buy-side firms more clarity on how brokers execute their orders.
BATS Chi-X Europe intends to set a new benchmark for market data pricing in Europe, after unveiling plans to become the first multilateral trading facility to charge for its data.
Readers of theTRADEnews.com have overwhelmingly identified the cost of clearing and collateral as the primary concern for institutional investors in light of the impending shake-up of the OTC derivatives market.
The Singapore Exchange will begin trading the first offshore Indonesian equity futures contract from 11 June.
Markit, the financial information service provider, has appointed Jason Nabi as a managing director in its sales and marketing division. Nabi will be responsible for leading the company’s sales efforts in the asset servicing industry.
Interdealer broker ICAP’s purchase of the stock exchange assets of UK-based PLUS Markets Group will serve as a hedge against impending OTC derivatives reform.
Bespoke instruments that perfectly fit investors’ needs are likely to cost considerably more in future. As market participants cut their cloth according to their means, some may feel more exposed than others.
Trading technology vendor Calypso has launched a new version of its cross-asset processing platform that enables better use of post-trade services for managing OTC derivatives exposures, including more efficient collateral management.
NYSE Euronext has teamed up with the China Financial Futures Exchange to support the ongoing development of their respective futures and options markets.