HKEx appoints former Chi-X chief to lead tech push
Hong Kong Exchanges and Clearing has announced the appointment of a former Chi-X Global technology head to further support the implementation of its three-year strategic plan.
News
CCPs not necessarily safer for OTC clearing – DTCC
Further concerns about the pivotal role clearing houses are being asked to play in the OTC derivatives market were raised by senior executives at the Sibos banking conference in Toronto yesterday.
Combined RTS-MICEX to IPO in 2013
The combined bourse that will be formed from the merger of MICEX and RTS, Russia's two stock exchange groups, will float via IPO in 2013.
Culture of risk to blame for rogue traders – RBC CEO
Rogue trading is a consequence of investment banks over-encouraging high-risk activities, according to Gordon Nixon, CEO of the Royal Bank of Canada.
BNP Paribas offers faster international deployment to brokers
BNP Paribas Securities Services has launched a service aimed at shortening financial intermediaries' deployment time to new markets, optimising liquidity and boosting client service.
Indian exchange certifies FlexTrade
Broker-neutral multi-asset algorithmic trading systems provider FlexTrade has been certified by India's National Stock Exchange.
Kx Systems, Corvil and more…
Database specialist firm Kx Systems has formed a strategic sales partnership with DEVnet, a risk management and trading systems consultancy.
AlgoSpan launches proof of concept testing facility
Trading technology solutions provider AlgoSpan has launched a market data proof of concept testing facility.
BoC calls for wider access to global CCPs
Use of global clearing houses to reduce counterparty risk in the financial markets could be undermined if membership is not broadened, according to Tim Lane, deputy governor of the Bank of Canada.
ITG expands algo offering to Mexico
Agency broker ITG has adapted its series of algorithms for Mexico, including its Active algorithm, which has been customised for the local market.