CounterpartyLink has announced a three-year agreement to provide legal entity data to Northern Rock in Newcastle upon Tyne.
Block trading ATS provider Pipeline Trading Systems has launched what it claims is the first intelligent algorithm selection engine to be made available in the institutional marketplace.
Smart Trade Technologies has announced that it has been selected by the fixed income markets division of Calyon, the Crédit Agricole corporate and investment bank, to build an interest-rate derivativ
The Intercontinental Exchange (ICE) has acquired a series of natural gas indices from the Intelligence Press, publisher of the Natural Gas Intelligence (NGI) newsletters.
Institutional broker Weeden & Co. and algorithmic trading solutions provider Pragma Financial Systems have announced that they are to enter into a strategic alliance.
Global custodian bank State Street has published a report on the hedge fund industry offering an overview of the impact of rising institutional allocations to alternative investment vehicles and the implications of this trend for institutions and the hedge fund industry.
Intercontinental Exchange (ICE), the electronic energy marketplace and soft commodity exchange, opened its new ICE Trading Center at 2 World Financial Center in lower Manhattan yesterday. The center is adjacent to the New York Board of Trade (NYBOT), ICE's U.S.-based futures and options exchange.
The Spanish Exchange yesterday began to trade the first 'turbo' warrants, which have been issued by BNP Paribas Arbitrage Issuance (BNP Paribas). The issue consists of 8 Turbo Call and 8 Turbo Put warrants on the IBEX 35.
Progress Software has formed a partnership with electronic trading vendor ULLINK by which the customisable algorithmic trading capabilities of the Progress Apama Algorithmic Trading Platform will become part of the product portfolio ULLINK offers its customers, who include stock exchanges, brokers and banks.
Goldman Sachs's leading hedge fund Global Alpha made a 5.7 per cent loss in February. The loss came as reports in March showed that Goldman had dropped a place to become the second largest hedge fund manager in the US with $32.5 billion of assets under management.