News

Russia and Kazakhstan register on Tradar

Tradar, a provider of portfolio management and accounting solutions, has signed buy-side firms Parus Capital in Moscow and Compass Asset Management in Kazakhstan to use its flagship product, Insight.

Chi-X offers four-way clearing as EMCF relents on interoperability

Pan-European multilateral trading facility Chi-X Europe has become the latest trading venue to announce post-trade interoperability, with four central counterparties supporting the service, including Dutch clearer EMCF which had previously declined to join similar initiatives.

To Russia with FIX

Credit Suisse has become the first broker to connect to Russia's MICEX Stock Exchange via the FIX message protocol.

OTC derivatives reform 'to cost billions'

Reforms to the US and European OTC derivatives markets will cause data levels to surge as much as 400% above current levels, forcing market participants to spend US$3.4 billion in 2011 on clearing and back office technology, according to a report by TABB Group.

2011 a watershed for TCA – Greenwich

Transaction cost analysis is on the brink of becoming a credible tool for improving trade performance, after years of being regarded by sceptics as a box-ticking exercise, according to US research consultancy Greenwich Associates.

Uncertain markets lower dark trading volumes

Huge spikes in volatility in the first two weeks of August led to a decline in the proportion of European trading executed in the dark, according to market data from multilateral trading facility BATS Europe.

BondDesk aims big with Bang

BondDesk, a provider of US fixed income trading technology and execution services, has appointed former Bloomberg Tradebook president and CEO Kim Bang as CEO.