Exchange operator NYSE Euronext has signed a definitive agreement to buy Wombat Financial Software, a privately held provider of financial market data management solutions.
The US Depository Trust & Clearing Corporation (DTCC) and CLS Bank International (CLS) have launched a central settlement service for OTC credit derivatives transactions.
New York-based brokerage firm Lime Brokerage (Lime) has acquired a minority interest in CBSX, a stock exchange owned by the Chicago Board Options Exchange (CBOE), it was announced last week.
BNP Paribas announced the appointment of Nick Tranter as head of European equity derivatives flow sales last Friday.
OTC Valuations (OTC Val), a provider of independent valuations for derivatives and other financial products, has announced that Ian Blance is joining the company as vice president of strategic sales.
Orc Software (Orc), a technology provider for advanced derivatives trading and connectivity solutions, has announced that its customer Banca Aletti has utilised Orc technology to launch two new certificates for basket of stocks on the Italian Securitised Derivatives Exchange (SeDeX).
RIXML.org, a consortium of buy-side, sell-side and vendor firms committed to the development and implementation of the first open standard for investment research, has announced that BlueMatrix, a provider of global research platforms, has joined the organisation as an associate member.
LiquidPoint, an agency-based broker owned by investment technology firm BNY ConvergEx, routed and/or executed 685 million options contracts in 2007.
The Eze Castle Software order management system (OMS), provided by investment technology firm BNY ConvergEx Group, has completed links to US block trading platform Aqua.
Nordic exchange operator OMX and the Bombay Stock Exchange (BSE) have signed an agreement under which OMX will deliver trading and clearing systems to strengthen BSE’s derivatives and securities trading capabilities.