News

CMA offers Brazil algos on LatAm trading hub

CMA, a Brazil-based provider of market data, order management systems and connectivity, has launched its CMA Algoritmos suite of execution algorithms on the CMA Trade Hub, a Latin American FIX connectivity platform.

US portfolio manager selects Fidessa trading system

Parametric Portfolio Associates, a US-based investment advisor and structured portfolio management provider, has installed buy-side trading technology firm Fidessa LatentZero’s Minerva order and execution management system (OEMS) to manage its equity accounts.

US buy-side fears regulatory mistakes – TABB

Unintended consequences of new equity market regulations is the number-one market structure concern of US buy-side traders, according to a new study from research and consulting firm TABB Group.

Burgundy appoints second CCP

Burgundy, a multilateral trading facility specialising in Nordic stocks, has chosen Swiss clearing house SIX x-clear as its second provider of central counterparty (CCP) clearing.

Euroclear launches automated UK fund processing

Central securities depository Euroclear UK & Ireland and EMXCo, which provides electronic messaging solutions for automating fund transactions, have gone live with an electronic, integrated order routing and settlement service for UK fund transactions.

Nasdaq OMX offers latency measurement service

Nasdaq OMX has subscribed to latency monitoring firm Correlix’s RaceTeam service, which will allow the exchange group to provide its customers with real-time, independent trading and data speed information for intraday and post-day analytics.