Spending by hedge funds and asset managers on alpha generation platforms will increase sharply over the next three years, according to a new report from Aite Group.
Wombat, a market data vendor owned by NYSE Euronext, has connected to Swiss exchange group SWX’s new SWXess trading platform three months ahead of its planned launch in October.
Linedata Services, a financial software firm, has announced a strategic partnership with Altaira, a risk and portfolio management system provider, to incorporate cross-asset risk and analytics into the Linedata Services product suite.
Buy-side firms will increase spending on order management systems (OMSs) at a compound annual growth rate of 12% over the next four years to $699 million, according to a new study from research advisory firm TowerGroup.
Chi-X Europe, a pan-European equity multilateral trading facility (MTF), has started trading, clearing and settling five of the top component stocks of the Belgium BEL 20 index.