News

Deutsche Börse announced on Monday that in February a total of €190.7 billion was turned over on Xetra.

Penson Financial Services (PFSL), the UK-based clearing services subsidiary of Penson Worldwide, announced on Tuesday its appointment by IND-X Securities to provide fully disclosed outsourced clearing services.

It was announced on Monday that following its successful implementation of Arcontech’s CityVision StarNet market data platform, Tradition Group, a financial product broker, has extended the system to manage contributions to Bloomberg in both London and Tokyo.

Lionhart Advisors Group, an international financial advisory group, announced on Monday that it will be launching a new hybrid private equity fund known as Lionhart Talon Private Equity Fund (Lionhart Talon).

Rosenblatt Securities announced on Monday that it has hired Raman Kannan as its new chief technology officer (CTO).

A new report on Monday released by Aite Group, an independent financial research and advisory firm, focusses on trends in the adoption and use of portfolio accounting systems by hedge funds.

ICAP, an interdealer broker, announced last Thursday that it is making non-deliverable forwards (NDFs) on seven Asian currencies available on its electronic foreign exchange trading platform EBS on 3 March, expanding its FX product offering.

Orc Software, a provider of derivatives trading and connectivity solutions, has made a connectivity module to TradElect, the London Stock Exchange's (LSE) trading platform, available for local Italian and worldwide market participants affected by the impending merger of Borsa Italiana with LSE.

Fidessa group, a provider of the Fidessa and Fidessa LatentZero trading solutions for the sell-side and buy-side, has announced it has signed five clients for its fully hosted Canadian trading platform.

Weeden, an institutional broker, and Pragma Financial Systems, a quantitative financial software provider, launched liquidity management system OnePipe on Tuesday.