Markit, a provider of independent data, portfolio valuations and OTC derivatives trade processing, announced on Wednesday it has appointed Shane Akeroyd to its executive team.
European Multilateral Clearing Facility (EMCF), an independent central counterparty clearing house regulated by the Dutch Central bank, announced on Friday a reduction in its clearing fees effective 1 March 2008.
Boston-based investment management firm Eaton Vance has selected CDO Software's CDO Director and CDO Scheduler management tools to help manage its synthetic CDO business.
Fidessa group, provider of the Fidessa and Fidessa LatentZero trading, market data and connectivity solutions, today announced that Mitsubishi UFJ Securities (MUS) has successfully completed the initial phase of its algorithmic execution service roll-out, based on Fidessa's algorithmic trading platform, BlueBox.
Turquoise, the multilateral trading facility (MTF) being set up by nine leading investment banks, has hired Ian Werner as head of legal and compliance.
Financial software provider GL Trade has signed an exclusive deal to distribute fellow technology firm Nexfi’s Multi Asset Portfolio Management System internationally.
Hong Kong Exchanges and Clearing Limited (HKEx) plans to upgrade the software for its derivative trading and clearing and settlement systems on 3 March 2008.
Shareholders in Nordic exchange group OMX have accepted Borse Dubai’s offer to buy 68.6% of OMX, bringing its total ownership to 97.6%. This in turn will allow Borse Dubai to sell OMX to US stock exchange group Nasdaq, which will form the Nasdaq OMX Group.