The London Stock Exchange (LSE) has joined the international stock exchange network created by BT Radianz. The connectivity vendor says the deal will increase the distribution of LSE market data and provide other users of the BT Radianz network which include over 40 major stock exchanges in the world, including Nasd
Quantifi, a provider of analytics and risk management solutions to the global credit markets, has released Quantifi Version 8.5, a toolkit for the pricing and risk assessment of credit derivatives. "Version 8.5 provides several key enhancements including third-generation base correlation technology essential for pricing some of the more recently developed portfolio credit products," says Rohan Douglas, CEO, Quantifi.
Eurex Repo, the electronic repo trading market owned by Eurex, says its Euro GC Pooling service, which was launched in March 2005, is being enhanced in conjunction with Clearstream Banking Luxembourg and Eurex Clearing to enable assets held in custody with Clearstream Luxembourg to be available for Euro GC Pooling from mid-2007 onwards. The new service is aimed primarily at international participants who use Clearstream Luxembourg as custodian for their securities.
SecFinex, the six-year-old, London-based electronic trading platform for securities lending, has sold 51 per cent of its equity to Euronext. The platform has sought an investor for some time, and came close to selling itself to inter-dealer broker ICAP earlier this year, but major shareholders Societe Generale and Fortis eventually demanded too high a price.
iX-Direct, a data solution designed to reduce latency, was unveiled yesterday by market data telecommunications provider Fixnetix. Delivered over a global fibre network, iX-Direct features Ethernet connectivity and does not require data feed handlers or servers to be installed on-site. "With the continuing rise of al
Eurex, the international derivatives exchange, will launch the world's first exchange-traded credit derivatives contract on 27 March 2007, a future based on the iTraxx
Six out of seven buy-side traders from the world's major market centres agree that they add more value now than they did three years ago, according to a global study called 'Buy-side Voice: The Road Ahead', undertaken by Liquidnet and Greenwich Associates. One hundred buy-side traders from the US, Canada, Europe and Asia responded.
Six out of seven buy-side traders from the world's major market centres agree that they add more value now than they did three years ago, according to a global study called 'Buy-side Voice: The Road Ahead', undertaken by Liquidnet and Greenwich Associates. One hundred buy-side traders from the US, Canada, Europe and Asia responded.
Avox, a network of financial services providers for the verification of counterparty data, has signed a cooperation agreement with VÖB, the Association of German Public Sector Banks (Bundesverband Öffentlicher Banken Deutschlands). The agreement aims to enable common marketing activities among member institutions of VÖB Services, a 100% subsidiary of VÖB which offers products and services in the areas of banking supervision, risk management and IT services.
Wombat Financial Software, which enables connectivity to the global markets through its market data infrastructure, and Coral8, provider of Complex Even Processing (CEP) software, have publicly announced a partnership to embed the Coral8 Engine into Wombat's messaging platform. Trading operations departments across th