Shhhh. Surveillance algos at work
Whisper it quietly, but MillenniumIT, the technology services division of the London Stock Exchange Group, is throwing open the doors to its library of alert algorithms.
Whisper it quietly, but MillenniumIT, the technology services division of the London Stock Exchange Group, is throwing open the doors to its library of alert algorithms.
BMO Global Asset Management, a global fund manager with assets under management of US$280 billion, has said it is acquiring the Charles River ‘Investment Management Solution’ product for its Hong Kong and London operations.
Intercontinental Exchange has acquired intellectual property rights in the US, relating to automated trading strategies that make price and trading decisions based on market price information.
UK buy-side trading desks have been warned they need to undertake a thorough review of their best execution procedures in light of a Financial Conduct Authority review published last week.
Flash Boys is the latest finance exposé by Michael Lewis, stirring up political and industry debates about the role of high-frequency trading.
Agency broker ITG has acquired Paris-headquartered RFQ-Hub, a platform for trading OTC products including equities, futures, options and swaps.
Neonet, an independent agency broker and execution specialist, has extended its interface’s capabilities to include compatibility with Visual Trader, a Spanish trading platform owned by Bolsas Y Mercados Espanoles.
OTAS Technologies has launched its real-time transaction cost analysis system to help traders improve efficiency and cut costs.
Financial data and software provider Bloomberg has bought low-latency connectivity technology vendor RTS Realtime Systems, arming itself with a new range of exchange connections and data centres.
The first options trading system to be made available to the Chinese market has been introduced by Horizon Software.