Latest post-trade & ops news

Buy side spending on execution and order management systems rising year-on-year

22 hours ago | 1287 views | 0

Institutional investors spend between $1.5 billion and $2 billion per year on order management and execution management systems for their trading desks - a growing amount due to increased demands for compliance tools and the need to keep pace with rapid changes in market structure.

JPMorgan Chase demands access to Bloomberg logs

16 May 2013 | 2441 views | 0

JPMorgan Chase lawyers have demanded that Bloomberg hand over five years of internal staff logs, in another sign of disquiet among financial firms over the extent of a snooping scandal at the market data vendor.

AMF issues RFI for central securities data repository

16 May 2013 | 1504 views | 0

The Autorité des marchés financiers (AMF), the regulatory and oversight body for Québec's financial sector, has issued a Request for Information (RFI) for potential suppliers to tender for the creation of a new Market Analysis Platform (MAP).

Deutsche Bank buys Xchanging out of JV

15 May 2013 | 1431 views | 0

London-based back office processing provider Xchanging has agreed to sell its 51% stake in Xchanging Transaction Bank (XTB) back to partner Deutsche Bank for EUR40.5 million in cash.

IPC launches app development partner programme

14 May 2013 | 1661 views | 0

IPC Systems has unveiled a vendor and customer app development partner programme for its Unigy trading communications platform.

Wall Street propeller-heads make way for new generation of data scientists

10 May 2013 | 3055 views | 0

Rocket scientists on Wall Street are set to be usurped by a new generation of 'data scientists', as investment banks combine new analytical approaches with the arrival of torrents of Big Data to transform their trading strategies, according to a new paper from BNY Mellon.

Deutsche Börse creates IT and market data unit

07 May 2013 | 1745 views | 0

Deutsche Börse has merged its market data and analytics unit with external technology and connectivity services as it bids to boost its IT-related sales.

CBOE under pressure following software bungle

30 April 2013 | 1979 views | 0

A badly bungled systems reconfiguration at the Chicago Board Options Exchange that shut down trading for three-and-a-half hours last week is set to increase pressure on the CBOE to let rival exchanges trade its proprietary options products.

Data management key to market surveillance - Iosco

22 April 2013 | 2989 views | 0

The technology-driven revolution in securities markets in recent years requires regulators to overhaul their surveillance operations with a focus on the micro-management of trade data, says a report from the International Organization of Securities Commissions (Iosco).

FSB moots development of global trade data utility

19 April 2013 | 2992 views | 0

The Financial Stability Board has mooted the creation of a central utility for sharing aggregated trade data, as evidence mounts that national jurisdictions are lagging in implementing OTC derivatives trading reforms.