Buy side

274 articles tagged with this keyword

/Buy side

Six more Wall Street banks invest in Bids

Bank of America, Bear Stearns, Credit Suisse, Deutsche Bank, JPMorgan and Knight Capital have each invested in the Block Interest Discovery Service (Bids), an alternative platform for equity block stock trading.

/Buy side

ITG names Goldman's Michael Green head of IT, Europe

New York-based Investment Technology Group (ITG) has hired Michael Green from Goldman Sachs to head its IT operations in Europe.

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TSX to undertake $20 million hardware upgrade; Canadian brokers losing out to US in algorithmic arms

The Toronto Stock Exchange (TSX) group has signed a $20 million contract to replace core trading engine hardware with Integrity NonStop servers from HP.

/Buy side

Mexico's Finamex selects Progress's Apama for algorithmic trading

Mexican broker dealer Casa de Bolsa Finamex (Finamex) is implementing algorithmic dealing technology from Massachusetts-based Progress Software to deliver customised program trading strategies to buy-side customers.

/Buy side

DTCC names Michael Bodson executive MD, business management and strategy

The US Depository Trust & Clearing Corporation (DTCC) has appointed Michael Bodson to the newly created position of executive managing director for business management and strategy.

/Buy side

E-trading and buy-side demands shifting FX markets - Celent

The global foreign exchange market is rapidly moving towards an exchange traded business model as e-trading accelerates and the traditional segregation of the interdealer and dealer-to-client markets is breached, according to research conducted by analyst house Celent.

/Buy side

Royalblue proposes name change; seeks acquisitions

UK dealing room systems house royalblue is to change its name to Fidessa in an effort to capitalise on the penetration of its core trading system and build a global brand. The company, which reported strong profits for 2006, is also looking for a large acquisition to expand its business with the buy-side and cater for new financial instruments.

/Buy side

Fishkind joins Foley at Aqua

Aqua, the new electronic equities trading platform that will be launched later this year by eSpeed, has appointed Andrew Fishkind as global head of sales.

/Buy side

Liquidnet to buy Miletus Trading

US institutional trading network Liquidnet has signed a definitive agreement to acquire New York-based Miletus Trading, an agency-only brokerage firm that provides quantitative execution strategies and analytics to institutional investors. Financial terms of the deal were not disclosed.

/Buy side

Mexican broker dealer Finamex goes live with TradingScreen platform

Mexican broker dealer Casa de Bolsa Finamex (Finamex) has implemented the TradingScreen electronic dealing platform to provide its buy-side customers with direct access to the Mexican Stock Exchange.

/Buy side

TietoEnator buys Swedish capital markets software outfit Abaris

Nordic IT services vendor TietoEnator has acquired Abaris, a Swedish provider of securities trading, fund management and private banking technology. Financial terms of the deal were not disclosed.

/Buy side

Electronic equity options trading set to grow - Bank of America

Bank of America is forecasting dramatic growth in automated equity options trading in the year ahead.

/Buy side

SIA launches MiFID best execution verification tool

Italian banking technology vendor SIA is to launch a software tool for verifying and assessing 'best execution' requirements in securities transactions, in line with forthcoming compliance requirements under the Markets in Financial Instruements Directive (MiFID).

/Buy side

Euroclear buys EMXCo

Brussels-based depository Euroclear has signed an agreement to acquire the UK's EMXCo, a provider of electronic messaging technology that automates the dealing and settlement of mutual funds. Financial terms of the transaction were not disclosed.