Dealing rooms

1492 articles tagged with this keyword

/Dealing rooms

Fidessa spots first 'green shoots'

Trading systems outfit Fidessa is reporting "early signs of recovery in the market" in its interim management statement and is tentatively forecasting growth towards the higher end of current market forecasts for the rest of the year.

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Asian equity electronic trading revenues to sink in 2009 - Tabb

Equity electronic trading revenues in Asia Pacific are set to see a 17% fall this year, with liquidity sinking during the downturn, according to research from Tabb Group.

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CDS clearing plans badly flawed say researchers

Proposals to reduce risk in the trading of credit default swaps through the introduction of central counterparty clearing are badly flawed, according to research conducted at the Stanford Graduate School of Business.

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Chi-X to launch dark pool

Chi-X Europe is to launch a dark liquidity pool in Q2 2009, subject to regulatory approval.

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Capital markets IT spending to hold steady in 2009 - survey

Despite the global financial crisis, spending on IT by trading firms will hold steady over the next year, according to a survey from Sybase and Financial Insights.

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Fidessa scoops Baikal technology contract

The London Stock Exchange has partnered with trading technology house Fidessa to build the order management and smart routing technology for Baikal, the LSE's forthcoming pan-European dark pool.

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LSE head of equity markets quits as new CEO prepares for management 'streamlining'

The London Stock Exchange's director of equity markets, Martin Graham has quit ahead of a move to streamline the bourse's management structure under incoming CEO Xavier Rolet.

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Iraq Stock Exchange migrates to electronic system

The Iraq Stock Exchange has begun the move to electronic trading, with five of the bourse's 91 companies migrating to a new system yesterday.

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Firms face multi-million pound liquidity reporting bill

Regulatory proposals for a new liquidity reporting regime could cost the UK financial services industry up to £700 million to implement, according to estimates by Atos Consulting.

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Nyfix amends Euro Millennium matching algorithm in response to FSA clampdown

Nyfix has amended the matching algorithm on its Euro Millennium dark pool to limit crossing at the mid-point of the reference market price in an effort to comply with a new interpretation of the MiFID rulebook by the UK's Financial Services Authority.

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Oddo & Cie deploys Chi-Tech trading platform

Independent agency brokerage Oddo & Cie has rolled out an algorithmic trading infrastructure platform from Chi-Tech, the technology services unit recently formed by Chi-X.

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Lombard Risk breaks into top tier with £1 million collateral management deal

Shares in UK risk management outfit Lombard have jumped on news of a major collateral management contract win with a top tier German bank.

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LCH.Clearnet recruits BarCap's Joe Reilly to lead SwapClear

LCH.Clearnet has recruited Joe Reilly from Barclays Capital to head up its SwapClear over-the-counter interest rate clearing unit.

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CBA goes live on Progress Apama

Commonwealth Bank of Australia's equities execution and trading division has gone live on the Progress Apama complex event processing platform.

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GnuTrade launches iphone financial gaming app

An iPhone application that lets users view how financial markets are performing and place bets on whether prices will rise or fall has been launched by gnuTrade.

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Icap and CLS set up FX post-trade joint venture

Interdealer broker Icap and FX risk reduction network CLS are to create a new joint venture company offering post-trade aggregation services to participants in the over-the-counter currency markets.

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LSE abandons exchange traded CFDs project

The London Stock Exchange (LSE) has abandoned plans to launch an exchange traded contract for difference (ETcfds) service following discussions with bank and broker clients.

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FfastFill expects FY profit, appoints Purdey CEO

UK screen dealing vendor FfastFill says it expects to report a small profit for the year despite "turbulent conditions" that have resulted in delays to the signing of contracts. The company has also named current COO Hamish Purdey as chief executive officer.

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SocGen Securities Services deploys Misys Summit FT

Société Générale Securities Services (SGSS) has gone live with Misys' Summit FT treasury system to support its asset servicing and custody services business in Paris.

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Bank of New York Mellon launches Liquidity Direct

The Bank of New York Mellon has launched a money market investment portal designed to help institutional investors maximise liquidity and mitigate counterparty risk.