Dealing rooms

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/Dealing rooms

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.

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Fidessa doubles throughput rates with new Intel chipset

Fidessa is reporting trading transaction throughput tests on the new Intel Xeon 5500 chipset running twice as fast as on current industry standard kit, with comparatively lower power consumption.

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LSE debuts post-trade routing technology

The London Stock Exchange is to debut its new post-trade routing technology X-TRM as it launches a Central Counterparty (CCP) service for trading in the 50 most liquid Depositary Receipts (DRs) on the LSE's International Order Book (IOB).

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Thomson Reuters wins multi-million dollar Manulife outsourcing deal

Thomson Reuters has inked a multi-million dollar investment management outsourcing support deal with Canada's Manulife Financial Corporation (MFC).

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Nasdaq OMX Europe offers share options in return for trading

Multilateral trading facility Nasdaq OMX Europe is inviting market participants to take a stake in the business in an effort to boost share trading volumes.

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SocGen launches Alpha x Europe crossing network

Société Générale Corporate & Investment Banking (SG CIB) has launched Alpha x Europe, a crossing network which matches clients' buy and sell orders on a particular stock through an anonymous execution platform.

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Burgundy gets connected with BT Radianz

Burgundy, a new MTF owned by Scandinavian banks and brokers that will offer trading in Nordic securities from later this year, has chosen BT to provide connectivity services.

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SS&C buys financial data hub Evare

Connecticut-based fintech vendor SS&C Technologies has acquired Evare, a managed service provider for financial data acquisition, transformation and delivery. Financial terms of the deal were not disclosed.

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Turquoise volumes slump; Bats picks up FTSE 100 share

Dealing volumes over the Turquoise multilateral trading facility slumped by more than half last week as liquidity agreements with market-makers expired.

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Nordea rolls out Calypso trading and risk management technology

Scandinavian bank Nordea has gone live in Sweden with the first phase of a pan-Nordic roll-out of securities processing and settlement technology from Calypso.

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CME delays CDS clearing launch as search continues for investors

The Chicago Mercantile Exchange has delayed the launch of its clearing counterparty for credit default swaps as it seeks to attract investment and liquidity promises from the dealer community.

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Icap abandons exchange project as Lyall exits

Interdealer broker Icap is to abandon plans to launch its own derivatives exchange following a business review which has led to the departure of chief operating officer for exchange projects Cathryn Lyall.

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Ulf Axman appointed European business development head at Chi-Tech

Chi-X has appointed Ulf Axman as head of European development at Chi-Tech, the technology services arm of the exchange operator formed from its recent acquisition of Cicada.

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UBS Wealth Management Americas signs for Thomson Reuters news

UBS Wealth Management Americas has inked a multi-year deal with Thomson Reuters for the provision of news services to its financial advisor desktops.

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Sybase launches complex event processing (CEP) platform

Sybase has launched a complex event processing (CEP) technology platform for performing analytics on high speed streaming data.

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Hodgkinson appointed SmartPool head

SmartPool, the European exchange-led dark pool for block trading set up by Nyse Euronext, BNP Paribas, HSBC and JPMorgan, has appointed Lee Hodgkinson as its new chief executive officer

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LSE pulls out of LCH.Clearnet consortium

The London Stock Exchange has pulled out of a consortium of banks led by inter-dealer broker Icap that is considering a takeover bid for LCH.Clearnet. The independent clearer says it has had extensive talks with the consortium but that it is still awaiting an offer.

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Eurex in talks to sell CDS clearing stakes

Swiss-German derivatives exchange Eurex says it is in advanced talks to sell stakes in its forthcoming credit default swaps clearing house.