Trade execution

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/Trade execution

MTS agrees Bonds.com acquisition

London Stock Exchange-owned fixed income marketplace MTS has agreed to buy Bonds.com, a US-based platform for the electronic trading of corporate and emerging market bonds.

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Bloomberg adds social sentiment analytics to trading terminal

Bloomberg has added social sentiment analytics to its Professional desktop tool to provide traders with an early heads-up on market-moving Twitter trending topics.

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Wall Street firms suspend participation in analyst surveys

Eighteen of Wall Street's top banks have agreed to suspend their participation in surveys of analyst sentiment amid concerns that the practice gives high-speed traders an unfair advantage over ordinary investors.

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Business Wire stops selling direct feeds to HFT firms

Business Wire, the corporate news release distribution company owned by Warren Buffett's Berkshire Hathaway, is to stop selling its potentially market-moving content directly to high-frequency trading firms.

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Global fixed income e-trading sees tepid growth

Electronic trading systems only managed to slightly increase their share of global fixed-income trading volume in 2013, accounting for a quarter of total volume executed, according to a report from Greenwich Associates.

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Nous trading game app lets users bet on bitcoin price

Startup trading app outfit Nous has added bitcoin to the list of currencies players can bet on through its FX-forecasting game, Spark Profit.

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Citi and JPMorgan join ParFX as founder banks

ParFX, the spot forex electronic trading platform set up by Tradition last year, has added Citi and JP Morgan to its founder bank community.

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Deutsche Bourse acquires stake in fixed income platform Bondcube

Deutsche Börse has acquired a minority stake in fixed income liquidity discovery start-up Bondcube.

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Japan Exchange invites bids for new derivatives trading system contract

Japan Exchange Group is calling on technology vendors to apply for the right to build it a new derivatives trading system.

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Madoff programmers generated thousands of random trade documents to dupe auditors, jury told

A New York jury has heard how two former IT men employed by Bernard Madoff allegedly developed a raft of software programs to create fictitious transaction records designed to dupe auditors inspecting the company's books.

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Digital currency Ven to be listed on LMAX MTF

FCA-approved multilateral trading facility LMAX has agreed to list Ven, the digital currency created by online community Hub Culture, enabling brokers, banks and institutions to trade the virtual instrument.

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Saxo Bank launches social trading community

Denmark's Saxo Bank has unveiled an online social trading community where investors can share and discuss strategies.

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Kensho raises $10m to build a Siri-like assistant for capital markets trading

US start-up Kensho has raised $10 million in seed funding to build an "intelligent market research assistant" that will answer complex financial questions asked in natural language.

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SunGard appoints Marianne Brown as COO of financial systems

Marianne Brown, president and CEO of post-trade processing house Omgeo, has been appointed as chief operating officer of SunGard's financial systems business.

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UBS to outsource fixed income platform to Murex and ION - Reuters

Swiss bank UBS is to outsource large parts of its fixed income technology infrastructure to Murex and ION, according to Reuters.

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Nasdaq OMX ends contract to run SIP feed

Nasdaq OMX has cancelled its contract to run the Securities Information Processor (SIP), the data feed which was hit by a technology glitch last summer, halting trading for three hours.

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Europe reaches agreement on MiFID reforms

A comprehensive rewrite of rules governing trading in financial markets has been agreed by the European Parliament and the bloc's Council of Ministers.

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Finextra Future Money presents: How to succeed as a fintech start-up

Finextra is inviting start-up companies in London to participate in the first of a series of breakfast roundtables ahead of the forthcoming Future Money conference, run in association with fintech accelerator space Level39.

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BlackRock to shut down analyst survey programme following Attorney General probe

BlackRock, the world's largest asset manager, has agreed to end its analyst survey programme after a probe by the US Attorney General into the early release of market moving sentiment data.

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JPMorgan takes equity stake in Chi-X Global

JPMorgan has acquired an equity stake in exchange group Chi-X Global.