Latest Trade execution News: Finextra Research

Trading software outfit Rival Systems unveiled

Rival Systems, LLC (“Rival”) is a newly formed trading software company focused on empowering professional traders with the technology and resources required to compete in today’s markets.

18 June 2015

Company update/Trade execution

Deutsche Bourse trading platform to power Hungarian intraday electricity market

Deutsche Börse Market Data + Services and Hungarian Power Exchange Ltd. (HUPX) have signed a cooperation in which HUPX will use Deutsche Börse’s global commodity trading platform M7 to establish a local intraday market for electricity in Hungary.

18 June 2015

Company update/Trade execution

Liquidnet to launch institutional dark pool for corporate bonds

Liquidnet, the global institutional trading network, today announced that it is integrating with seven Order Management Systems (OMS) to provide direct connectivity into the first dark pool for corporate bonds which is scheduled to launch in Q3.

18 June 2015

News/Trade execution

SAP Financial Services Forum Focus: Seth McGuire, Twitter

A former senior director of business development at Gnip, prior to its 2014 acquisition by Twitter, and a research and sales executive at the Corporate Executive Board, a DC-based consulting firm – now McGuire is a senior business development manager at Twitter, focused on data partnerships. He has been a guest speaker on social media and the markets on programs including CNBC's "Squawk Box," Bloomberg's "Money Moves" and Fox Business' "After the Bell."

18 June 2015

Company update/Trade execution

Orc wins Sberbank contract

Orc, the global market leader in electronic trading technology for listed derivatives, today announced a contract with Sberbank CIB – the corporate and investment banking business of Sberbank, which is Russia’s largest bank and one of the leading global financial institutions.

18 June 2015

Finextra TV/Trade execution

Distributed ledgers and the opportunity for FSI

Nilesh Dusane, VP, global sales and client relations, Ripple Labs looks at a new future for payments and transaction networks that takes advantage of blockchain-based platforms.

17 June 2015

Company update/Trade execution

Luminex names Jonathan Clark president

Luminex Trading & Analytics LLC, a buy-side owned trading venue which seeks to deliver the benefits of low cost and more efficient trading, today announced that Jonathan A. Clark has been named President of Luminex effective August 1, 2015.

16 June 2015

Company update/Trade execution

London Stock Exchange to offer membership to Hong Kong firms

London Stock Exchange plc today announces it has received regulatory approval from Hong Kong’s Securities and Futures Commission to allow Hong Kong firms to become Members of London Stock Exchange.

15 June 2015

Company update/Trade execution

Kraken opens bitcoin dark pool

Kraken, a San Francisco-based Bitcoin exchange, is please to introduce the Kraken dark pool for bitcoin trading, a new feature that allows clients to discreetly place large bitcoin orders and execute against similar sized orders at potentially better prices.

12 June 2015

News/Trade execution

TMX sets up innovation lab

Canadian exchange group TMX is launching an innovation lab to explore and incubate emerging inhouse and external technology opportunities for 're-imagining' the future of trading.

12 June 2015

Company update/Trade execution

Murex overhauls collateral management module

MUREX SAS (“Murex”), the leading provider of cross-asset trading, risk, and back-office solutions, announces the release of its fully overhauled MX.3 for Collateral Management solution, designed to better support sell-side and buy-side financial institutions in creating an effective pre and post-trade collateral optimization framework.

12 June 2015

Company update/Trade execution

LSE hires former SEC chair Schapiro for US push

London Stock Exchange Group plc (“LSEG” or the “Group”) today announces that Mary Schapiro will join the Group Board as a Non-Executive Director, with effect 1 July 2015.

11 June 2015

Company update/Trade execution

Neonet ships liquidity seeking algorithm

Neonet, the independent agency broker and execution specialist, today announced the latest addition to its algorithmic trading suite with the launch of the new “Capture” algorithm.

10 June 2015

Company update/Trade execution

Eagle Alpha sifts unstructured data for Investment Themes

Eagle Alpha has launched a new component to its research suite, Investment Themes. This service consists of fundamental research that will provide insights from non-traditional sources on 100 global investment themes.

10 June 2015

Company update/Trade execution

BT Radianz Cloud opens access to Japan

BT today announced that it is making it easy for investors globally to trade on the equities and derivatives markets of the Japan Exchange Group (JPX), Asia's largest exchange group and the third largest in the world.

10 June 2015

News/Trade execution

Niederauer backs 'smart securities' startup Symbiont

A host of Wall Street heavyweights, including former Nyse Euronext CEO Duncan Niederauer, have joined a $1.25 million seed funding round for Symbiont, a startup using the blockchain for "smart securities".

09 June 2015

Company update/Trade execution

Interactive Data to feed Liquidnet dark pool

Interactive Data, a trusted, leading provider of fixed-income evaluated pricing, announced that it will provide Liquidnet, the global institutional trading network, with continuous evaluated pricing to help its fixed income trading platform participants meet their price discovery and best execution objectives.

09 June 2015

Company update/Trade execution

BBS first to use Aequitas tool for protection against predatory trading

BBS Securities Inc. (BBS) has become the first dealer to utilize the Smart Order Router (SOR) offered by Aequitas Technology Services Inc. (Aequitas), a subsidiary of Aequitas Innovations Inc.

09 June 2015

Company update/Trade execution

Deutsche Bourse to create intraday power market

Deutsche Börse will develop and operate the technical infrastructure and various IT applications for a joint European intraday power market within the framework of the European Cross Border Intraday Initiative (XBID).

09 June 2015

Company update/Trade execution

Trading Technologies to connect to Nasdaq's European commodities market

Trading Technologies International, Inc. (TT), a global provider of high-performance professional trading software, and Nasdaq today announced TT will introduce connectivity to Nasdaq’s European commodities operations, including the exchange group’s Nordic benchmark power market and German power contracts, through its new TT platform.

09 June 2015