Finexpo CTS

149 articles tagged with this keyword

/Finexpo CTS

Finexpo to focus on new execution landscape

The Finexpo - Execution Management conference and exhibition has opened for registration. The event, on Thursday 16 October at The Brewery in London, will focus purely on trade execution, order routing, low-latency data provision and productivity tools for the front-office.

/Finexpo CTS

Turquoise primes for September launch

Turquoise, the putative European equity trading venue supported by leading investment banks, is being prepped for a live launch in September, with trading in 300 stocks and a roster of top market-makers on board from day one, CEO Eli Lederman told a packed conference at Finexpo in London.

/Finexpo CTS

European stock exchanges facing 'perfect storm'

Lee Hogkinson, CEO of virt-x says Europe's incumbent exchanges are about to enter a 'perfect storm' of new competition driven by powerful forces of deregulation and tremendous advances in the speed and intelligence of trading technology.

/Finexpo CTS

Rhyme Systems acquires Exact Technical Services

UK asset management software vendor Rhyme Systems has signed a definitive agreement to acquire Exact Technical Services (Exact), a provider of MiFID compliant stockbroking systems to investment managers. Financial terms of the deal were not disclosed.

/Finexpo CTS

Sepa goes live

The first stage implementation of the single euro payments area (Sepa) - which aims to make cross-border payments as cheap as domestic transactions - has gone live with the official launch of the Sepa payment instrument for credit transfers.

/Finexpo CTS

Turquoise recruits Detica and Progress to build market surveillance system

Turquoise, the bank-backed equities trading platform that is being set up to compete with the domestic stock exchanges in Europe, is teaming with Nasdaq-listed Progress Software and London-based consultancy Detica to offer a real-time trading surveillance system.

/Finexpo CTS

Börse Berlin selects KTS to develop Equiduct Trading market data portal

Börse Berlin has recruited London-based Knowledge Technology Solutions to develop and host a Web portal that will provide access to prices from the MiFID-compliant pan-European platform, Equiduct Trading.

/Finexpo CTS

Turquoise chief Lederman to keynote at Finexpo

Eli Lederman, the newly-installed chief executive of bank-backed equities trading venue Turquoise, is among a roster of top-level keynote speakers participating in this year's Finexpo, the capital markets industry's leading technology conference and exhibition, taking place at The Brewery, Chiswell Street, London on 30 January.

/Finexpo CTS

Banks, trading firms take minority stake in Chi-X

A group of 13 banks and trading firms has taken a minority equity stake in Instinet's MiFID-compliant alternative trading facility, Chi-X Europe.

/Finexpo CTS

Atos Origin inks BNP Paribas outsourcing deal

Paris-listed Atos Origin has won a five-year contract, worth £50 million, to provide outsourced technology services to French banking group BNP Paribas.

/Finexpo CTS

JPMorgan and Deutsche Bank invest in Bats Trading

A further two banks - JPMorgan and Deutsche Bank - have made investments in Bats Trading, the electronic alternative to Nasdaq and Nyse. Financial terms of the minority investments were not disclosed.

/Finexpo CTS

Germany's Helaba signs for SimCorp Dimension

Danish fintech vendor SimCorp has signed Germany's Landesbank Hessen-Thüringen Girozentrale (Helaba) to its investment management platform, Dimension.

/Finexpo CTS

ECB consults on Target2-Securities

The European Central Bank (ECB) is launching a public consultation on its controversial initiative to establish an integrated securities settlement system in the euro zone.

/Finexpo CTS

Banks to increase low-latency spend - Tabb

The market for low-latency messaging middleware is set to rise from $95 million in 2007 to $168 million in 2010, a three-year compound annual growth rate (CAGR) of 107% as investment banks ramp up spending on the technology to cope with rapidly increasing message volumes, according to forecasts from Tabb Group.

/Finexpo CTS

Icap to apply for exchange status

Interdealer broker Icap has disclosed plans to establish an exchange-based business in Europe and says it has applied to the UK's Financial Services Authority (FSA) for the status of a regulated market under the EU's new Markets in Financial Instruments Directive (MiFID).

/Finexpo CTS

ECB hails launch of Target2

Target2, the EU-wide real-time gross settlement (RTGS) system for large value payments, has been successfully launched, says the European Central Bank (ECB).

/Finexpo CTS

MTFs to take 20% of European trading volume - Aite Group

A new study from Boston-based consultancy Aite Group predicts rapid take-up of multilateral trading facilities (MTFs) in Europe following the introduction of MiFID, with volumes on alternative systems expected to increase steadily from around three per cent at the end of 2007 to over 20% by the end of 2011.

/Finexpo CTS

Turquoise appoints Yann L'Huillier CTO

Bank-backed equities trading facility Turquoise has named Yann L'Huillier - currently chief information officer at the Boston Stock Exchange (BSE) - as chief technology officer (CTO) of the venture.

/Finexpo CTS

Infolect glitch hits LSE trading

The London Stock Exchange (LSE) was forced to extend trading by over an hour yesterday after a technical issue with its real-time data delivery application Infolect threw the market into confusion.

/Finexpo CTS

Algorithmic trading to drive e-fx volumes - Tabb

Increasing use of rules-based automated technology will result in as much as 80% of global foreign exchange trading being conducted electronically by 2010, up from 62% at the end of 2006, according to new research from analyst group Tabb.