EquitiesRSS

Credit Suisse strengthens SmartStream deal for derivatives brokerage fees

Credit Suisse and SmartStream strengthen partnership

SmartStream Technologies, the financial transaction lifecycle management (TLM) solutions provider, has revealed that its original agreement with Credit Suisse was recently expanded to include the processing of listed derivatives brokerage fees which began in February of this year.

Deutsche Bank feels the fourth on GBST Syn system in Australia

To Apple Pay or not to Apple Pay, that is the question

Securities processing software vendor GBST has migrated the back and middle-office operations of Deutsche Bank from the legacy GBST Shares platform to GBST Syn for processing the bank’s equity market trades in Australia. This is GBST’s fourth live Syn installation in the country. Other users are Macquarie Bank, Citi Australia and brokerage and investment firm […]

Ancoa delivers AWS hosted market surveillance platform to Convergex

ancoa 1

US-based brokerage services provider Convergex has implemented Ancoa’s market surveillance platform to monitor all trading activity across its domestic and international cash equities and options businesses. It also monitors trading activity of “all lit and dark venues” including Millennium, Convergex’s proprietary applicant tracking system (ATS). The cloud-based deployment is running on Amazon Web Services (AWS), […]

Good Smartkarma for Société Générale’s investment research

Société Générale

Société Générale is partnering with Smartkarma, a curated online platform, for investment insight focused on the Asian markets. Under this global agreement, Société Générale will provide its institutional clients access to a “new form” of equity research based on “demand driven and customised content”. Société Générale says it is the first global investment bank to […]

Nasdaq to support ASX in post-trade technology overhaul

nasdaq tower cropped square

Nasdaq will replace Australian Securities Exchange’s (ASX) existing equities and equity options clearing technology platforms. ASX says it wants to consolidate its number of post-trade platforms and this latest deal forms a “significant element” of its tech revamp programme outlined in February 2015. Tim Thurman, CIO at ASX, says: “While we have announced that ASX […]

Baymarkets takes over SIX x-clear’s Clara clearing solution

Peter Fredriksson, CEO of Baymarkets Technology

Sweden’s Baymarkets has taken over the support, maintenance and development of SIX x-clear’s Clara clearing system. Baymarkets says the addition of Clara to its product set will “complement” its integrated Edge platform, and creates a complete end-to-end solution. The Swedish company adds that the current team, who were developing and maintaining Clara to date, will […]

Fidessa bullish in rough markets

Growth

Trading platform provider Fidessa has reported a growth in revenue in 2015 up 7%, rising to £295.5 million up from £275 million in 2014, despite the reduction and closure of many sell-side trading operations over the last 12 months. The firm notes that the closure of the Jefferies Group’s Bache futures unit and Standard Chartered […]

Irish Stock Exchange preps for next gen Xetra migration

Irish stock exchange_1_entrance_brass_plate

The Irish Stock Exchange (ISE) has renewed its strategic technology partnership with Deutsche Börse and extended its use of the Deutsche Börse trading infrastructure and related services. The new contract runs for 6 years until the end of 2021. Deutsche Börse has provided the Xetra platform to the Irish Stock Exchange since June 2000. Several […]

LSEG’s GATElab low-latency risk gate to India’s NSE

LSE from st pauls Master copy

Financial software provider GATElab, part of London Stock Exchange Group (LSEG), has launched an ultra-low-latency service risk gateway to the National Stock Exchange of India (NSE). The solution is designed to enables users to send orders to the NSE equity derivatives segment in less than 30 microseconds, if all the pre-trade risk checks are met. […]

Looming MiFID II caps fail to quench buy-side thirst for dark trading

Dark pool trading is rising, despite European Commission efforts to the contrary

The value of dark equity trading jumped last year despite pending European regulations which will limit a fund manager’s ability to trade shares away from stock exchanges, according to research from equities broker ITG.

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