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Barchart App Provides Data for Stocks, Futures and Forex in Single Place

July 24, 2014 - Barchart.com, a provider of market data and information, has upgraded its free financial mobile app to include global data for stocks, futures and foreign exchange for traders

Thomson Reuters Ups OTC Data Coverage With BGC Pricing

July 23, 2014 - Thomson Reuters wants to give traders the most data that they can get for OTC Securities and has joined with BGC Partners to give it to them.

CITIC Expands Derivatives Business with FINCAD's F3 Analytics Solution

July 22, 2014 - FINCAD, a provider of Over The Counter (OTC) derivatives pricing and risk management solutions, announced today that CITIC Securities Company Limited (CITIC) has implemented its F3 analytics solution to support the growth of its equity derivatives business in Asia.

Bahrain Bourse Goes Live With NASDAQ Trading Engine

July 22, 2014 - The Bahrain Bourse and NASDAQ OMX have joined forces with the former activating its newest trading engine, which is powered by NASDAQ OMX's X-stream trading platform.

Buysider Says Firms Must Be More Zealous in Seeing Into the Dark

July 18, 2014 - David DeVito, head of trading at Madison Investment Advisors, said in an interview with Traders Magazine that he thinks that news unfolding in recent weeks about what was happening inside certain dark pools should make the buyside realize it has to be more aggressive in finding out what is happening in the dark.

Bloomberg Partners with Salesforce.com to Bring Cloud-Based Archiving

July 17, 2014 - Bloomberg announced it has joined the salesforce.com partner program to bring cloud-based enterprise information archiving to Salesforce1 for Financial Services. Bloomberg's Vault will provide specialized enterprise information archiving and compliance 'as-a-service' to financial services firms.

TECHNOLOGY: Traiana Adds Kill Switch to Support Single Dealer FX Platforms

July 16, 2014 - Traiana, a provider of pre-trade risk and post-trade processing solutions, announced that it has extended the scope of its CreditLink service to include a "kill switch" capability for single dealer platforms in foreign exchange (FX) trading. The switch is intended to stop algorithms from executing orders or halt erroneous trades.

Options Target Hedge Funds with Cross Asset Managed Platform

July 15, 2014 - Options, a financial cloud provider for the capital markets, announced that it has partnered with Orchestrade Financial Systems to deploy its fully integrated position keeping, operations and risk management software to the Options Momentum platform.

Senate Takes on HFT, Dark Pools and Deadlocks

July 14, 2014 - Georgetown professor James Angel, who testified before the US Senate earlier this week, explains why we won’t see any new laws regarding market structure coming from Congress anytime soon.

Numerix and CameronTec Deploy OTC Structured Product RFQ System

July 11, 2014 - Numerix, a provider of cross-asset analytics for derivatives valuations and risk management, and CameronTec Group, a financial messaging infrastructure developer, has joined forces to deliver the Numerix CrossAsset pricing and risk calculation engine and CameronTec FIX Enablement in support of the valuation of sophisticated derivatives products and advanced risk metrics.

IPC's Financial Trading Platform Set for Metro Deployment

July 10, 2014 - IPC, a provider of trading communications, is deploying the BTI 7800 Series 100G converged networking system to increase performance and scalability between major hubs in metro regions and primary POP locations in regions with major financial centers.

Charles River Unveils Wealth Hub for Managed Accounts

July 9, 2014 - Charles River, traditionally a provider of trade management systems, announced its Wealth Hub system that will automate asset manager to sponsor communications, thus speeding up the trade consolidation function and securely distribute account and model updates to sponsors in a single mouse click.

SEC to Gather Dark Pool Data to Bolster Future Regs:

July 8, 2014 - W. Hardy Callcott is a partner at Sidley Austin LLP in San Francisco. He previously served in the General Counsel's Office of the Securities and Exchange Commission (SEC) as assistant general counsel for Market Regulation, and with Charles Schwab & Co. Inc., as senior vice president and general counsel. He spoke recently to Traders about Dark Pools, the SEC and how Flash Boys continues to drive the markets crazy. …

Fidessa Launches New Post-Trade Affirmation Service

July 8, 2014 - Fidessa Group announced the next phase of its post-trade strategy with the launch of an affirmation management service (AMS) for the buyside. Fidessa AMS is a new class of application that automates the workflow for direct trade affirmation between the buy-side and sell-side, delivering a faster, cheaper and more accurate alternative to current solutions.

BATS Announces New Market Data Service

June 30, 2014 - BATS Global Markets, operators of a family of exchanges, announced today a new market data product that will provide cost-effective, high-quality quote and trade information for market participants looking for comprehensive, real-time market data across all of BATS' markets.