BMO Partners Trade Informatics to Improve Trading Performance
BMO Capital Markets (BMO), the investment and corporate banking arm of BMO Financial Group, has partnered Trade Informatics to access the latter’s transaction cost analysis (TCA) tools and execute algorithmic trades with improved execution quality. The partnership allows BMO to measure and evaluate trade decisions with personalised systematic trading technology that is customised to match...
QQQ Capital Selects Eze Software to Streamline Investment Workflows
QQQ Capital, Singapore’s new long-term value hedge fund manager, has selected the Eze Investment Suite to automate its operations. The company will launch its QQQ Capital Feeder Fund, a $100 million fund focused on technology, education and tourism, in early 2018, using the Eze software to help streamline front-to-back investment workflows. As a fundamental long-short...
TRG Secures Exclusive Rights to Distribute Vela’s DART Terminal Usage Analytics
TRG continues to build out its spend management and usage tracking business through an agreement with Vela for exclusive global distribution rights to the company’s DART terminal usage analytics. Under the agreement, TRG will provide sales and relationship management for new customers, while Vela will provide after-sales support and development, and continue to manage existing...
Duco Plans to Add Products, People and Markets Following $28m Investment
Duco plans to expand its cloud data engineering solutions and extend its global footprint following a $28 million investment round. The investment reflects interest in the fintech’s Duco Cube software-as-a-service solution and growing uptake of cloud technology across the industry. The company provides technology that enables banks, brokers, asset managers and exchanges to normalise, validate...
UBS MTF Selects Aquis Technology for MiFID II Surveillance and Reporting
UBS MTF (Multilateral Trading Facility) has selected Aquis Technology, the regtech services arm of Aquis Exchange, to provide market surveillance and RTS 27 reporting software as required by Markets in Financial Instruments Directive II (MiFID II). UBS selected the Aquis Market Surveillance solution on the basis of its strong and comprehensive market monitoring and surveillance,...
Exactpro Concludes Buyout from London Stock Exchange Group
Exactpro Systems has been bought out of the London Stock Exchange Group (LSEG) by a company incorporated by the former’s founders. Deals of the acquisition were not disclosed and the LSEG is expected to remain a customer of Exactpro, which will provide an independent software quality assessment of LSEG’s core platforms based on a multi-year...
Deutsche Börse Reaps the Benefits of Implementing Metamako Network Devices
Deutsche Börse Group is reaping the benefits of Metamako FPGA-based network devices in its colocation network, including the ability to gain greater insight into the network and use precisely timestamped packet capture data for analyses that were not previously possible. The exchange deployed 60 Metamako K-Series devices running MetaWatch, an ultra-precise tapping and timestamping application,...
Mizuho Securities Integrates Nomura Research AI to Monitor Communication
Mizuho Securities has implemented Nomura Research Institute’s (NRI) voice recognition and artificial intelligence (AI) technologies to optimise the monitoring and analysis of communication between investors and sales reps that is tracked for both compliance and customer care purposes. The voice recognition and AI systems are based on NRI’s TRAINA VOICE Digest and have been customised...
Quant Insight Adds Analytics Dashboard to Trading Tools Portfolio
Quant Insight, a London based macro research firm providing discretionary managers with actionable investment ideas, has introduced the QI Analytics Dashboard that allows users to analyse and visualise patterns between asset prices and the macro forces driving them. The dashboard also provides tools to identify the best trading expression across all asset classes. Mahmood Noorani,...
ESMA Publishes Missing Pieces of Reference Data Crucial to MiFID II
To the relief of market participants subject to Markets in Financial Instruments Directive II (MiFID II), the European Securities and Markets Authority (ESMA) has published the last missing pieces of reference data crucial to trading under the regulation – MiFID II and Markets in Financial Instruments Regulation (MiFIR) transitional transparency calculations (TTC) for equity and...