ABN Amro Clearing Bank Distributes Fidessa Derivatives EMS
ABN Amro Clearing Bank has extended its relationship with Fidessa to allow the clearer to distribute the software vendor’s derivatives execution management system (EMS). This follows ABN Amro’s 2016 harmonisation of its global multi-asset market access by replacing numerous vendor and in-house systems with Fidessa’s XTP technology, and means the clearer can now present clients...
LiquidityBook Moves Infrastructure into the AWS Cloud
LiquidityBook has joined the Amazon Web Services (AWS) community having completed the migration of its Software-as-a-Service (SaaS) buy- and sell-side trading solutions to the cloud provider’s global data centres. As a result, the company has points of presence in AWS regions in the US and Europe, and ability to scale up globally across Europe, the...
Revista Arrives in the UK with MiFID II Record Management Solution
Revista Systems, a provider of communications convergence management (CCM) technology to the financial services community, has opened its doors in the UK. The company’s CCM solution creates a record management repository that links every transaction relating to enquiries and trades, from inception to settlement, and plays into the record retention requirements of Markets in Financial...
Vienna Stock Exchange Joins Community of Scila Surveillance Users
The Vienna Stock Exchange has agreed a five-year deal to use Scila Surveillance technology to combat insider dealing, attempted market manipulation and other market abuses. The exchange joins a roster of global exchanges including London Stock Exchange, New York Stock Exchange and the Deutsche Börse that use the Stockholm-based company’s solution. Scila Surveillance provides trading...
Brexit and the UK Data Protection Bill: How does it impact you?
By Dennis Slattery, CEO at EDMworks On September 13, the UK government introduced in Parliament the Data Protection Bill. Its purpose is to implement a comprehensive data privacy framework for the UK in the post-Brexit environment. The scope of the bill covers: Implementing the General Data Protection Regulation (GDPR) into UK law Implementing the EU...
QuantHouse Partners NPL to Meet MiFID II Demands for Precise Trade Timing
QuantHouse has partnered with the National Physical Laboratory (NPL), the UK’s national measurement institute, to offer its clients the NPLTime traceable timestamping service. The service will enable users to evidence the exact moment a trade was executed to within 1 microsecond. This plays well into Markets in Financial Instruments Directive II (MiFID II), which requires...
McKay Brothers Extends Microwave Network to Milan and Zurich
McKay Brothers is building out its microwave network to connect London with Milan and Zurich at what it says is the lowest known latency. The company also expects to extend its Quincy Extreme Data (QED) service, an integrated and normalised feed of select market data sourced from and provided in trading colocation centres around the...
Linedata Upgrades Link to DTCC Cross-Border Transaction Matching Platform
Linedata has upgraded the interface between DTCC’s platform for central matching of cross-border transactions (CTM) and its Longview order management system (OMS) to improve workflows required by Markets in Financial Instruments Directive II (MiFID II). The companies have worked in partnership for 10 years, providing asset managers and hedge funds with a direct interface to...
QuantHouse API Ecosystem Offers Quants Easy Access to Apps
QuantHouse has built out its application programming interface (API) capability to deliver qh API Ecosystem, a framework that allows fintech firms to offer their products as on-demand solutions available through open APIs, and API based users, particularly hedge funds and automated trading firms, to access trading solutions without the complexity of integration. The benefits are...
ICE Extends SFTI Wireless Network with Chicago to Tokyo Link
Intercontinental Exchange (ICE) is working with the Go West trading consortium to add an ultra-low latency link between Chicago and Tokyo to its Secure Financial Transaction Infrastructure (SFTI) wireless networks. SFTI was acquired by ICE in the break-up of NYSE Technologies a couple of years ago and includes ultra-low latency network connectivity solutions between the...