A-Team Insight Blogs The latest content from across the platform
The OTC Derivatives Case for LEIs
Hot on the heels of the Financial Stability Board’s creation of expert panels to advise on the development of legal entity identifiers (LEI), international regulators IOSCO and the Bank for International Settlements this week weighed in to stress the importance of LEIs to the ongoing efforts to boost transparency in the OTC derivatives marketplace. In…
Bats Sets Chi-X Europe Migration Sched; Taps Savvis Chicago for U.S. Backup
Bats Europe has set an end of April go-live date for migration of Chi-X Europe’s trading system, running on Bats technology at Equinix, near London. Separately, Bats Global Markets in the U.S. says it will house its backup trading systems at a Savvis data centre in downtown Chicago. Following the completed acquisition of Chi-X Europe…
CITIC Bank International Selects Pricing Partners for Structured Products Portfolio Pricing
Pricing Partners, the world leader in OTC derivatives pricing analytics, mathematical models and independent valuations, announced today that CITIC Bank International, a Hong Kong based full-service commercial bank, has chosen Price-it Excel, the advanced derivatives pricing excel solution for its risk management team. The agreement was signed through its regional partner Belatos. CITIC Bank International…
Euclid Opportunities Invests in Model Two Zero
Euclid Opportunities, ICAP’s early stage financial technology project, today announced the completion of an investment in London-based software firm Model Two Zero. Model Two Zero is an early-stage company pioneering the next generation of innovative matching, reconciliation and data-translation technologies. A growing number of Model Two Zero clients are now using this technology to validate…
Q&A: IPC’s Joe Pickel on Network-As-A-Service
IPC Systems recently introduced Connexus, a financial markets extranet, for ready access to its trading ecosystem. IntelligentTradingTechnology.com spoke to the company’s vice president of network services product management Joe Pickel to find out more. Q: IPC has been in the network/connectivity business for quite some time, so what’s new and different about Connexus? A: We…
Can Emerging Markets Resist The Algo Trading Bug in 2012?
As algorithmic trading continues to evolve, it is my view that we will start to witness more firms using their systems to trade equities not only from the U.S. and Europe, but also from the Middle Eastern, Latin America and Asian markets. The latest announcement that Colt’s sister company KVH will be expanding its low-latency…
Roderick Manzie Joins 3d Innovations as COO to Further the Data Management Consultancy’s Growth
3d Innovations, the data management consultancy specialising in market, reference and derived/computational data,today announced the appointment of Roderick Manzie, as Chief Operating Officer. Roderick joins the Board and will manage the legal, commercial and financial aspects of the company to build an infrastructure for growth. The appointment marks a point of significant growth for 3d…
Markit Adds Sensitvities Data to CDS Pricing
Markit, a leading, global financial information services company, today announced it is supplementing its end-of-day prices for credit default swaps (CDS) with a new sensitivities report that will give clients valuable information about the relationship between a CDS price and other market variables. The new Markit CDS Sensitivities service gives clients the ability to understand…
Data Growth Causes Increase in Financial Infrastructure Externalisation
After President Obama passed the Dodd-Frank Act last year, in an effort to avoid another financial crisis like the one in 2008, Europe is following suit with MiFID 2. While both of these regulations aim to increase transparency into financial markets and, specifically, over-the-counter (OTC) derivatives, the impact of MiFID 2 isn’t likely to be…
The Inside Track on LEI
I love to be on the inside track, probably because it happens so rarely, and so I am sorely tempted to answer the Financial Stability Board’s (FSB) call for volunteers to participate in the private-sector LEI advisory panel that the industry group announced earlier this week. In fact, I haven’t felt quite so tempted since…