A-Team Insight Blogs The latest content from across the platform
BM&F BOVESPA Unleashes Puma for Spot FX Today
Brazil’s BM&FBOVESPA exchange goes live today with the first phase of its Puma Trading System, a multi-asset platform, based on Globex technology from the Chicago Mercantile Exchange, with an aim to reduce trade execution to less than a millisecond. Today, the exchange is commencing trading on Puma with spot foreign exchange. Next up are derivatives…
Virginie’s Blog – It’s Good to Talk (But Actions Are Also Needed)
August has truly been a month dominated by discussions at the regulatory level about data standards. Not only has the Committee on Payment and Settlement Systems (CPSS) teamed up with the International Organisation of Securities Commissions (IOSCO) to produce a consultative report on the means via which OTC derivatives data should be collected, stored and…
NYSE Loosens Liquidity Centre Access
While there are no official statements being issued, inside word suggests that NYSE Euronext is loosening the restrictions previously in place on network access to its liquidity centres. Essentially, the exchange is now allowing remote access to its matching engines via networks other than its own SFTI. Since flipping the on switch at its liquidity…
RBC Dexia Appoints New Director in Singapore
RBC Dexia Investor Services today announced the appointment of Eric Chua to Director of Business Development, Singapore. Mr Chua has been appointed to help drive RBC Dexia’s growth strategy in Asia for both onshore and offshore client mandates. He will report to Diana Senanayake, Managing Director, Singapore for RBC Dexia Investor Services. Ms Senanayake commented:…
Firms Likely to Wait Until November Deadline to Comply with AII Reporting Requirements, Says Xtrakter’s Dingley
Although the UK Financial Services Authority (FSA) has provided a four month window for firms to become compliant with transaction reporting using the Alternative Instrument Identifier (AII), firms are likely to wait until the final November deadline for compliance before they begin using the new derivative instrument ID, according to Christopher Dingley, product manager for…
FATCA Compliance Will Cost Banks 5 Times that of Client Money Compliance, Warns Crossbridge
Crossbridge , the financial markets consultancy, today warned that complying with the incoming FATCA legislation from the US could cost investment banks five times as much as complying with the UK’s new CASS regulations, which will be implemented in little over a month’s time. Indeed, one bank that Crossbridge is working with has assigned 40%…
ConvergEx Appoints Jim Karelas Head of Asia-Pacific Transition Management
ConvergEx Group, a leading technology company, today announced that Jim Karelas has joined the firm as head of Asia-Pacific Transition Management. In his new role, Mr. Karelas is based in Sydney, Australia and reports to Kal Bassily, head of Global Transition Management. “Jim brings with him many years of experience in the transition management space,…
Asset Control Enhances Data Coverage and Flexibility with Thomson Reuters Content
Asset Control, provider of financial data management solutions and services, has expanded the data coverage of its AC Plus data management solution with the addition of request-based content from Thomson Reuters DataScope Select, the strategic data delivery platform for non-streaming, cross-asset, global content. By accessing Thomson Reuters static content through AC Plus, customers will be…
Mikhail Terentyev Joins Otkritie Capital’s Analyst Team
Otkritie Capital, the investment banking arm of Otkritie Financial Corporation, has hired a new member for its analyst team. Mikhail Terentyev has been appointed as a consumer sector analyst at Otkritie Capital. Between 2008 and 2011 he worked as an analyst for a division within Nomura Bank. Prior to that, Mr Terentyev was a consultant…
Murphy Departs ING for Product Owner Role at Asset Control in the Netherlands
Nick Murphy, who up until recently was a data specialist for pricing and evaluations at ING Investment Management in the Netherlands, has departed the investment management firm to join EDM vendor Asset Control as a product owner in its Dutch office. Murphy, who was with ING for a total of seven years, last year, spoke…