TradingTech Insight OMS, EMS & SOR The latest content from across the platform

smartTrade Adds Cryptocurrencies to LiquidityFX Trading Platform

smartTrade Technologies has added cryptocurrencies to its FX Trading Platform, LiquidityFX (LFX), providing connectivity to major cryptocurrency exchanges and allowing users to leverage the LFX aggregation system to obtain a normalised view of cryptocurrency liquidity, place orders and manage algorithms with Smart Order Routing (SOR) logic in a transparent manner. The company has also made…

FlexTrade Releases FlexNow EMS for Hedge Funds and Mini-Primes

FlexTrade has formally released FlexNOW, an out-of-the-box, broker neutral execution management system (EMS) for hedge funds and mini-primes that want a multi-asset trading system at the click of a button. The EMS supports MiFID II compliance and is designed to handle equities, futures and options trading. It also offers connectivity to leading market data providers,…

Fidessa Adds Tower Research Capital to its Intelligent SI Liquidity Program

Fidessa has added Tower Research Capital to its Intelligent SI Liquidity Program, helping users of its access architecture and smart order routing capabilities meet the liquidity challenges presented by Markets in Financial Instruments Directive II (MiFID II). Tower uses a diverse set of trading strategies across a broad range of asset classes to provide liquidity…

Fidessa Delays Temenos Deal as Late Bidders Join the Party

By Lauren McAughtry Fidessa has postponed its shareholder vote on the £1.4 billion cash offer from Temenos after receiving approaches from two separate, as yet undisclosed third parties, who are each considering making an offer for the firm at a premium to the Temenos bid. Under the Temenos offer of February 20th, which had the…

Ullink Partners LiquidMetrix to Offer MiFID II Best Execution Reporting

Ullink has extended its partnership with financial data specialist LiquidMetrix to provide Markets in Financial Instruments Directive II (MiFID II) best execution reporting for its European sell-side clients. The solution, UL Publisher for Best Execution, addresses MiFID II’s requirement for sell-side firms and private banks to produce best execution reports based on data from their…

FactSet Partners CG Blockchain to Deliver Blockchain Based OEMS

FactSet has partnered blockchain apps provider CG Blockchain to give users of FactSet’s order and execution management system (OEMS) a real-time, secure means of recording transactions using blockchain technology. The firms have integrated FactSet OEMS, a central platform for executing trading strategies across asset classes, with CG’s BCT Fundstore suite of compliance-based blockchain apps. This…

Alantra Equities Goes Live with Ullink’s High-Touch and Connectivity Solutions

Alantra Equities (formerly N+1 Equities) has gone live with Ullink’s high-touch order management system (OMS) ODISYS and NYFIX connectivity hub. The Spanish equities broker division of the global mid-market investment banking and asset management specialist Alantra, went live in advance of the January 3, 2018 Markets in Financial Instruments Directive II (MiFID II) deadline to…

Sponsored Blog: Ullink Considers How Low-Touch and High-Touch Trading are Playing Out in a Changing Economic Environment

The global trading landscape is changing, driven by regulation, automation, cost pressure and the search for alpha. In response, sell-side firms are rebalancing their high-touch order management and low-touch direct market access (DMA) trading, and considering new approaches to achieving accurate and efficient electronic trade execution at speed and scale. On the buy-side, firms continue…

Eze Software Partners with MSCI to Roll Out Real-Time Factor Analysis

Investment management software provider Eze Software has teamed up with factor analytics specialist MSCI to enable investors to measure their exposure to risk in real time and adjust exposure as they trade throughout the day. Eze is integrating MSCI’s factor exposure data into its order management system (OMS), with MSCI providing coefficients of the Barra…

TORA Delivers AI Tool Designed to Help Traders Meet MiFID II Best Execution

Investment solutions supplier TORA has developed a pre-trade analytics solution that uses artificial intelligence (AI) to help trading firms meet the best execution requirements of Markets in Financial Instruments Directive II (MiFID II). TORA is offering the tool as part of its cloud-based order and execution management system (OEMS), enabling traders to monitor costs across…