High-performance trading technology supplier Rapid Addition has named Mike Powell CEO, reporting to Executive Chairman and FIX guru Kevin Houstoun. Powell is former managing director for the enterprise division of Thomson Reuters, now known as Refinitiv, responsible for the company’s core data feed and platform business under the Elektron brand. Powell has been working as a consultant and advisor since leaving TR in 2017. At Rapid Addition, he will spearhead the company’s initiatives in providing high-performance enterprise solutions for electronic trading using FIX/FAST and FPGA technologies. Says Houston: “We see significant opportunity in helping customers evolve their trading infrastructure as regulation continues to push the industry towards an increasingly electronic and transparent world.”
A-Team Insight People
Don’t miss this opportunity to view the recording of this recently held webinar. At the beginning of 2018 in Europe, and before the end of 2017 in the US, new time-stamping requirements will come into force, under European MiFID II regulation and the US SEC’s Consolidated Audit Trail (CAT) project. The RTS 25 provision of...
Following Bloomberg’s decision to withdraw its Sell-Side Execution and Order Management Solutions (SSEOMS) and Itiviti’s offer to help SSEOMS users migrate to its OMS, former global head of SSEOMS product management at Bloomberg, Linda Middleditch, has joined Itiviti as chief product officer. Middleditch has previously held senior product development positions at top-tier investment banks including...
The TradingTech Summit in London brings together European senior-level decision makers in trading technology, electronic execution and trading architecture to discuss how firms can use high performance technologies to optimise trading in the new regulatory environment.
Just over a year since the Financial Stability Board handed over leadership and direction of the interim Global Legal Entity Identifier System – or GLEIS – to the Regulatory Oversight Committee (ROC) of the LEI the entity identifier is being used for reporting under European Market Infrastructure Regulation. This report discusses recent developments in the...