It's all happening in the cloud this week. Abacus Group and Global Relay partnered to provide a message archiving solution as part of the AbacusFLEX private cloud platform.
Several developments at NASDAQ OMX; it introduced a new pre- and post-trade risk management platform called TradeGuard, launched First North Bond Market in Finland, and opened a new office in Bangalore.
Saxo Bank announced a new online social trading community for investors: TradingFloor.com.
Products and Services
Thomson Reuters introduced a new solution to provide greater transparency for benchmarks and other price sensitive data. Sapient Global Markets and Energy Data Hub launched a benchmarking service for energy market participants.
BofA Merrill simplified trading strategies for options, consolidating its options algo into four strategies.
TeraExchange connected to Traiana CreditLink for swaps pre-trade credit checking.
Brazil based Itau Asset Management adopted Omgeo's CTM & ALERT solutions for cross border post-trade automation.
Invesco selected Portware for execution management.
OptionsCity selected Equinix to expand its global hosted solution.
European Energy Exchange and Cleartrade partnered to create a combined commodities offering.
Omega is to launch a second ATS and appointed a new president and CEO.
Redline released an OpenMAMA bridge.
ITRS and Excelian developed a monitoring service for Murex.
People in the news
Leiv Askvig resigned as chairman of Oslo Bors VPS.
IXcellerate appointed former Interxion executive Peter Cladingbowl as Senior Technology Adviser.
GoldenSource expanded its company leadership.