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Automated Trader Update: HFT debate rumbles along

First Published 14th April 2014

New 'Sound Bytes' column from Automated Trader, FIA introduces SEF tracker, EuroCCP and EMCF complete consolidation, SGX to clear NDIRS, BT Netrix HiTouch announced, CQG and DirectFX partner, Thomson Reuters introduces StarMine Insider Filings, xCFD accepts Bitcoin deposits, EdgeConneX launches Salt Lake City datacente. Eze Software and Liquidnet announce senior appointments.

Introducing 'Sound Bytes', a new column from Automated Trader to keep you abreast of what people are talking about.

In the first edition of Sound Bytes, we spoke to a range of industry figures at the recent TradeTech conference in Paris and gathered views on the debate about high frequency trading in the wake of Michael Lewis's new book Flash Boys; and we also hear about some of the new trends in technology. Next week, we'll be offering more Sound Bytes on regulation, liquidity, dark pools and emerging markets.

Industry news

FIA introduced its SEF Tracker for measuring swap trading activity, meanwhile an IPC survey conducted at the FIA Chicago conference in November, concluded that the industry remains unprepared for SEF regulation deadlines.

EuroCCP and EMCF completed their consolidation within a timescale of seven weeks.

ASEAN Exchanges announced the development of a post trade solution and appointed Deutsche Bank for custody & settlement.

Products and Services

SGX launched clearing of NDIRS; NASDAQ OMX completed NOS Clearing integration; and G. H. Financials selected Orc for options clearing.

BT announced BT Netrix HiTouch, a new touchscreen device and TOM offered best execution in ETFs.

Saxo Bank added USDCNH OTC options to its platform.

CQG and DirectFX partnered to add OTC FX using First Derivatives tech.

xCFD now accepts Bitcoin deposits, and launched a mobile app.

FXCM is to offer offshore RMB trading to its global client base.

CMC Markets selected smartTrade's LiquidityFX.

ICAP deployed Perseus LiquidPath for LATAM connectivity.

SIA and Colt partnered to connect Deutsche Bundesbank to T2S and BNP Paribas signed up for wave-1 of T2S direct connectivity.

EdgeConneX launched a new Salt Lake City Edge Data Centre.

Thomson Reuters introduced StarMine Insider Filings Model US.

Azul Systems extended its Zulu Runtime for Java to support Java 8.

People in the news

Eze Software appointed Pete Sinisgalli as CEO.

Adam Sussman joined Liquidnet from TABB Group.