Automated Trader Updates
First Published 19th July 2012
Automated Trader Q3 looks at regulatory landscape, more articles on India, LME selects Cinnober, KVH CallPORT announced, Horizon provides DMA to BM&FBOVESPA, Chi-FX Brazil to launch in Q4, euNetworks extends Europe network, Deutsche Bank launches FX on Autobahn, Exegy announces Journal & Replay, ANZ employs Progress FX Solution, BATS elects chairman, MarketPrizm expands Asia team, Annalisa Sarasini joins smartTrade, ITRS appoints Mark Loader, Tradition expands management, Nomura appoints Jacques Cailloux
What's in store for high frequency traders as regulators float
various ideas for curbing trade? Be sure to check out our
in-depth look here, the latest in the Automated Trader series
on the regulatory landscape from our Q3 edition. We've also posted
more articles on India, including a look at
competition among exchanges, and market reaction to
algo rules by the Indian regulator.
London Metal Exchange selected Cinnober as its new technology
partner. Cinnober will provide LME Clear with its TRADExpress
RealTime Clearing system.
KVH and Interactive Intelligence partnered to provide cloud-based contact center business KVH CallPORT.
Analytics provider Numerix said it had published a paper that establishes a new algorithmic method for calculating counterparty exposure for exotic portfolios, with important implications in the context of Basel III.
News from Brazil as Horizon Software announced the availability of DMA to BM&FBOVESPA and Chi-FX Brazil started a participant certification process. Developed in alliance with BM&FBOVESPA, the Chi-FX platform is expected to launch in the fourth quarter.
Borsa Italiana and the Johannesburg and Mongolian Stock Exchanges all migrated to the LSE's trading platform Millennium Exchange. Meanwhile, Fidessa upgraded its Canadian trading platform.
Products and services
euNetworks extended its 8.8 Terabyte network from London to Dublin, enabling a complete service portfolio across Europe; Deutsche Bank launched an FX trading platform on Autobahn; Exegy announced its new Journal & Replay product, a set of tools designed to help businesses deluged with data; Interactive Data introduced a new version of FutureSource Workstation, a platform designed for the energy, commodities and futures markets; and Australia & New Zealand banking group (ANZ) brokers can now employ Progress Apama's FX Aggregation Solution.
People in the news
Having previously agreed to separate the roles of chairman and CEO, BATS Global Markets announced the election of former SEC commissioner Paul Atkins as chairman; MarketPrizm expanded its team in Asia with the appointment of Cindy Yeo as a new director; and Annalisa Sarasini joined smartTrade Technologies as Global Head of Sales based in London.
ITRS named Mark Loader Head of Sales for the Asia Pacific region; Tradition expanded the TraFXpure management team with two new hires; and Nomura appointed Jacques Cailloux as Managing Director and Chief European Economist.