Trading systems
Sparring over global valuation
Dealers have typically used a variety of pricing models that are specific to certain asset classes and instruments. But is it possible for banks to build global models that can be used to price instruments across asset classes? Matt Cameron reports
Liquidnet debuts offshore alternative trading in New Zealand
New Zealand is poised to have what is believed to be its first offshore dark pool when Liquidnet launches its trading operation on June 22.
Korean securities firms seek new technology to offer complex products
Hyundai Securities’ signs landmark deal with Sophis in bid to offer more complex products
Options exercise process subject to operational risks, say experts
Manual processes in exercising or abandoning listed options positions are being handled by ops teams
Korean securities firms seek new technology to offer complex products
Hyundai Securities' technology deal with Sophis may be the start of a trend as Korean firms build their structured products capabilities
Investigations find no evidence of 'fat finger' errors in US trading fall
NYSE, SEC and CFTC claim 'fat finger' error not the cause of last week's stock market plunge.
Icap Energy head: Oil broking screen a response to "regulatory times"
Interdealer brokerage Icap Energy will launch a combined voice-electronic broking service for over-the-counter (OTC) crude, fuel oil and middle distillate swaps, subject to regulatory approval. The service, entitled Icap TrueQuote, will offer straight…
Lighting up dark pools
The Singapore Exchange’s planned launch of Asia’s first exchange-backed dark pool may indicate the region’s dominant exchanges are ready to take on brokers providing internal crossing systems for anonymous block trades. At the same time, it offers dark…
Parity Energy introduces WhenTech valuations
Electronic trading platform Parity Energy has launched real-time option pricing through a collaboration with WhenTech Markets, a risk management and pricing software programme.
March of the machines
Electronic trading is gaining ground in the Asian derivatives market as financial institutions and their clients seek to gain advantage from more efficient trading capabilities. But the financial crisis has demonstrated that relationship-based trading is…
DTCC and Markit ready for MarkitServ launch
London-based data provider Markit and the New York-based Depository Trust and Clearing Corporation (DTCC) are ready to launch MarkitServ - a joint venture to provide trade-processing services to the over-the-counter derivatives markets.
Where to next?
Energy trading is experiencing rapid change and it can be difficult for ETRM software to keep pace. Rachel Morison finds out which issues software vendors are tackling and what they expect next-generation software to achieve
Smaller brokers move into the fast lane
Keen to take advantage of opportunities presented by the current economic climate, smaller brokerages are moving beyond the limitations set by a traditional hosted trading platform model, explains John Beck of Waters magazine.