Technology
Iris hires ex-SunGard consultant to spearhead sales
Swiss risk management company Iris has appointed Roberto Olivieri as vice-president in its sales and marketing unit.
TriOptima executes more CDS tear-ups
TriOptima, the Stockholm-based company specialising in multilateral swaps terminations, conducted a further round of the US Dow Jones CDX credit default swap (CDS) index tear-ups yesterday, tearing up $650 billion in notional with a mark-to-market value…
Algorithmics wins European credit registry contract
Algorithmics, the Toronto-based risk management software company, is to help run a planned Europe-wide credit data service.
T-Zero expects more trades this month following Friday debut
UK-based credit derivatives platform T-Zero expects to see more trades in the next couple of weeks following its inaugural trade on Friday, says Mark Beeston, the platform's president.
SuperDerivatives launches equity option pricing service
New York-based option pricing software company SuperDerivatives has expanded its valuations service into the equity asset class. This supplements its existing option pricing service in foreign exchange and its recent foray into interest rate products on…
GFI and Traiana offer processing boost for forex options trading
Foreign exchange options trading may get a boost with broker GFI and technology vendor Traiana both launching automated processing services in the market.
OneChicago seeks BookDepth traction
Chicago-based equity stock futures exchange OneChicago is preparing a marketing push to boost usage of the depth-of-book data it now distributes over CFN (CBOE Financial Network) from its co-parent Chicago Board Options Exchange.
MarketAxess launches CDS index trading platform
MarketAxess has launched a multi-dealer credit default swap (CDS) index trading service in London and New York. The New York-based company is targeting end-users to use the service.
Technology news
Technology news
Markit adds base metals to valuations tool
London-based Markit has added valuations for base metals derivatives traded in London to its Totem service. Until now, its commodity valuation service covered a range of energy contracts and precious metals.
JP Morgan joins Bloomberg SwapTrader
JP Morgan has become the latest investment bank to provide prices through SwapTrader, Bloomberg’s multi-dealer euro interest rate swap dealing platform for end-users launched in February, signalling a further move towards the electronic execution of…
Markit and MarketAxess team up
MarketAxess, a New York-based multi-dealer trading platform, has subscribed to Markit’s Reference Entity Database (Red) service for its credit derivatives index trading system, which it is expected to launch in September.
JP Morgan offers clients collateral service
JP Morgan Chase has developed a collateral management service called JP Morgan CommanD.
TT reaches retail market through NinjaTrader
Trading Technologies (TT) has signed a partnership with retail trading software supplier NinjaTrader, allowing it to provide access to its exchange gateways to the retail market-place for the first time.
FfastFill and Trading Technologies partner on X Trader
FfastFill has agreed to integrate Trading Technologies' (TT) X Trader front-end with its own middle-office software, and will provide both applications as a complete package.
DTCC reveals Deriv/Serv expansion
The Depository Trust and Clearing Corporation (TCC) has expanded its Deriv/Serv matching and confirmation service to provide support for trades in interest rate swaps and swaptions, equity swaps and variance swaps.
Patsystems expands derivatives presence with Tamesis takeover
Trading technology specialist Patsystems has bought the loss-making financial software company Tamesis, in a move that it expects will allow it to develop its derivatives market presence.
Deutsche's Beeston will head Creditex spinoff
T-Zero, a newly launched company spun-off from Creditex to improve credit derivatives processing, has named Mark Beeston as its first president.
Icap will use DTCC to process credit derivatives
UK inter-dealer broker Icap will use the Depository Trust & Clearing Corporation (DTCC) for post-trade processing of credit default product transactions from September.
Webcast >> Op Risk Technology
OPERATIONAL RISK gathered together top technology executives in June to debate the future of the op risk discipline.
In pole position
Technology
Shell picks ZaiNet for carbon trading
Shell Energy Trading has licensed the ZaiNet emissions trading software, produced by SunGard, to manage its global carbon dioxide portfolio.
Commerzbank signs up for CDOSheet in NY
Tech News