ISDA Wants CDM to Restructure the Market The International Swaps and Derivatives Association (ISDA) has published the “full version of the ISDA Common Domain Model (CDM) for interest rate and credit derivatives,” which ISDA officials hope will serve as “a common blueprint” for restructuring the foundations of the market. To facilitate that restructuring, ISDA will… Read More >>
How to Cope With UMR Compliance: Q&A
(Editor’s Note: Much has been made about buy-side firms and if and when they will have to comply with Uncleared Margin Rules (UMR) and key requirements of the European Union and the U.S. The industry has started to focus on the operational processes they will need in order to comply with the Basel Committee on… Read More >>
Loyalty Erodes As Buy Side Rethinks Broker-Dealers
Market research firm Greenwich Associates has found that behind “a remarkably stable” ranking of the top broker-dealers serving the buy side, it is wrong to assume that blind loyalty is ruling the day. In fact, in a new report, “Customer Retention in an Age of Electronic Trading,” the researchers found that “beneath the surface buy-side… Read More >>
IPC Extranet Links to Crypto-Trading Gateway
IPC Systems, a voice-trading, electronic communication and networking solutions vendor, is launching a partnership that facilitates extranet access to a platform from newcomer Omniex that supports the trading of digital assets via cryptocurrency exchanges and over-the-counter (OTC) venues. With this move, IPC is targeting buy- and sell-side firms that want to start trading digital assets,… Read More >>
Buy-Side Traders Question Need for CAT: Report
The big data project, the consolidated audit trail (CAT) to collect every order, cancellation, modification and trade execution for all exchange-listed equities and options transacted via U.S. financial markets, apparently had some doubters on the buy side before the project hit a major snag earlier this month The concerns of buy-side equity traders about the… Read More >>
JPMorgan Extends ‘Algo Central’ via Bloomberg Terminal
JPMorgan is offering its clients access to its electronic foreign exchange (FX) trading service, Algo Central, via the Bloomberg Terminal and is the first global bank to do so, according to JPMorgan and Bloomberg officials. The bank is offering the Algo Central institutional execution services on the Bloomberg App Portal at {APPS <GO>}, and is… Read More >>
Buy Side Can Access Fenics UST via QuantHouse
New API & QuantLink Access via QuantHouse QuantHouse, a provider of market data services, an algo trading platform and infrastructure solutions, can now offer its buy-side clients “quick and streamlined access to normalized real-time and historical data to trade the U.S. cash treasuries market” via a new link to the Fenics USTreasuries platform. The… Read More >>
Temenos Offers NAV Oversight via Bloomberg Terminal
Temenos Collaborates with Bloomberg Banking software vendor Temenos is collaborating with Bloomberg to deliver contingency Net Asset Value (NAV) calculations to buy-side institutions via the Bloomberg terminal. Temenos is making its Multifonds Global Accounting product accessible via the Bloomberg Terminal, so that it will operates with data, analytics, and other investment workflow services from Bloomberg,… Read More >>
Buy-Side Firms Are Embracing Outsourced Trading: Report
Buy-side firms are warming up to the use of outsourced trading desks as a recent study via Greenwich Associates, a market research firm, is showing that more firms are turning to these services and reporting high levels of satisfaction. However, some firms are still resisting the charms of outsourced trading and want to retain control… Read More >>
NEX Optimisation Provides Access to FX Novation Service
NEX Infinity Users Get Access to Capitolis Customers of the NEX Infinity platform now have access to the automated foreign exchange (FX) novation service of U.S. startup Capitolis via a partnership intended to appeal to the customers of banks, prime brokers and financial services firms that are FX market participants. Most novations are completed via… Read More >>
