Trading and operations systems provider ION has launched connectivity to the recently launched FMX Futures Exchange. The connectivity will allow firms to trade via ION’s execution and post-trade product suite, officials say. ION will support transactions via the new futures exchange through ION’s “cleared derivatives front-, middle-, and back-office platforms.” ION’s offerings for cleared derivatives… Read More >>
Derivatives Firms Take Ransomware More Seriously: Q&A
(Editor’s note: In late January, ION Cleared Derivatives, part of the ION Group, reported “a cybersecurity event,” which was a ransomware attack that set off a crisis for the global processing of cleared derivative instruments. The attack got the attention of the CFTC and the Futures Industry Association (FIA) as company officials worked to resolve… Read More >>
Data’s Value Drives Acquisitions by ION & Liquidnet
Whatever IT disruptions are ahead, it’s clear that data, analytics and research are going to play key roles and are still top priorities as evidenced by two acquisitions announced on May 13. ION Investment Group has purchased for an undisclosed amount a controlling stake in Acuris, a provider of proprietary financial intelligence, data and analytics…. Read More >>
SS&C, ION & Temenos Vie for Fidessa
The “Fidessa Chronicles” plot thickens as the trading systems vendor has revealed that SS&C Technologies and ION Investment Group are the formerly secret suitors that put forth offers earlier this week, countering the bid from Temenos. In the latest announcement, “Response to press speculation,” the Fidessa board “notes the press speculation in relation to potential… Read More >>
