BennBridge Rolls Out iRecs Platform London-based BennBridge Ltd. a multi-boutique investment firm, has implemented the iRecs trade reconciliation platform from Watson Wheatley Financial Systems, officials report. Tom Wheatley, chief operating officer (COO) for Watson Wheatley, reports that the BennBridge project requirements “were relatively complex” but that the application was successfully rolled out to… Read More >>
CME Launches Ether-Dollar Reference Rate & Index
Crypto Facilities to Provide Calculations for New Services CME Group, the derivatives marketplace, and Crypto Facilities Ltd, a cryptocurrency trading platform, report the launch of the CME CF Ether-Dollar Reference Rate, which will provide a daily benchmark price in U.S. dollars at 4 pm London time, and CME CF Ether-Dollar Real Time Index, which will… Read More >>
CQG Adds Support from Quantitative Brokers
With the buy side in mind, trading tools provider CQG is adding to its platform algorithms, analytics, transaction cost analysis (TCA) and post-trade FIX support from Quantitative Brokers (QB), intended to help firms better navigate futures and US Cash Treasury markets. The CQG platform offers trading, market data, and post-trade technical analysis tools. “CQG has… Read More >>
Quantitative Brokers Taps IHS Markit for New CEO
Also Thomas Ascher is QB’s New Executive Chairman of the Board Quantitative Brokers has hired Ralf Roth, IHS Markit’s former equities division chief technology officer (CTO) to be its new CEO and named industry veteran Thomas Ascher to be the next executive chairman, officials say. Starting December 18, Roth will take the reins as CEO… Read More >>
CFTC Hires Director for Swap Dealer Oversight Division
Partner from Steptoe & Johnson Law Firm Joins as DSIO Director Arrivals and departures are continuing at the CFTC. Matthew B. Kulkin has been named director of the CFTC’s division of swap dealer and intermediary oversight (DSIO), joining from the Steptoe & Johnson LLP law firm, where, as a partner, he “advised financial market participants… Read More >>
Liquidnet Names Head of Technology for EMEA
Liquidnet Creates New Technology Role Liquidnet reports the appointment of Patrick Strobel as head of technology for EMEA, which the institutional trading network calls a “newly formed role.” Stroebel joins Liquidnet’s global technology group, reporting to Bob Garrett, head of technology. Strobel will be responsible for “building out Liquidnet’s strategic IT architecture in EMEA… Read More >>
Guy Cirillo Re-Emerges at Quantitative Brokers
Industry veteran Guy Cirillo has re-emerged at Quantitative Brokers, a broker-dealer and algorithm provider, where he has been appointed head of partnership sales, and tasked with launching business and product initiatives via the firm’s strategic partners. Until the end of last year, Cirillo served for 12 years as head of global business development at Credit… Read More >>
