Trading Technology

Latest Headlines

Latest Headlines

OpenBondX, MTS Markets and MarketAxess all launch products in e-bond trading race

The electronic bond trading space continues to see a flurry of new product announcements with expanded e-trading offerings from MTS Markets, OpenBondX and MarketAxess. The moves come as bond market observers continue to decry the reduced broker inventories in corporate bonds and speculation persists as to when interest rates may begin to rise in the U.S.  

Moscow Exchange moves to broaden international reach and increase connectivity speeds

Moscow Exchange plans to broaden its reach to new markets and increase the speed of its existing international connections through the use of TMX's Atrium infrastructure.

Bringing closure to acquisition saga, GFI board supports BGC takeover bid

After months in which BGC Partners and CME Group competed through escalating bids to acquire GFI Group, the outcome became clearer Friday when the GFI board unanimously agreed to support BGC's tender offer. The agreement comes weeks after GFI shareholders voted down the proposed CME takeover.

Societe Generale Prime Services acquires minority stake in GMEX Group

Societe Generale Prime Services is acquiring a minority stake in Global Markets Exchange Group, the exchange business expected to launch later this year focused on new products, including a new interest rate swaps future product. Societe Generale Prime Services is the second minority investor in GMEX Group following an investment from Deutsche Borse Group.

Looking back on the first year of SEF trading through end-of-year data

In 2014, the made available-to-trade deadline served as an official starting gun, kicking off electronic trading on newly-minted electronic swaps execution facilities in an industry where trading has historically been transacted bilaterally. Along with the new SEF trading came data about the transactions that occurred on them, granting more insight into a previously shrouded market.

Australian Exchange begins massive overhaul with migration to multi-asset trading platform

The Australian Securities Exchange is planning to overhaul its trading architecture, beginning by replacing its equities and derivatives trading system with a common, multi-asset class, multi-currency platform. The new equities and derivatives platform will be part of the first phase of a three- to four-year project that will eventually involve upgrades to all of ASX's major trading and post-trade platforms.

Buy side fails to embrace multi-asset class trading platforms

Even though multi-asset class trading has become prevalent among buy-side firms, multi-asset class trading platforms have not, according to a recent study by Greenwich Associates. The study, which...

Tech analysis, social media sentiment lead Bloomberg App Portal trends

Applications that provide technical analysis of market information have proved to be among the most popular for users of Bloomberg's App Portal, followed by apps that offer sentiment analysis of Twitter or other social media channels.

CME to shutter most open outcry futures trading in Chicago and New York

With open outcry futures trading now making up just one percent of CME Group's total futures volume, the company is announcing plans to close most of its futures trading pits in Chicago and New York by July 2.

SS&C says Advent acquisition is a progression to cloud

In announcing the $2.7 billion acquisition of Advent Software, SS&C Technologies executives said the acquisition capitalized on a trend of increased outsourcing in financial services and will further the industry's move to the cloud.