Month: February 2013

And Another Thing…

Why is it some things in life – totally unimportant as they are – just make you grumpy? Monday just highlighted to me how utterly useless some (and I should stress the word “some”) of the retail-targeted research and strategy emails I receive are. To me, good strategy pieces tell the reader what the writer […]

BGC Partners Acquires Sterling Brokers

BGC Brokers, an entity of BGC Partners, has acquired the business and a number of assets of London-based broking company, Sterling International Brokers. Sterling, which specialises in traditional money broking services including the execution of money market deals in sterling, euro and other major currencies as well as related derivative products, was previously owned by […]

Barclays Extends Aggregator to Clients

Barclays has launched Barx Gator, a spot aggregator for clients, which was originally developed for the bank’s own trading teams. Gator is an execution tool that brings spot venues together and combines them with Barx PowerFill orders and Barclays’ own liquidity. The smart order router has been under beta release to clients for about a […]

And Finally…

This will probably be a much more informed column in a couple of weeks but I wanted to get the issue out there early and maybe return to it at a later date – the future of the single dealer platforms. Ever since Messrs Dodd and Frank did their stuff the doomsayers have been out […]

Around the World

Raiffeisen Bank Polska SA becomes first KDPW_CCP participant. Raiffeisen Bank Polska SA has become the first entity to become a member of the clearing house KDPW_CCP for OTC derivatives clearing. The clearinghouse, in partnership with experts from Poland’s biggest banks, has developed the service for the Polish market, which has been available since 2 January 2013. […]

Tech Corner

Following a soft launch in 2012, Elysium Technology Group (ETG) says it has completed the beta testing phase of its post-trade workflows system, ETG Fill Station, with a large institutional broker-dealer. The company has also released a new version of the offering, available immediately to all active ETG clients. ETG Fill Station was developed to […]

On the Move

AIMA Appoints Deputy Chairmen and Investor-Appointee The Alternative Investment Management Association (AIMA) has appointed Andrew Bastow and Chris Pearce as deputy chairman and Robert De Rito as the new investor-appointee from its board of directors. Bastow is head of government and regulatory affairs and general counsel at Winton Capital Management. In his role as general […]

Dion Integrates OTC IR Contract Data

Dion Global Solutions has integrated data on over-the-counter interest rate (IR) contracts from Tullett Prebon Information. The company began taking interest rate swaps (IRS) from Tullett earlier this month to support the pricing of interest rate options on the platform, following requests from clients, particularly in the corporate treasury space, says Dion. The addition of […]

Nomura Partners with Gold-i to Strengthen Retail Footprint

Nomura has signed up to supply liquidity on the Gold-i Gate Bridge platform. The Gold-i Gate Bridge is a low latency smart routing product that works with any global asset class in both institutional and retail trading. Through the bridge offering, Gold-i provides access to 27 liquidity providers including banks, ECNs and brokers. Mark Burroughs, […]

Saxo Bank Re-Launches MT4 Platform

Saxo Bank, is re-launching its MetaTrader4 platform, ForexTrading.com, with a new name, SaxoMT4. Saxo says investors will be able to trade at any time, from anywhere, using their SaxoMT4 account, with the SaxoMT4 mobile or Metaquotes MT4 mobile trading applications. Users can also access their accounts through SaxoMT4 Web Trader. In 2011, Saxo Bank acquired […]