Guild Exits HSBC, Establishes Consultancy Firm

Allan Guild has left HSBC after six years, most latterly he was global head of FX and commodities execution in the bank’s Global Banking and Markets Division. During his time at HSBC, Guild was also COO of the FX options business, global head of the middle office as well as of HSBC’s FX and commodities […]
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Nice Actimize Unveils Surveil-X Conduct

In an effort to reduce what it terms “the growing risks associated with employee misconduct and market abuse in this current environment”, Nice Actimize has announced the launch of Surveil-X Conduct, a package of machine learning-based applications which the firm says helps financial services organisations assess, manage and mitigate a broad range of conduct risks across the enterprise, […]
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Markts, XTRD, Partner for Crypto Access

TradingScreen’s Markts subsidiary has partnered with digital assets connectivity provider XTRD to enable end-users to connect to an additional set of crypto exchanges on the Markts order and execution management system. This integration will enable connectivity to a further 20-plus exchanges, the firms say and expand the list of venues enabled on the Markts platform. […]
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BestX Adds Equities to Product Suite

State Street’s BestX has expanded its execution analytics software and launched a post-trade transaction cost analysis (TCA) module for equity markets. Covering global stock markets, the new functionality provides clients with benefits of the BestX Web interface alongside flexible data analysis, report configuration and generation. “We responded to our clients’ needs by expanding BestX to […]
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Sucden Adds TY3 Connectivity

Sucden Financial has launched its TY3 (Tokyo) matching engine, in conjunction with FlexTrade Systems. The new matching engine targets Asia-Pacific clients, providing a reduction in cross-region latency and an overall enhanced experience, with improvements to liquidity and price discovery during Asia trading hours. Combined with Sucden Financial’s established NY4 and LD4 infrastructure, the addition of […]
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Gresham Acquires Inforalgo

Gresham Technologies has announced the acquisition of Capital Markets data automation specialist, Inforalgo Information Technology. Inforalgo offers, cloud-hosted, STP solutions and automation technologies for financial institutions, which enables customers to benefit from having their complex real-time connectivity delivered as an automated service. The acquisition of Inforalgo extends Gresham’s Clareti portfolio of cloud services with over 80 adaptors […]
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Wikstrom Joins Capitolis

Dr Petra Wikstrom has joined Capitolis as business development executive for the buy-side in the Americas. She will report to Ben Tobin, global head of sales at the firm and be based in New York. Wikstrom has been working for Greenwich Associates as a consultant for just over a year having left BNP Paribas in […]
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In the FICC of It

There is plenty to talk about for this week’s podcast as Colin Lambert casts an eye over EBS’s plans to alter its matching engine infrastructure and shares some of the feedback he has received. He then has time to launch into a diatribe about the results of a survey last week indicating that spreads are […]
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Two FX Specialists Leave IHS Markit?

Industry sources tell Profit & Loss that two FX specialists have left IHS Markit. FX market veteran and director in the customer solutions business, Sue Attwood, is believed to have left, as have David Mallinder, director, FX sales at the firm. Attwood’s departure ends an 11-year career at the firm which started when she joined […]
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Cassini Systems, IHS Markit, Team Up for Automated Margining

Cassini Systems and IHS Markit have announced that they are partnering to automate the calculation of margin estimates within the latter’s ThinkFolio service. They claim that the collaboration will, for the first time, provide pre-trade analytics for OTC and exchange-traded derivatives directly within ThinkFolio. Global regulatory updates such as EMIR and Dodd-Frank have resulted in […]
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