MST Capital in Australia has selected TradingScreen’s execution management system, TradeSmart. The EMS will be used across FX, equities and derivatives markets, MST has also taken TradingScreen’s transaction costs analysis offering.
RBC Investor Services has launched a derivatives platform to deliver middle and back-office services to listed and over-the-counter derivatives. The global platform will support a range of derivatives products and services such as trade processing, independent derivatives valuations, cash flows and collateral management.
“Global clients are increasing their investments in listed and OTC derivatives using a convergence of traditional and alternative investment strategies,” the company says. “Client migrations to the platform have already begun and will continue in 2013 with the integration of the new central clearing requirements in the global operating model.”
Software and consulting company First Derivatives has bought three London-based companies, Redshift Horizons Ltd, Redshift Horizons LLP and Cowrie Financial, which provide software and services related to electronic trading systems. First Derivatives will pay a maximum of £3.15 million in a cash and shares deal. The founders of Redshift and Cowrie, Tom Kozlowski and Anjum Waheed, will join the company.
First Derivatives’ chief executive Brian Conlon says the acquisitions are in line with the company’s strategy and would further enhance the capabilities and scope of its Delta software suite. “Both companies have successful track records of developing profitable results and excellent service delivery and we believe the expertise of the Redshift and Cowrie teams will prove highly complementary to our workforce of world-class technology professionals,” he says.
FXstreet.com’s news and analytics is now available on MetaQuotes Software’s popular retail FX platforms, MetaTrader 4 and MetaTrader 5. FXstreet.com’s feed provides a technical radiography of the most traded currency pairs and the market’s latest movements, together with analysis and banks’ forecasts for making trading decisions. The feed also includes stocks and commodities news, economic indicators, including central banks interest rate decisions and non-farm payrolls, technical studies and charts. The news and analytics are available on the platforms in nine languages – English, French, German, Spanish, Chinese, Arabic, Indonesian, Russian and Turkish.
“We decided to put together a news feed as we detected traders’ need for purely forex technical news,” says Francesc Riverola, president and founder of FXstreet.com. “To become a news feed of reference for traders is our obsession and the MetaTrader integration is another step in the right direction.”