Treasury & Capital Markets (TCM)


Nasdaq OMX helps Polish clearing house prepare for EMIR

Polish clearing house KPDW CCP has deployed technology from Nasdaq OMX to help it meet the European Commission’s new EMIR rules on OTC derivatives. Under EMIR, the majority of OTC derivatives will have to be centrally cleared via central counterparties. The rules are intended to reduce systemic risks in financial markets by removing the possibility […]

Eurex inks deal with Taiwan Futures Exchange

The Taiwan Futures Exchange is to list futures and options on German derivatives exchange Eurex, following an agreement between the two bourses to make it easier for international investors to access each other’s markets round the clock.

Euroclear Bank opens up Russian bond market

Euroclear Bank has begun clearing and settlement for Russian ruble-denominated OFZ government bonds – a market worth US$100 billion, according to figures provided by Baring Asset Management.

Funds managers sign with Eurex for OTC derivatives clearing

Next month, the European Commission’s EMIR regulation on the central clearing and reporting of OTC derivatives is due to take effect in Germany. Investment managers Insight Investment and OFI Asset Management have begun clearing OTC derivatives on Eurex via its new service, EurexOTC Clear.

India’s MCX-SX prepares for February launch

Indian exchange MCX Stock Exchange has set a date to begin trading in equity derivatives, in a move that opens up a new front in the competition between India’s dominant BSE and NSE exchanges.

Japan Exchange merger attracts algo trading specialists

As Asian markets continue to lure international investors, participants on Japan’s new Exchange will now be able to get market access and algorithmic trading tools from data and analytics company S&P Capital IQ, which has chosen to locate itself at KVH’s datacentre in Tokyo.

Low frequency trading

Hats off to Rising Sum, which has built a platform that identifies investment opportunities “using the acquisition criteria favoured by Berkshire Hathaway, Warren Buffet’s highly successful investment vehicle”.

NSD builds business intelligence as Moscow goes for gold

Russia’s central securities depository NSD is to get a complete business intelligence overhaul through a joint project with consultancy Optima Group. The deal should help bolster NSD as one of the key pieces in the government’s strategy to turn Moscow into an international financial centre.

CME gears up for European OTC deluge

As new rules for the central clearing of OTC derivatives loom ever larger on the horizon in both Europe and the US, technology is helping to make the transition easier – but the kind of contracts being traded may well change, according to CME Group.

Banish Missed Trade Misery …

A study shows that 62% of City traders “admit to missing key investment or sell opportunities because they didn’t keep track of time zone differences”.

Finalists named for London banking ideas challenge

Seven innovative start-up companies have been chosen to take part in a major new London-based project that aims to bolster advanced technologies in financial services. The seven firms will participate in a twelve-week programme in which they will gain support from the major banks and gather interest from venture capitalists and investors.

Information Mosaic sets out tools for T2S

Software company Information Mosaic has released an improved version of its corporate actions tool, IMActions, which it says will help banks and CSDs prepare for T2S.

Rise of the machines: banks embrace automation despite the cost

Flawed decisions taken by machines are causing financial services firms to lose customers and suffer unexpected costs, according to new report by the Economist Intelligence unit. Yet retail banks are increasingly turning to technology to assess customers.

Industry “not ready” for OTC derivatives reform

Four out of five financial institutions are not ready for new regulations governing the trading, reporting and clearing of OTC derivatives, according to a new survey by US communications company IPC.

Saxo Bank gobbles up Turkey business

Online investment bank Saxo Bank has opened an office in Istanbul, Turkey, following its acquisition of local broker Değer Menkul Değerler in May last year.

East Africa Exchange opens in Rwanda

The newly created East Africa Exchange, which is currently taking its first steps in Rwanda, is part of a regional integration project between Burundi, Kenya, Tanzania and Uganda that aims to boost liquidity and provide a commodities market for 130 million people across the region.

Chilean broker imports UK trading technology

Chilean broker Banchile, part of Santiago- based Banco de Chile, has deployed a brokerage platform from UK systems supplier Fidessa that will link it to international trading venues.