News Centre

BGC Partners Announces The Appointment Of Trading Technology Veteran Eric Hirschhorn To The Role Of Chief Information Officer - Mr. Hirschhorn Brings With Him Over 25 Years Of Experience From Firms Including Bank Of America Merrill Lynch, Morgan Stanley, Citigroup, And Chase Manhattan Bank

Date 06/10/2014

BGC Partners, Inc. (NASDAQ: BGCP) ("BGC Partners," "BGC," or "the Company"), a leading global brokerage company servicing the financial and real estate markets, today announced the appointment of Eric T. Hirschhorn to the role of Chief Information Officer ("CIO"), reporting to Shaun D. Lynn, President of BGC, effective immediately.

UBS MTF Trading Notice: Data Centre Migration 11th/12th October 2014

Date 06/10/2014

On the weekend of 11th and 12th October 2014, the UBS MTF Matching Engine will be migrated from its current location at a UBS proprietary Data Centre, to the Equinix LD4 Data Centre in Slough.

S&P Capital IQ, Kuberre Systems Launch Event Driven Alert Tool To Prioritize And Speed Critical News Flow To Investment Professionals - Event Fusion Aggregates Information From Customized Data Feeds Allowing Investors To Better Manage And React To News In Real Time

Date 06/10/2014

Recognizing investors’ growing needs to gather and manage information flows from multiple sources in order to better react to and anticipate changing market conditions, S&P Capital IQ, a business unit of McGraw Hill Financial (NYSC:MHFI), and Kuberre Systems today announced the launch of a new tool for traders, market makers and portfolio managers. The new product, Event Fusion, offers real-time alerts about relevant news and information affecting investment holdings.  It draws from disparate data sources, culling out news about events that users deem relevant and providing actionable real-time notifications over a wide range of preferred devices. 

BGC Partners Announces The Departure Of Yevette Tierney From The Role Of Chief Information Officer

Date 06/10/2014

BGC Partners, Inc. (NASDAQ:  BGCP) ("BGC Partners," "BGC," or "the Company"), a leading global brokerage company servicing the financial and real estate markets, today announced that Yevette Tierney, Chief Information Officer, has left the Company to pursue other interests, effective immediately.

MCO Europe Launches As McObject’s Exclusive Financial Tech Distributor In UK & Europe

Date 06/10/2014

MCO Europe Ltd announced today that it is now the exclusive European distributor forMcObject’s eXtremeDB Financial Edition®, the ultra-high speed data management technology for prop- and algo-trading applications. The growing popularity of the product is due to a market-winning combination of unbeatable processing speeds and readily-available programmers.

HKFE Announces Revised Margins For Esprit Holdings Futures

Date 06/10/2014

Hong Kong Futures Exchange Limited (HKFE), a wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited (HKEx), has announced that with effect from the commencement of trading on Wednesday, 8 October 2014, the minimum margins to be collected by an Exchange Participant from its clients in respect of their dealings in the following futures contract will be as outlined in the table below. The adjustments are based on the clearing company’s normal procedures and standard margining methodology.

The Johannesburg Stock Exchange Purchases The Denodo Data Virtualization Platform To Enable Its New Enterprise Data Access Layer

Date 06/10/2014

Denodo Technologies, the leader in data virtualization, today announced that the Johannesburg Stock Exchange (the JSE) has purchased the Denodo Data Virtualization Platform and will deploy it to enable its new project.

Exegy Enhances Virtual Order Book, Java API, And Appliance Capacity

Date 06/10/2014

Exegy Inc. has released new versions of its hardware-accelerated Ticker Plant and Market Data System appliances along with an updated Exegy Client API to meet growing demands from sell-side agency businesses, market makers, and proprietary traders.  The 3.3 versions of the appliances and API significantly enhance Exegy’s virtual order book capabilities which provide composite views of financial instruments across multiple markets.  In addition to dynamically selecting the markets that contribute to a composite data view, applications may now view the normalized trading state of the instrument on each contributing market.  In addition, applications may optionally choose to filter price contributions to the composite view based on the normalized trading state of the instrument on the given market.  The Exegy normalized data model also has been enhanced to allow users to respond to Request For Quote (RFQ) events.  “Smart Order Routing applications represent a significant and growing proportion of the Exegy user base,” says chief technology officer David Taylor.  “We worked closely with our customers to identify product enhancements that would result in higher fill rates and more profitable trading decisions,” adds Taylor.

TriOptima And LCH.Clearnet’s SwapClear Complete The First South African Rand Compression Cycle For Cleared Swaps - $284.3 Billion Eliminated In Notional

Date 06/10/2014

October 6 2014 TriOptima, leading provider of OTC derivative post trade services, announces that LCH.Clearnet’s SwapClear members have eliminated $284.3 billion in notional in the first triReduce and SwapClear compression cycle for cleared South African rand (ZAR) interest rate swaps. 

Third Quarter 2014: Equity Trading On Vienna Stock Exchange Still Brisk, Market Sentiment Dims

Date 06/10/2014

• Equity trading still at high levels (+25% ytd), but gloomier sentiment weighs on ATX performance
• UK and US institutional investors show renewed interest in Austrian stocks, accounting for approx. 40% of trading – investor base continues to diversify as far as UAE and China
• BKS Bank capital increase starts today
• Shorter settlement cycle for securities (2 days) from 6 October