News Centre

Enterprise Data Management Council Releases Its First Formal Ontology Standard - FIBO Foundations Approved As Official OMG Standard

Date 02/06/2015

The Enterprise Data Management Council (EDM Council) received approval for FIBO Foundations as the first of thirty data content standards for the financial industry.  The Financial Industry Business Ontology (FIBO) is an open standard for defining the business terms and relationships associated with financial instruments, pricing concepts and financial processes.  These “common language” standards are used to align the way financial institutions describe complex financial instruments and financial processes so that industry participants and regulators can harmonize reporting, validate data quality, aggregate transactions and analyze risks across the global financial system.

CME Group Executive Chairman And President And Chief Financial Officer To Present At Sandler O'Neill Conference

Date 02/06/2015

CME Group announced today that Executive Chairman and President Terry Duffy and Chief Financial Officer John Pietrowicz will present at the Sandler O'Neill 2015 Global Exchange and Brokerage Conference, in New York, at Le Parker Meridien, on Thursday, June 4, 2015, at 3:00 p.m. (Eastern Time).

Statement Of CFTC Commissioner J. Christopher Giancarlo For The Market Risk Advisory Committee Meeting

Date 02/06/2015

Federal government policies are making America’s Futures Commission Merchants (FCMs) an endangered species. The most recent example is the storied commodities firm, Bache, founded in 1879, that is now being dismembered. A French bank is acquiring a portion of it, while thousands of its clients are being told to find new FCMs to serve their business needs.

CNBC Names 6 Xignite Fintech Clients As Top Disruptors - Financial Technology Firms Account For 10 Percent Of CNBC Disruptor 50 Ranked Companies

Date 02/06/2015

Xignite, the leading provider of market data cloud solutions, is proud to announce that six of its clients have been recognized as leaders amongst the most disruptive start-ups revolutionizing business around the globe, according to the 2015 CNBC Disruptor 50 list of private companies whose innovations are revolutionizing the business landscape.

Calypso Introduces Bank-In-A-Box For Capital Markets

Date 02/06/2015

Calypso Technology, Inc., the standard for treasury and capital markets software, has developed an industrialized blueprint for reducing complexity and cost in banks. The Calypso Bank-in-a-Box solution is a complete, auditable target operating model for capital markets with pre-figured business processes and operating manuals. With it, banks can focus more on revenue and less on technology.

Kx Systems Announces OEM Deal With CoreOne Technologies - CoreOne Technologies Selects kdb+ For High-Performance Big Data Analytics

Date 02/06/2015

Kx Systems, a leader in high-performance database and time-series analytics, has signed an OEM license agreement with CoreOne Technologies, a leading provider of financial data management services to the securities industry. This partnership equips CoreOne Technologies with the kdb+ database, enabling the greater ability to manage growing client data volumes and perform complex analytics quickly.

ICE Announces Record Open Interest In Gasoil Futures - Strong Uptake Of New Low Sulphur Contract Surpasses 2011 Record

Date 02/06/2015

Intercontinental Exchange (NYSE:ICE), the leading global network of exchanges and clearing houses, today announced that ICE Low Sulphur Gasoil futures reached record open interest of 723,246 contracts on June 1, 2015. The previous record of 721,784 contracts was set on February 23, 2011.

Industry’s Most Advanced Load Scheduling Optimization Reduces Supply Costs And Enhances Profitability For Retail Providers - Genscape And ESCOWare Partner To Deliver Automated Solution Combining Best-Of-Breed Price And Demand Forecasting Capabilities

Date 02/06/2015

Genscape and ESCOWare today announced the availability of a new Price-Optimized Scheduling module within ESCOWare’s Demand Forecasting System (DFS). This module is the first of its kind in the industry, generating a Day-Ahead Schedule that is based on ESCO’s DFS load forecast and Genscape’s PowerBuyer® price forecast. 

Exactpro Systems Is Now Part Of London Stock Exchange Group

Date 02/06/2015

Exactpro Systems announced on May 29 that London Stock Exchange Group had acquired 100% ownership of the business.

CME Group Volume Averaged 14.1 Million Contracts Per Day In May 2015, Up 8 Percent From May 2014

Date 02/06/2015

• Foreign exchange (FX) average daily volume rose 49 percent
• Agricultural commodities average daily volume rose 27 percent
• Energy average daily volume rose 24 percent
• Treasury average daily volume rose 12 percent