Latest Post-trade & ops News: Finextra Research

Machine-readable OTC derivatives contracts move a step closer

Regulatory efforts to introduce more automation in manually-driven over-the-counter derivatives trading have been advanced by the publication of new research into the feasibility of rendering OTC documentation in machine-readable format.

11 April 2011

News/Post-trade & ops

Bolero and Swift agree trade services pact

Internet-based trade finance utility Bolero has brokered an agreement with financial co-operative Swift to use the FileAct network for corporate-to-bank messaging.

29 March 2011

News/Post-trade & ops

CFTC panel recommends HFT curbs

A CFTC technology advisory committee has set out a range of proposals, including the introduction of price collars and a "kill button", to help check high-frequency trading.

02 March 2011

News/Post-trade & ops

FPL launches FIXwiki

FIX Protocol Ltd (FPL) has launched FIXwiki, an interactive Web tool to help the trading community share knowledge and information about the front office protocol.

01 March 2011

News/Post-trade & ops

Finextra signs off for Christmas and New Year break

The Finextra office will be closed after Wednesday 22 December, re-opening Tuesday 4 January.

22 December 2010

News/Post-trade & ops

Swift seeks pilots for collaborative standards management platform

Financial messaging network Swift is assembling a group of pilot users to help define a new collaborative Web-based platform for more efficient standards management.

22 December 2010

News/Post-trade & ops

ECB settles on T2S pricing

The European Central Bank has settled on a delivery-versus-payment price of 15 cents per instruction for the Target 2 Securities system.

19 November 2010

News/Post-trade & ops

Deutsche Börse to buy minority stake in ID's RFQ-hub

Deutsche Börse is buying a minority stake in Investors Derivatives solutions (ID's), a Paris-based technology provider that has developed a request for quotes (RFQ) hub.

09 November 2010

News/Post-trade & ops

Acquisition marks major shift for Swift

Hans Cobben, CEO of new Swift subsidiary Arkelis, says the co-operative's foray into solution vendor ownership is about controlling more than just the network and interface layers.

28 October 2010

News/Post-trade & ops

Deutsche Bank puts TSU to the test with first live corporate

Almost five years since it was among 19 banks to begin testing Swift's Trade Services Utility, Deutsche Bank has conducted its first live transactions with a corporate customer using the utility.

28 October 2010

News/Post-trade & ops

Bank of America Merrill Lynch to launch corporate Swift service bureau

Bank of America is to create a global Swift Service Bureau to provide its corporate clients with outsourced access to the Swift financial messaging network.

26 October 2010

News/Post-trade & ops

DTCC signs BBH to corporate actions pilot, starts ISO20022 migration

Brown Brothers Harriman (BBH) has agreed to participate in a new ISO 20022 corporate actions messaging pilot programme run by the Depository Trust & Clearing Corporation (DTCC) and financial messaging network Swift.

25 October 2010

News/Post-trade & ops

ING securities services operation bids for post-trade STP with Information Mosaic

ING Bank's custody unit is to install the IMConnecting post-trade information management system from Information Mosaic in Central and Eastern Europe as it bids to streamline data flows and mitigate risks across its European operations.

25 October 2010

News/Post-trade & ops

Omgeo and EuroCCP equities matching and CCP service executes first trade

Omgeo and EuroCCP's pan-European equities central counterparty service for hedge fund transactions has executed its first live trade with Credit Suisse and Citadel.

18 October 2010

News/Post-trade & ops

LSE extends UnaVista to swaps market

The London Stock Exchange has extended its UnaVista service to the swaps market, automating the trading of CFDs and other equity derivatives and enabling users to communicate and match data through the platform.

13 October 2010

News/Post-trade & ops

XSP launches corporate actions mobile app

XSP has launched a mobile application for corporate actions processing, enabling users to access notifications on the move and process responses and elections.

12 October 2010

News/Post-trade & ops

Standards bodies bid to bring STP to tangled financial plumbing

Financial messaging bodies have agreed a common 'investment roadmap' designed to guide market participants through the confusing maze of multiple overlapping industry standards within the securities industry.

12 October 2010

News/Post-trade & ops

Swift links securities matching system to multiple CCPs

Financial messaging outfit Swift is set to link its securities matching system to a range of central clearing counterparties, including EuroCCP, Six x-clear and LCH.Clearnet, enabling brokers to direct their matched off-exchange trades to a variety of providers.

21 September 2010

News/Post-trade & ops

Join the big conversation with Finextra@Sibos

Finextra is ushering in a new era of dialogue and debate at Sibos 2010 in Amsterdam with the launch of a revamped Web site and community tools purpose-built for delegate and vendor interaction.

17 September 2010

News/Post-trade & ops

Citi to pilot XBRL for corporate actions

Citi has signed up to pilot the use of XBRL for corporate actions in a bid to improve straight-through processing in the paper-prone events information market.

17 September 2010