Latest FNX Capital Markets Solutions News: Finextra Research

GL Trade to acquire FNX Solutions

Acquisitive French dealing systems vendor GL Trade is buying FNX Solutions, a US-based firm that supplies financial institutions with technology for the management and processing of capital market transactions. Terms of the deal were not disclosed.

16 January 2007

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Penson Financial signs for FNX's Sierra ASP technology

Penson Financial Services Canada has licensed FNX Solutions' Sierra ASP platform to support its FX trading and back office operations in North America.

07 June 2006

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FNX secures $10m funding

Philadelphia-based trading technology vendor FNX Limited has closed $10 million funding round led by Conning Capital Partners and Lazard Technology Partners.

20 September 2004

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FNX hires Finn Christensen to head up Aspen Hedge division; signs first three clients

Philadelphia-based trading technology vendor FNX Limited, has appointed Finn Christensen as executive managing director of its new ASP-based hedge fund services division, Aspen Hedge, and announced its first three customers - Henderson Global Investors (HGI), Greenwich Capital and Luminary Capital.

12 May 2004

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FNX launches hosted hedge fund service

Philadelphia-based trading technology vendor FNX Limited has launched Aspen Hedge, a managed ASP system for buy-side firms.

06 April 2004

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FNX extends FirstOrder to support fixed income

Philadelphia-based trading technology vendor FNX has extended its Web-enabled FX cash order management system, FirstOrder, to include support for fixed income products

21 November 2003

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FNX uses Swift MT500s for fixed income clearing connectivity

Trading technology vendor FNX has upgraded the Sierra Fixed Income System to use Swift messaging as a conduit for connection to clearing and settlement systems worldwide.

07 November 2003

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Luminary Capital Management live with FNX SierraASP service

New York macro hedge fund Luminary Capital Management has gone live with FNX's SierraASP service to support its trading, risk management and position keeping activities.

08 October 2003

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Brief: FNX appoints Collin Cohen to board of directors

Philadelphia-based trading systems vendor FNX has appointed Collin Cohen as a member of its board of directors.

02 October 2003

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FNX adds real-time blotter to Sierra trading system

Philadelphia-based FNX has added a real-time treasury blotter to its trading product Sierra which provides users with an instant snapshot of positions and exposures.

25 September 2003

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FNX opens Serbian product quality centre

US-based FNX Limited (FNX) has established a global quality centre in Serbia to provide testing and quality assurance for its Sierra and First Order trading and risk management products.

31 July 2003

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Mizuho Bank applies FNX's Sierra to interest rate futures and options

Japan's Mizuho Bank is to extend its use of FNX's Sierra System to include interest rate futures and options processing.

16 July 2003

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