The Board of Directors of Hong Kong Exchanges and Clearing Limited (HKEX) announced that it has today approved the appointment of Julien Kasparian as a member of the Clearing Consultative Panel to fill the vacancy arising from Stephanie Marelle’s resignation. HKEX thanked Ms Marelle for her dedicated service to the panel. The Clearing Consultative Panel…
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Timed to coincide with their launch of MT5 bridging support, financial technology supplier Star Hat Solutions today announced their suite of integrated, multi-server products, including: A Multi-server bridge using Star Hat Solutions’ ECN technology to provide liquidity to multiple MT4 and MT5 servers. A FIX API onto Star Hat Solutions’ ECN technology and allowing trades…
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Neptune Networks Ltd, the Fixed Income network for real-time “axe” indications, today announced that it has embedded Symphony chat functionality within the Neptune proprietary application. The Neptune network provides a venue for investors to consume the highest quality bond axes/inventory data from their most trusted Bank counterparts. This enables institutional investors to be more effective…
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Avelacom, a global provider of connectivity and IT infrastructure solutions, announced that it has launched a new point of presence (PoP) in the Australian Security Exchange’s (ASX) Australian Liquidity Centre (ALC), Australia’s only data centre dedicated to the financial markets community. The initiative is designed to meet the rising needs of proprietary trading desks and…
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Jay Hooley to Retire as CEO by End of 2018; Vice-Chairman Ron O’Hanley to Succeed Hooley as CEO and is Appointed President & COO State Street Corporation (NYSE: STT) today announced that Jay Hooley will retire as CEO by the end of 2018 after more than 30 years with the company and will remain as…
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Adaptive Insights, the cloud corporate performance management (CPM) company, announced that it has extended its platform for financial and operational planning, capping a year of innovation and accolades for its Adaptive Suite. The third major software release of the year, Adaptive Suite 2017.3, brings new features and functions that continue to deliver on the company's…
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Cboe Global Markets, Inc. (Nasdaq: CBOE) today announced its Q3 2017 report, along with the planned retirement of its Executive Vice President, Chief Financial Officer (CFO) and Treasurer, Alan Dean, at the end of December 31, 2017, after 38 years of service to the company. Cboe plans to promote Brian Schell, currently Deputy CFO, to…
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Just two days after releasing its October volumes report, Cboe Global Markets, Inc. (NASDAQ: CBOE) has today reported financial results for the third quarter of 2017. Q3 2017 highlights include: Revenue Less Cost of Revenue of $269.7 Million, up 98 Percent, Reflects the Bats Acquisition Net Revenue up 10 Percent Compared to 3Q16 Adjusted Combined…
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Virtu Financial, Inc. (NASDAQ: VIRT), a technology-enabled market maker and liquidity provider to the global financial markets, today reported results for the third quarter ended September 30, 2017. Highlights include: Reported results include KCG from July 20 through September 30, 2017 Net loss of $40.0 million, burdened by costs associated with the KCG acquisition and…
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Torstone Technology, the global provider of post-trade securities and derivatives processing, today announced the appointment of Payal Raina to the newly created position of Global Head of Marketing, with immediate effect. Payal Raina will be responsible for overseeing Torstone Technology’s global marketing and branding initiatives as well as internal and external communications for the company.…
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