Integrated risk tools are the cornerstone for better trading decisions inside hedge funds.
The execution and research broker bought the French firm's global OTC trading platform.
Deutsche Boerse AG is exploring a sale of International Securities Exchange Holdings Inc., the U.S. options business it acquired in 2007 before industry growth stalled, people with knowledge of the matter said.
Agency-only broker and technology firm ITG just upgraded its execution management system, Triton. The EMS is now offering institutional traders the ability to choose their own broker order routing strategies for options and access a wider palette of algorithms, such as Delta and Volatility
The Chicago Board of Options Exchange has set an April 10 date for the trading of options with a weekly expiration date.
Warburg Pincus is acquiring asset manager Source with eyes for more growth down the road in the ETF market space.
While no one expects swaps futures to take over the OTC swaps market, a movement of 5 percent of the massive OTC swaps volume would be a huge win for futures market.
The term "big data" has been around for some time, but questions remain exactly how hedge funds and other buysiders exploit the vast stores of data that has never been available to them in the past, which continue to grow each day.
With 17 newly minted swaps execution facilities now live, and looming regulatory deadlines that will push more trading to SEFs, 2014 is expected to be the year the industry redesigned by the Dodd-Frank Act begins to really take shape.
Leveraging the popularity of its CBOE Volatility Index (VIX), the Chicago Board Options Exchange closed 2013 with a spate of activity that has included introducing several new volatility products and expanding its trading hours to accommodate European trading.