Technology
New online FAS 133 tool developed for corporate hedgers
New York-based risk management system provider Reval has developed an online derivatives hedging service, Reval Express. It is intended to provide an affordable means for US corporates that hedge only lightly to comply with derivatives Financial…
GFI to use CSK’s Slingshot for trading portal
Interdealer broker GFI is implementing CSK Software’s Slingshot product to stream real-time data into Web-based products, including a new trading portal. The project is part of a larger market data strategy at GFI.
Korea's Daishin Securities contracts Kamakura for market risk
Daishin Securities has signed up to use Kamakura Corporation's technology to manage its market risk activities at its Seoul-based head office. Daishin is Kamakura's seventh Korean trading firm client.
eSpeed licenses futures trading patent to Ice
Technology company eSpeed has licensed its electronic futures trading patent to online energy platform Intercontinental Exchange (Ice). The move will enable Ice to expand its electronic trading platform to cover energy futures and options contracts…
Henderson signs with Xenomorph for derivatives support
Henderson Global Investors, a subsidiary of the Australian Mutual Provident Society (AMP), has selected Xenomorph to provide risk management for derivatives support across a range of investment products.
BarCap poised to move NYC trading floor in July
Barclays Capital, the investment banking arm of the UK's Barclays Bank, plans to begin moving to its new trading floor in midtown Manhattan in July, according to Nick Themelis, Barclays Capital's chief information officer for the Americas.
HSBC rolls out Rolfe & Nolan back office system in US
The UK's largest bank, HSBC, has started rolling out derivatives back office technology developed by Rolfe & Nolan (R&N) in New York and Chicago.
Against the currency grain
Mexican peso modelling
Exotic FX pulse set to race
The forex business
Senior exit heralds DrKW trouble?
People news
Playing catch-up
Technology
AIB’s Rusnak put false trades into SunGard’s Devon system
TECHNOLOGY NEWS
Banks seek to cut costs through customer self-service
TECHNOLOGY NEWS
Job moves
QUOTE OF THE MONTH: - “I have come to you with a problem – we need to outsource our balance-sheet funding” From an e-mail sent last year by John Rusnak to an unnamed counterparty, referring to his deep-in-the-money options trades, or ‘synthetic loans'.
Servicing the e-industry
Investing in IT infrastructure development is essential in today’s often fractured environment of rival software languages and specific trading needs. Clive Davidson discovers what is on offer to bring these disparate elements together
