Securities Finance

SecFinex Buys Cognos Technology

SecFinex is using technology developed by Cognos, a company making business intelligence software, to deliver tailored trading reports to customers in real time. The online securities financing platform is using Cognos's business intelligence solution, combined with a secure, virtual private

Equilend Headcount Rises But No Platform Yet

EquiLend Holdings LLC, the securities lending cartel formed in May last year last year by ten agent and investment banks to counter the threat of disintermediation by building their own global securities lending platform, today announced the appointments of Dirk

CIBC Mellon Securities Lending Hires Tigert and Bertrand

CIBC Mellon announced today that Chris Tigert and Paul Bertrand have joined CIBC Mellon Global Securities Lending in the positions of fixed income securities lending trader and fixed income securities lending project consultant, respectively. Tigert joins CIBC Mellon from Royal

MONIS Launches Convertible Bond Data Service

MONIS, a supplier of derivatives analytics which expanded into the convertibles and equity linked securities markets, says it can now provide clients with pre formatted, comprehensive data on new convertibles issues, enabling them to conduct sophisticated analysess across the convertible

MTS Finland Launched Out of Belgium

MTS Finland was launched today. Oddly, MTS says the Finnish government bond trading platform is structured as a "segment" of MTS Belgium. In other words, MTS Belgium will provide both trading technology and operational services to MTS Finland. MTS says

MTS Spain To Go Live in Mid-May

MTS announced today that MTS Espaa SON is scheduled to go live in mid May. This follows ratification and approval on Friday by the Spanish Government of its application to operate as a regulated electronic trading platform for the Spanish

Reech Capital to Distribute in Italy

Reech Capital is to expand its business in Italy through a distribution agreement with Uniteam, the Italian business solutions provider that supplies corporate IT and telecommunications services to financial institutions in Italy. This agreement will enable Reech Capital to market

Cross-Margining Between BrokerTec And GSCC To Begin April 19

BrokerTec Clearing Company, L.L.C. (BCC), clearing affiliate for BrokerTec Futures Exchange L.L.C. (BTEX), and Government Securities Clearing Corporation (GSCC), a subsidiary of The Depository Trust & Clearing Corporation, announced today that cross margining between the two clearing organizations will begin

LCH RepoClear Adds Irish, Finnish and Portuguese Markets

RepoClear, the central counterparty (CCP) for trading in government bonds owned by the London Clearing House (LCH), has added three new European government bond markets Ireland, Finland and Portugal to its service. These additions take LCH RepoClear's coverage of European