London
20 September 2016
Reporter: Stephanie Palmer

Celer and itarle pair up on executions


itarle has paired with Celer Technologies to make to make its algorithmic execution strategies available multi-asset order management and execution management platform.

itarle provides algorithms for trading on futures and options, fixed-income, foreign exchange and equity exchanges, offering a more tailored and adaptable execution service.

These algorithns will now be available through Celer’s multi-asset order management and execution management platform. According to itarle, the partnership is part of a wider integration of its services across additional asset classes and products.

Paul Lynch, CEO of itarle, commented: “Cultivating new relationships with the leading order management systems and execution management system providers is a logical extension to our services and we are very much looking forward to working with Celer.”

He added: “Our clients will benefit from access to an extended range of markets and additional asset classes through the advanced platform that Celer provides.”

Celer CEO Ben Cuthbert, said: “We are delighted to be able to offer a new service to our clients that leverages the most advanced execution algorithms from itarle.”

He added: “These algorithms will further extend the trading efficiencies offered through Celer.”

More clearing and settlement news
The latest news from Asset Servicing Times
Join Our Newsletter

Sign up today and never
miss the latest news or an issue again

Subscribe now
Japan earmarks Q2 2019 for T+2 settlement shift
07 November 2017 | Tokyo | Reporter: Drew Nichol
Japan has unveiled a “tentative” timeline for its exchanges’ shift from a T+3 to T+2 settlement cycle, with eye towards Q2 2019
Iberclear bank on Citi to provide global custody
20 October 2017 | Madrid | Reporter: Jenna Lomax
The agreement, signed at this years Sibos conference in Toronto, will enable Spanish clearing houses to settle international securities via local CSDs
Eurex Clearing launches partnership programme
09 October 2017 | Frankfurt | Reporter: Theo Andrew
The programme plans to build a “balanced ecosystem”, responsible for aligning responsibilities and benefits related to economics and governance, bringing “greater choice and transparency” to the market
BNP Paribas becomes first French OTC Clearing member
20 September 2017 | Hong Kong | Reporter: Barney Dixon
BNP Paribas has joined OTC Clearing Hong Kong, as the clearinghouse’s 17th member, and the first from France
Ten-year T2S saga comes to an end
19 September 2017 | Brussels | Reporter: Stephanie Palmer
The Target2-Securities pan-European harmonised settlement platform is finally fully operational, as the Spanish and Baltic markets completed their migration yesterday
SEC praises “smooth” T+2 transition
12 September 2017 | Washington DC | Reporter: Stephanie Palmer
SEC chair Jay Clayton said the move on 5 September “represents a significant accomplishment” for the industry
Citi and Deutsche Bank execute first SwapAgent trades
07 September 2017 | London | Reporter: Jenna Lomax
LCH’s new SwapAgent service has completed its first trades, facilitating an interest-rate swap and an inflation swap between Citi and Deutsche Bank
More clearing and settlement news