ODL Capital (ODLC) has gone live with Fixcity’s Indication of Interest (IOI) distribution product, ioinet. The product will enable ODLC to increase its distribution of liquidity in equities and more rapidly secure orders from buy-side firms. ODLC’s IOI messages on available stock can be delivered to buy-side firms using the solution’s customisable web interface, or direct to order management systems and execution management systems, via a FIX feed. ODLC hopes that the solution will enable it to strategically target messages, through a wide range of distribution options, and continuously update information, according to its trading objectives.
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
A squeeze on skilled talent means it now takes an average of seven weeks to fill open permanent roles in finance in the UK according to new research from financial services recruitment firm Robert Half.
Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.