Latest trade execution news

Buy side spending on execution and order management systems rising year-on-year

7 hours ago | 717 views | 0

Institutional investors spend between $1.5 billion and $2 billion per year on order management and execution management systems for their trading desks - a growing amount due to increased demands for compliance tools and the need to keep pace with rapid changes in market structure.

Bloomberg hires former IBM chief Palmisiano to conduct data privacy probe

12 hours ago | 1115 views | 0

Bloomberg has hired former IBM chairman and CEO Sam Palmisiano as an independent advisor to review privacy and data standards practices at the company.

JPMorgan Chase demands access to Bloomberg logs

16 May 2013 | 2317 views | 0

JPMorgan Chase lawyers have demanded that Bloomberg hand over five years of internal staff logs, in another sign of disquiet among financial firms over the extent of a snooping scandal at the market data vendor.

AMF issues RFI for central securities data repository

16 May 2013 | 1460 views | 0

The Autorité des marchés financiers (AMF), the regulatory and oversight body for Québec's financial sector, has issued a Request for Information (RFI) for potential suppliers to tender for the creation of a new Market Analysis Platform (MAP).

IPC launches app development partner programme

14 May 2013 | 1617 views | 0

IPC Systems has unveiled a vendor and customer app development partner programme for its Unigy trading communications platform.

Wall Street propeller-heads make way for new generation of data scientists

10 May 2013 | 3025 views | 0

Rocket scientists on Wall Street are set to be usurped by a new generation of 'data scientists', as investment banks combine new analytical approaches with the arrival of torrents of Big Data to transform their trading strategies, according to a new paper from BNY Mellon.

Wikipedia page views can predict markets - study

09 May 2013 | 2007 views | 0

How often a company's Wikipedia page is viewed could help predict movements in its stock price, a newly published academic paper suggests.

Deutsche Börse creates IT and market data unit

07 May 2013 | 1734 views | 0

Deutsche Börse has merged its market data and analytics unit with external technology and connectivity services as it bids to boost its IT-related sales.

CME Group vows to tackle loophole being tapped by HFT firms

01 May 2013 | 2176 views | 0

CME Group says that it is working to close the time gap that sometimes exists between customers receiving trade confirmations and the information appearing in public data feeds after the Wall Street Journal reported that high-speed traders are exploiting the lag.

Court backs exchanges in market data pricing case

01 May 2013 | 1685 views | 0

A US appeals court has ruled in favour of Nyse Euronext and Nasdaq OMX in their battle with Internet and securities industry associations over market data fees.

LME terminates lucrative Xchanging contract

30 April 2013 | 2445 views | 0

Xchanging has lost a £25 million per annum infrastructure servicing contract with the London Metal Exchange as the LME's new owners call time on a profitable eight-year relationship for the BPO provider.