The UK and Irish capital markets are to move to a shortened T+2 securities settlement timeframe with effect from October 2014.
A collection of Hong Kong-licensed brokers have enlisted Markit to help them comply with new electronic trading rules on the island.
Nasdaq transaction services lead Eric Noll has quit the US exchange to join capital markets brokerage and tech house ConvergEx Group as president.
Compliance and beyond: navigating challenges and exploring opportunities in the Nordic financial landscape
Exchange operator CME Group says that its ClearPort clearing system was hacked in July, compromising customer information.
Project First, the European Union-backed research effort to find a way of extracting and analysing financial services-related sentiment from social media networks, has concluded with the launch of a prototype market surveillance system.
Finextra and Level39, in association with Innotribe, are to host a two-day conference exploring the new wave of innovation sweeping across the financial services sector.
In 2014, financial institutions globally will invest $28.1bn in risk IT; rising 13% by 2015 to $31.8bn, according to research from Chartis.
The Singapore Stock Exchange is to be the first customer for Millennium PostTrade, a new multi-asset clearing, settlement, risk and CSD technology platform from the London Stock Exchange's technology arm.
The Depository Trust & Clearing Corporation (DTCC) has received approval from the Monetary Authority of Singapore (MAS) to operate a global trade repository (GTR) for OTC reporting and has begun processing its first trades.
The ongoing restructuring of IT responsibilities at Deutsche Börse continues as the German exchange names Swiss-born IT engineer Rene Keller from Information Mosaic as its new Chief Information Officer.
The European Parliament has hammered out a preliminary deal with EU member states on how to regulate high-frequency trading.
Yves Baguet is quitting his roles as Deutsche Börse chief technology officer and Clearstream CIO, and will be replaced by company man Richard Green.
The Securities and Exchange Commission is launching a public Web site packed with reams of the kind of data, research and analysis used by HFT traders in a bid to "transform the debate on market structure".
Deutsche Börse has introduced a new cloud-based service for the delivery of historical market data.
The Depository Trust & Clearing Corporation (DTCC) has teamed up with a group of major global banks in a bid to develop a global service to collect and manage the client entity reference data necessary to meet regulatory requirements.
Financial messaging network Swift is looking to extend its remit to the emerging regulatory landscape, pitching its shared market infrastructure as a cost-effective means for financial institutions to ease the compliance burden.
SIX Securities Services, the CSD group for Switzerland, has signed up to Swift's Value Added Network (VAN) to connect to Target2Securities.
US exchanges have agreed to implement 'kill switches' to shut down trading in the event of a technological failure.
The US Commodity Futures Trading Commission is seeking public comment on further proposals to curb high-speed derivatives trading.
Target2-Securities (T2S) could help eurozone banks plug the Basel III capital shortfall they face to the tune of EUR33 billion, according to a study from Clearstream and PricewaterhouseCoopers.
© Finextra Research 2013