Dealing rooms

1492 articles tagged with this keyword

/Dealing rooms

HKEx Web site hit by hackers

The Hong Kong Stock Exchange was forced to suspend trading in some shares - including HSBC - after hackers attacked its Web site.

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WallStreetBirds taps Twitter data for stock tips

Modulus Informatics has launched a free online service providing stock trading analysis based on Twitter sentiment data.

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European Commission probes Nyse Euronext/Deutsche Börse deal

The mega-merger between Nyse Euronext and Deutsche Börse faces an extended investigation by the European Commission amid concerns over the impact of a tie-up on competition in clearing and derivatives trading.

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TMX Group buys Atrium Network

Canadian exchange operator TMX Group has acquired connectivity specialist Atrium Network. Financial terms were not disclosed.

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LSE buys FSA's Transaction Reporting Service

The London Stock Exchange has agreed a £15 million cash deal to buy the Financial Services Authority's Transaction Reporting Service (TRS).

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Bats Europe offers traders clearing choice

Bats Europe has launched a 'preferred interoperable' clearing service, enabling traders to choose between three CCPs.

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SEC sets up large trader reporting system

The Securities and Exchange Commission is pressing ahead with the creation of a system to collect transaction data from large traders such as banks and hedge funds that will help it to investigate wild stock market swings like last year's May 6 flash crash.

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Fintech start-ups get chance to show off innovations to Wall Street

In the latest stage of a programme run by the New York City Investment Fund and Accenture, six entrepreneurs have been presenting their financial technology innovations to the venture capitalist community.

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ECB sets T2S framework agreement deadline; UK looks to opt out

The European Central Bank has set an October deadline for its final offer to central security depositories (CSDs) on a framework agreement for the Target2Securities (T2S) system. However, the UK now seems certain to turn its back on the project.

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Wenig out as Reuters shakes up Markets division

Devin Wenig, the CEO of Thomson Reuters' global markets division is to leave the company in a surprise shake-up of the business intended to improve sales to financial sector clients.

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FRSGlobal backs out of Lombard take-over talks

FRSGlobal has pulled out of talks to take over UK software house Lombard Risk Management.

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CVC to buy Convergex majority stake; Patsystems acquiring Mixit

US trading technology firm Convergex Holdings has abandoned a planned IPO, agreeing instead to sell a majority stake to funds advised by CVC Capital Partners.

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Misra quits Algo Technologies

Hirander Misra, has quit with immediate effect as chief executive officer of Algo Technologies, the fintech vendor he helped set up only a year ago.

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Republicans raise hacking fears over new Treasury financial data office

Republican lawmakers have rounded on a new Treasury office created under Dodd-Frank to collect financial data, calling it "Orwellian" and warning it could prove a prime target for hackers.

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T2S connectivity licences come up for grabs

Europe's central banks have begun the process of picking network service providers for the Target2Securities (T2S) system, with telecoms firms expected to challenge inter-bank co-operative Swift for the two licenses up for grabs.

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Swedish watchdog raids Nasdaq OMX in data centre competition probe

Swedish competition authorities have raided the offices of Nasdaq OMX as part of a probe into whether the firm is working with data centre operator Verizon to stymie rivals, according to the Financial Times.

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ITG cuts jobs, costs as volumes wilt

Investment Technology Group has announced a savage cost reduction plan in a bid to move $20 million off the bottom line in the face of continued weakness in institutional equity trading volumes in the US and Europe.

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Dodd-Frank will push 60% of OTC volumes to central clearing

The Dodd-Frank Act will lead to around 60% of current US over-the-counter (OTC) derivatives market by volume being cleared centrally, according to Citi.

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ASX prepares for Chi-X arrival with multi-market smart routing trading app

With the imminent arrival of Chi-X on the Australian scene, ASX has tapped UK vendor Fidessa to help it prepare, developing a co-located smart order routing trading application for the new multi-market environment.

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XBRL US taps Facebook for $20k app competition

Industry group XBRL US has launched a Facebook competition, offering $20,000 to the person or group that comes up with the best open source analytical application for investors that uses the format.