1492 articles tagged with this keyword
News/Dealing rooms
A Reuters journalist has resigned for failing to disclose financial interests in firms that he wrote about for the wire's Breakingviews service.
19 October 2010
The London Stock Exchange is to start letting third party vendors co-locate at its data centre as it bids to cash in on increasingly valuable high-frequency trading business.
18 October 2010
Omgeo and EuroCCP's pan-European equities central counterparty service for hedge fund transactions has executed its first live trade with Credit Suisse and Citadel.
In its latest assault on America's established operators, Kansas City-based Bats Global Markets has launched a second US equities exchange.
15 October 2010
Nyse Euronext has blamed human error for a 40 minute outage in its European cash markets yesterday, which appears to be "unrelated to any system of software components".
14 October 2010
A pair of Norwegian day traders have been convicted of cracking the algorithms of US broker Timber Hill and manipulating share prices, according to the Financial Times.
SunGard CEO Cris Conde is forecasting another tough year in the financial IT markets, as sales cycles show no signs of shortening and deflationary pressures continue to hamper pricing.
13 October 2010
The London Stock Exchange has extended its UnaVista service to the swaps market, automating the trading of CFDs and other equity derivatives and enabling users to communicate and match data through the platform.
XSP has launched a mobile application for corporate actions processing, enabling users to access notifications on the move and process responses and elections.
12 October 2010
Financial messaging bodies have agreed a common 'investment roadmap' designed to guide market participants through the confusing maze of multiple overlapping industry standards within the securities industry.
European Commissioner for internal markets and services Michel Barnier has vowed to work with US counterparts to increase high-frequency trading regulation, says Reuters.
The Futures Industry Association has fired the latest salvo in its campaign to head off onerous new record-keeping rules by pressing ahead with plans for an ownership and control reporting system that it claims will form a 'practical and cost-effective' alternative to that proposed by industry watchdogs.
MTS, the electronic fixed income trading market majority owned by the LSE, has signed up six major banks to support its new Single Dealer Pages functionality for the BondVision platform, designed to enhance liquidity and best execution.
11 October 2010
Bank of America has accused a former computer programmer of stealing trade secrets from the bank before he was laid off last month.
08 October 2010
The Commodity Futures Trading Commission is eyeing new rules under the Dodd-Frank financial reform legislation to safeguard against high frequency trading disruptions to US financial markets.
SunGard has acquired Swedish financial technology consultancy services firm Mindwell. Financial terms of the deal were not disclosed.
07 October 2010
Trading on Turquoise was delayed by around an hour this morning by technical problems, the day after the LSE-owned platform was migrated to a new technology system.
05 October 2010
Internalised trading engines at brokers and market makers have been portrayed as the 'real villains' of the May 6 flash crash by Sal Arnuk, co-founder of high frequency trading group Themis.
Jerome Kerviel has been found guilty of forgery, breach of trust and unauthorised computer use by a Paris court in relation to 2008's EUR4.9 billion rogue trading loss at Société Général.
The US Commodity Futures Trading Commission (CFTC) is calling for caps on the ownership stakes members can hold in clearing houses, exchanges and trading systems.
01 October 2010
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