1492 articles tagged with this keyword
News/Dealing rooms
KaChing, a US start-up that lets users follow and mirror the trades of experts online, has raised $7.5 million in a financing round led by Dag Ventures.
16 December 2009
CME Group has begun clearing credit default swaps (CDS) as it moves to take advantage of increasing regulatory scrutiny of the market and compete with the rival InterContinentalExchange.
The London Stock Exchange is close to agreeing a deal that would give it a 60% stake in a joint venture company combining its Baikal dark pool with investment-bank owned Turquoise MTF, according to Bloomberg.
15 December 2009
Canadian dealers are to work with the Canadian Derivatives Clearing Corporation (CDCC) to develop a central counterparty (CCP) and netting utility for Canada's fixed income market.
Interactive Data is to acquire low latency trading specialist 7Ticks and create a new real-time market data and electronic trading group to capitalise on emerging opportunities in wealth management and auto-trading.
14 December 2009
Nomura is to shift liquidity from its internal crossing network into a new FSA-regulated dark pool multilateral trading facility (MTF) for pan-European equities.
Screen dealing vendor Patsystems has won a $6 million contract to provide exchange, trading and risk management technology to the Turkish Derivatives Exchange (TurkDex).
US lawmakers have approved a bill that will place a 20% limit on collective bank ownership of derivatives clearing houses, despite fierce opposition from financial industry participants.
11 December 2009
John Bates has been appointed chief technology officer (CTO) and head of corporate development at Progress Software. The enterprise software vendor recently announced it was restructuring its sales, development and marketing organisations.
Agency brokerage and fintech provider Investment Technology Group (ITG) is set to cut staff, mainly in the US, as part of a restructuring plan, saying there are "no signs yet of recovery in US institutional equity fund flows".
10 December 2009
Around 30,000 financial services staff in Finland are set to go on a three day strike next week, leaving virtually all bank branches closed and online, ATM and in-store services subject to disruption.
A proposed amendment to the US financial reform bill that would limit bank ownership of derivatives clearing houses has been met by a wave of criticism from financial market participants.
Bloomberg has acquired New Energy Finance, a UK-based provider of news, data and analysis on renewable energy, carbon markets and nuclear power. Financial terms of the deal were not disclosed.
The US National Futures Association has set out highly restrictive compliance rules on the use of social networking channels such as blogs, chatrooms, forums, facebook and Twitter by member financial firms.
An online start-up that provides investors with simple modelling tools to help them understand and predict stock prices has launched in the US.
Bursa Malaysia has contracted Thomson Reuters to build a data distribution platform to support its growing trading business.
09 December 2009
In the wake of last month's technical glitch at the London Stock Exchange, Bats Europe is calling for a clear market outage protocol to help participants plan and ensure trading remains orderly.
08 December 2009
Barclays Stockbrokers has introduced an investment communications platform that uses Twitter, blogs and podcasts to keep clients up to date with news, views and insights.
Fragmentation in European equity markets has had little impact on price formation, but transparency and trade reporting have suffered under the Markets in Financial Instruments Directive (MiFID), according to a study conducted by investment body the CFA Institute.
07 December 2009
The Tokyo Stock Exchange (TSE) has been ordered to pay Y10.7 billion (£73m) to Mizuho Securities in compensation for losses incurred following a botched trade in 2005.
04 December 2009
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