1492 articles tagged with this keyword
News/Dealing rooms
Chi-X Europe has named Mark Howarth as interim chief executive officer, taking over the position from Peter Randall, who stepped down last month for personal reasons.
10 March 2009
Electronic fixed income network MarketAxess has been granted a US patent for its bid/offer list automated trading functionality.
Financial industry association Isitc is reporting deep cuts in IT and staffing at member firms as the global economic crisis bites.
Complex event processing vendors Aleri and Coral8 are to merge. Terms of the transaction have not been disclosed.
09 March 2009
Competition in the exchange-trading space for European cash equities is set to get more intense with the forthcoming launch of new platforms by Nyse Euronext and Pipeline Financial.
Job cuts, regulatory developments, Web 2.0 in financial services and the latest in the fight against fraud - it's all covered in this week's news review podcast.
05 March 2009
Swiss bank UBS has launched a real-time transaction cost analysis tool enabling European clients to monitor how their trades are doing while there is still time to affect the order's outcome.
London clearer LCH.Clearnet is considering buying out its shareholders and converting into a user-owned utility in a bid to fend off a takeover bid from an Icap-led consortium of banks, according to the Financial Times.
IntercontinentalExchange (ICE) has received regulatory approval from the Federal Reserve to serve as a clearing house and central counterparty for credit default swap (CDS) transactions.
Itau Securities has contracted the technology arm of Nyse Euronext to develop an electronic trading platform that will allow customers from around the world to send orders directly to Brazil's BM&F Bovespa.
The London Stock Exchange (LSE) has selected Rapid Addition for the provision of a FIX engine to its TradElect platform.
04 March 2009
BNP Paribas Corporate and Investment Banking has implemented a new technology platform it says will slash electricity consumption and accelerate calculation times for complex derivatives.
The US Securities and Exchange Commission (SEC) says con-artists have been impersonating its staff to trick investors and broker-dealer firms into handing over private information and money.
Nyfix is migrating trading on its US-based Millennium dark pool to a new high performance technology architecture that the firm says will significantly improve performance for clients.
03 March 2009
Thomson Reuters is to spend $1 billion this year on the development of new financial services products, Devin Wenig, chief executive of the Markets division at the news and information group has told the FT.
Rising volumes of over-the-counter derivatives trades are threatening to swamp legacy clearing and settlement systems, warns State Street in a report that calls for a co-ordinated industry-wide effort to develop a new post-trade servicing regime for the industry.
Freedom International Brokerage has filed a multimillion-dollar lawsuit against Tullett Prebon Canada, accusing its rival of hacking into its computer system thousands of times to steal proprietary information, according to local press reports.
ICBC (Asia) - the Hong Kong arm of Industrial and Commercial Bank of China - is rolling out technology from SuperDerivatives to support its foreign exchange and interest rates derivatives activity.
02 March 2009
Goldman Sachs is set to launch its Sigma-X dark pool equity trading platform in Hong Kong this week, according to the Financial Times.
Pan-European MTF Turquoise is to join Bats, Chi-x, and Nasdaq OMX as the fourth member of an industry working group set up to develop and maintain a uniform symbology framework for European equities.
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