Latest Dealing rooms News: Finextra Research

Orc Group to break-up business; search for new CEO

Orc Group, the Swedish trading systems firm recently acquired by private equity house Nordic capital, is to part company with its CEO and demerge previously acquired businesses Neonet and CameronTec.

22 March 2012

News/Dealing rooms

Deutsche Börse to sue European Commission over merger block

Deutsche Börse is to sue the European Commission over its decision to block a proposed $9 billion merger with Nyse Euronext.

20 March 2012

News/Dealing rooms

The Currency Cloud raises $4m

The Currency Cloud, a UK-based start-up offering foreign exchange payments automation, has raised $4 million in a series a funding round led by Atlas Venture.

14 March 2012

News/Dealing rooms

Icap shakes up electronic trading business

Interdealer broker Icap has restructured its electronic trading operations to separate the reporting lines for the FX and fixed income businesses in a move that has led to the departure of division chief David Rutter.

13 March 2012

News/Dealing rooms

Isitc members to boost IT spending

Financial industry association Isitc says that nearly two thirds of its members plan to increase their information technology spending over the next two years as regulatory compliance continues to dominate the agenda.

12 March 2012

News/Dealing rooms

London Stock Exchange agrees deal to take control of LCH.Clearnet

The London Stock Exchange is to acquire a majority 60% stake in LCH.Clearnet in a deal valuing the clearing house at EUR813 million.

09 March 2012

News/Dealing rooms

Shanghai Stock Exchange takes on HFT speculators

The Shanghai Stock Exchange (SSE) has become the latest bourse to signal a crackdown on the huge number of messages high-frequency traders generate.

09 March 2012

News/Dealing rooms

Thomson Reuters fails RIC licensing market test

Thomson Reuters has failed to appease EU antitrust bodies over proposed concessions in the way it licenses the proprietary Reuters Instrument Codes.

08 March 2012

News/Dealing rooms

Direct Edge and Nasdaq bid to curb HFT messaging with fines

US exchange operators Nasdaq OMX and Direct Edge have outlined incentive plans designed to encourage high-frequency traders to cut back on the huge number of messages they generate.

08 March 2012

News/Dealing rooms

Commission proposes EU-wide settlement overhaul

The European Commission is promising to shake up cross-border securities settlement in the EU by cutting settlement timeframes and establishing a common regulatory framework for the region's 30+ central securities depositories.

07 March 2012

News/Dealing rooms

Thomson Reuters launches social media sentiment analysis service

Thomson Reuters is adding information and sentiment analysis from social media sites and blogs to its machine-readable news service.

07 March 2012

News/Dealing rooms

Thomson Reuters offloads Portia to SS&C

Thomson Reuters has agreed to sell off Portia, its middle-to-back office investment operations platform, to SS&C Technologies for $170 million.

29 February 2012

News/Dealing rooms

Exchange competition and HFT get hostile reception in UK market review

A government-sponsored independent review into the performance of UK equity markets has encountered deep scepticism among asset managers of the wisdom of opening national stock markets to competition and scathing criticism of the role played by high frequency traders in distorting market values.

29 February 2012

Finextra TV/Dealing rooms

Bloomberg revamps terminal - launches Next

In a rare media event, Bloomberg unveils its enhanced terminal BloombergNext, which was developed via extensive customer analysis and relationship management.

28 February 2012

News/Dealing rooms

Bloomberg piles pressure on Thomson Reuters with Next redesign

Bloomberg today takes the wraps off a two-year development effort designed to simplify its desktop data service and pile the pressure on dealing terminal rival Thomson Reuters.

27 February 2012

News/Dealing rooms

European authorities get two months to affirm HFT governance plans

The European Securities and Markets Authority (Esma) has given national securities watchdogs two months to declare their plans for enforcing new rules on scrutinising high frequency trading activities.

24 February 2012

News/Dealing rooms

Vidivici launches community-powered investment search engine

UK start-up Vidivici has launched a beta version of its community-powered investment search engine, which pools the views of users, examines them and then taps the data to offer tailored trading advice.

24 February 2012

Finextra TV/Dealing rooms

Reports, permissions & strobe lighting, investment Chinese Walls

Farooq Nazir, deputy head of security, EMEA at Nomura talks about the bank's innovative use of their Honeywell central security management system, which uses strobe lighting to alert staff to breaches in security at the investment bank.

24 February 2012

News/Dealing rooms

Threadneedle says systems blocked $150m rogue trade

UK asset manager Threadneedle called in police last year after its internal systems blocked a suspicious trade worth $150 million.

22 February 2012

News/Dealing rooms

HFT no threat to financial stability - Swedish watchdog

High frequency trading does not pose a significant threat to financial stability in Sweden but does raise the spectre of market abuse, according to the country's regulator.

21 February 2012