Dealing rooms

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/Dealing rooms

Topsy Labs to release Twitter trading tool

Microblogging search outfit Topsy Labs is to release a Twitter sentiment analysis tool later this year to investors looking for guidance on stock-price moves after demonstrating impressive market-beating results on Netflix and Apple stock.

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European exchanges and vendors develop post-trade standards

A consortium of exchanges and technology suppliers have developed a set of common standards designed to restore post-trade transparency in the European equity markets.

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EBS test trade causes plunge in Swiss franc

A test trade that accidently sneaked into the live market on the EBS trading system was behind a mysterious plunge in the Swiss franc earlier this week, according to a Dow Jones news report.

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Clearstream and Strate plan South African collateral management co-operation

Clearstream has signed a letter of intent with Strate, the South African central securities depository that could see domestic collateral management services outsourced to the Deutsche Bourse unit.

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Icap's fintech incubation vehicle invests in Model Two Zero

Euclid Opportunities, the vehicle set up by interdealer broker Icap last year to provide seed funding to new fintech companies, has invested in London-based post-trade software firm Model Two Zero.

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Regulators demand action on Legal Entity Identifiers

International regulatory authorities have called for the urgent creation of a universal Legal Entity Identifier (LEI) in their final report on the OTC derivatives data that should be collected, stored and disseminated by trade repositories (TRs).

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FSB establishes LEI and CCP working groups

The BIS-backed Financial Stability Board has set up a working group to deliver concrete recommendations on governance issues relating to the management of new Legal Entity Identifiers (LEI) in the global securities markets.

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EU anti-trust chiefs prepare to torpedo Deutsche Börse/Nyse merger

Anti-trust officials in the EU are prepared to block the proposed mega-merger between Deutsche Börse and the New York Stock Exchange over fears that the deal would stifle competition in the derivatives markets.

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Swift, SIA and Colt win T2S connectivity licenses

Europe's central banks have awarded the two Target2Securities (T2S) connectivity licenses to Swift and a consortium made up of SIA and Colt.

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SEC charges adviser over LinkedIn scam; steps up guidance on social media

The Securities and Exchange Commission has charged an investment adviser with trying to sell $500 billion-worth of fictitious securities on LinkedIn and other social networking sites.

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Dion buys controlling stake in Swissrisk

Dion Global Solutions has acquired a controlling stake in Frankfurt-based Swissrisk Financial Systems. Terms of the deal were not disclosed.

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UNX launches financial app store

Trading technology vendor UNX has launched its own app store, called Catalyst Marketplace, for the financial services industry.

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Finextra signs off for Christmas and New Year break

The Finextra office will be closed after Wednesday 21 December, re-opening Tuesday 3 January.

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Markit and Euroclear team on European loan market services

Markit and Euroclear Bank have inked a memorandum of understanding that will see them build an end-to-end post-trade platform for syndicated loans.

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Enterprise risk and the top 100 RiskTech firms

Peyman Mestchian, Managing Partner at Chartis Research on data, enterprise risk and the top 100 RiskTech firms.

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Hong Kong man fined for using Facebook to sell unlicensed securities advice

A Hong Kong man has been fined and given community service for selling unlicensed securities advice through social networking site Facebook.

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Thomson Reuters looks to settle EC data antitrust case

Thomson Reuters has offered concessions in the way it licenses the proprietary Reuters Instrument Codes (RICs) in a bid to settle an EU antitrust investigation.

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SEB on the politics & technology of T2S

Göran Fors, Global Head of GTS Banks at SEB comments on the Target2Securities pessimism and preparing for the massive changes it will bring to the European post-trade space.

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BT bags £45 million network consolidation deal with CLSA

BT has bagged a £45 million deal with CLSA Asia Pacific Market to provide a fully managed voice, data and trading systems network across 14 countries in the Asia Pacific region, the UK and the US.

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LSE to buy Pearson's FTSE stake

The London Stock Exchange (LSE) has agreed a £450 million cash deal to buy the 50% stake in FTSE International it does not already own from publisher Pearson.