Latest Dealing rooms News: Finextra Research

Warsaw Stock Exchange postpones system upgrade

The Warsaw Stock Exchange (GPW) has pushed back the planned rollout of a new trading system, GPW WATS.

27 March 2024

ASX turns to Tata to replace Chess system

The Australian Securities Exchange (ASX) is planning to turn to a third party to replace its ageing clearing and settlement system.

21 November 2023

News/covid-19

Covid-19: Goldman CTO says remote tech working 'flawlessly'

The Covid-19 crisis could spur innovative uses of technology, such as VR trading desks, in the financial services sector, according to Goldman Sachs CTO Atte Lahtiranta, who says the Wall Street giant has adapted smoothly to the lockdown.

08 April 2020

News/Dealing rooms

Sibos 2019: Post-snub insights from LSE and HKEX

After the London Stock Exchange snubbed Hong Kong’s $36.6 billion buyout bid earlier this month, day two of Sibos 2019 in London kicked off with PwC’s Jeremy Grant engaging in fireside chats with both LSE CEO David Schwimmer and HKEX CEO Charles Li.

24 September 2019

News/Dealing rooms

Hong Kong exchange suffers cyber attack

The chief executive of the Hong Kong Stock Exchange (HKEx) has conceded that the trading venue was subject to a series of cyber attacks this week but has insisted that an outage which brought derivatives trading to a halt was related to a software bug and not a hacker.

06 September 2019

News/cloud

Compliance in the cloud for a demanding regulatory environment

The cloud has fundamentally altered the economics and time to value of risk management and regulatory reporting. By allowing banks to handle the real-time, daily and periodic nature of regulatory reporting in an elastic manner, cloud computing has also provided cost-effective, long-term (and immutable) data storage to respond to queries from regulators.

12 July 2019

News/Dealing rooms

Deutsche Bank to spend €13bn on tech amid massive job cuts

Deutsche Bank has announced swingeing job cuts as part of a radical overhaul of its operations that will also see it spend €13bn on new technology over the next four years.

08 July 2019

News/ai

IPC invests in GreenKey Technologies

Dealing room communications outfit IPC has invested in GreenKey Technologies (GK), the creator of AI, natural language processing tech for financial markets.

07 March 2019

News/Dealing rooms

Traders under the #MeToo spotlight

Banks are increasingly turning to monitoring software in order to eradicate inappropriate behaviour on the trading floor.

29 August 2018

News/Dealing rooms

Trainee trader sues UK broker for £10m over trading platform mix-up

A French day trader is suing UK broker Valbury Capital after it voided the €10m profit he had accrued using what he thought was a demo version of its trading software but which turned out be a live account.

22 June 2018

News/Dealing rooms

JP Morgan reshuffles management to target algo traders

JP Morgan has announced changes to its senior management designed to cater for the growing number of trading counterparties using algorithms and electronic platforms.

11 May 2018

News/Dealing rooms

SEC and exchanges in spat over surveillance system

A row has broken out between the US capital markets watchdog and a number of exchanges over the plan to impose a new market surveillance system on the US equities and options market.

15 November 2017

News/Dealing rooms

HKEx closes iconic trading floor as it goes all-electric

The iconic Trading Hall in the Hong Kong Exchange, which has stood through the 1997 Asia financial crash, SARS and countless boom and busts, has closed for the final time today as it became the latest stock exchange to adopt electronic trading throughout.

27 October 2017

News/Dealing rooms

Goldman trebles algo bond trading programme

Investment bank Goldman Sachs has expanded the use of algorithmic trading in its fixed income division in a move that will treble the number of bonds included in the programme to 7,000.

18 August 2017

News/Dealing rooms

Nasdaq asks SEC for speed bump to protect retail traders

The US-based exchange has applied to the Securities and Exchanges Commission (SEC) for an extended life priority order attribute, or speed bump, in an effort to level the playing field for long-term retail traders who feel they have been losing out to high speed frequency traders, reports the Financial Times.

25 November 2016

News/Dealing rooms

LME hit by second problem in a week

It has been a week to forget for the London Metal Exchange after it was forced to delay trading on Friday by four hours due to a connectivity issue with an external network provider, according to Bloomberg.

22 July 2016

News/Dealing rooms

IPC negotiates buy out of Etrali Trading Solutions

Dealing room communications outfit IPC has made a binding proposal to acquire rival vendor Etrali Trading Solutions.

10 September 2015

News/Dealing rooms

BNP Paribas explores the blockchain; SocGen advertises bitcoin-related job

Further evidence has emerged that French investment banks are exploring the potential of blockchain technology in the capital markets.

24 July 2015

News/Dealing rooms

Nasdaq and Nyse propose mutual back-up plan

Two rival exchanges, the New York Stock Exchange (Nyse) and Nasdaq OMX, are planning to provide back-up to each other's closing auctions in order to prevent a repeat of the outage that hit Nyse earlier this month.

23 July 2015

News/Dealing rooms

Banks launch IM service to rival Bloomberg

A consortium of Wall Street banks has launched an instant messaging platform it hopes will loosen Bloomberg's vice-like grip on the market for real-time communication between traders.

21 July 2015