1492 articles tagged with this keyword
News/Dealing rooms
Market data firms and index compilers are set to go to tender for the right to administer a souped-up version of the tainted London Interbank Offered Rate (Libor).
28 September 2012
Irish capital markets tech house First Derivatives has acquired three London-based businesses for a total consideration of up to £3.15 million as it looks to expand its managed services business.
The Australian arm of Credit Suisse has been hit with a A$52,000 penalty for pumping up the share price of a company by accidentally using the wrong trading strategy within its automated order processing system to buy stock on behalf of a client.
27 September 2012
High-frequency traders operating in European markets will be forced to keep orders open for at least half-a-second under tough new trading rules voted through by the European Parliament's Economic and Monetary Affairs Committee late on Wednesday.
The German cabinet is set to approve a draft law curbing high-frequency trading, according to Reuters.
26 September 2012
Exchange operator Nasdaq OMX has teamed up with e-commerce giant Amazon on a cloud computing platform for financial services firms to store data on.
25 September 2012
Knight Capital Group is looking for a new chief technology officer and operational and technology risk manager in a management shake-up at the firm which sustained $440 million in losses following a rogue trading software update.
21 September 2012
Nasdaq OMX ha defended its proposed $62 million compensation offer to firms affected by the botched Facebook IPO, describing the package, in a letter to the SEC, as "fair and equitable".
20 September 2012
Bloomberg has teamed up with Bids Trading on a service, called BPool, which opens up access to the data provider's US equity marketplace.
19 September 2012
The cross-border trading link being established by a group of seven South East Asian stock exchanges has officially gone live, connecting Bursa Malaysia and Singapore Exchange.
18 September 2012
The Chicago Federal Reserve is calling for tighter controls on high frequency trading after finding that many firms are skirting the rules in the interests of speed-to-market.
The UK's Financial Services Authority (FSA) has signed for Nasdaq OMX's Smarts Integrity market surveillance system to help monitor transaction reports.
10 September 2012
The CBOE Futures Exchange (CFE) is to establish a London hub and expand trading of its popular VIX contract to 24-hours in 2013.
07 September 2012
A UK-government commissioned working paper on the economic impact of MiFID II has hit out at several key computer trading rule proposals, warning that they could damage economic growth.
03 September 2012
An academic project exploring how supercomputing and data intensive science can be tapped to aid stability, regulation, and enforcement in US markets has received $100,000 in research donations from a collection of financial firms.
28 August 2012
Citigroup has been fined $30,000 by Australian securities regulators for a fat-finger trading error which caused the share price of a stock to plunge by 99%.
Stock exchanges, including Nasdaq, have been forced to cancel trades after erroneous orders in a security sent its price rocketing, according to the Financial Times.
23 August 2012
The Bank for International Settlement has issued fresh guidance on the management of foreign exchange settlement risk, amid concerns that bank back offices are being overwhelmed by massive growth in FX dealing volumes.
21 August 2012
Swiss bank UBS has set up a business area, called Quant HQ, offering quantitative trading clients access to its expertise and technology.
A Web portal for assigning Commodity Futures Trading Commission (CFTC) identifiers to firms involved in OTC derivatives trading has gone live.
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