Latest Dealing rooms News: Finextra Research

Lords call for halt to "rushed" MiFID II reforms

The UK's House of Lords has urged the European Commission to call a halt to proposed changes to the Markets in Financial Instruments Directive (MiFID II), labelling the reforms as "ill-thought out" and potentially damaging to the City of London.

10 July 2012

News/Dealing rooms

DTCC outlines plan to eliminate paper stocks

The Depository Trust and Clearing Corporation (DTCC) has outlined a multi-year programme for the complete elimination of paper securities certificates from US financial markets.

09 July 2012

News/Dealing rooms

Thomson Reuters to buy FXall

Thomson Reuters has agreed to acquire multi-bank electronic foreign exchange platform FX Alliance (FXall) for around $625 million in cash.

09 July 2012

News/Dealing rooms

Nyse Euronext secures SEC approval for retail liquidity programme

The Securities and Exchange Commission (SEC) has given Nyse Euronext the green light to pilot a programme designed to attract retail investors from dark pools.

06 July 2012

News/Dealing rooms

EU-backed group releases social media sentiment surveillance prototype

Project First, the European Union-backed research effort to find a way of extracting and analysing financial services-related sentiment from social media networks, has launched its first running prototype.

05 July 2012

News/Dealing rooms

EU pushes through OTC regulation

The Council of the European Union has adopted a regulation requiring financial firms to clear over-the-counter derivatives contracts through a central clearing counterparty and report them to trade repositories.

04 July 2012

News/Dealing rooms

Data management consolidation trend continues as AIM Software acquires ABI Informatic

Swiss reference data outfit AIM Software has acquired neighbouring rival ABI Informatic, continuing the trend for consolidation in the financial data management industry.

04 July 2012

News/Dealing rooms

Thomson Reuters lifts restrictions on RICs

Thomson Reuters is to make its proprietary Reuters Instrument Codes available beyond its desktops and feeds for use across the trade processing lifecycle by both customers and non-customers.

27 June 2012

News/Dealing rooms

Bloomberg unveils real-time industry research platform

Bloomberg has launched a global portal providing interactive, continuously updated industry research and data from a team of more than 100 professionals.

26 June 2012

News/Dealing rooms

I Robot: Thomson Reuters adds psych analysis to machine-readable news

Thomson Reuters is adding "psychological analysis" to its machine-readable news service, interpreting the emotion and sentiment of stories and social media posts to help investors develop trading strategies.

25 June 2012

News/Dealing rooms

Borsa Italiana prepares for weekend switch to MillenniumIT

Borsa Italiana is to shut down trading on the TradEelect platform for the final time after markets close Friday, in preparation for a big bang migration to the London Stock Exchange's MillenniumIT trading system.

21 June 2012

News/Dealing rooms

StreamBase partners Gnip to integrate social data in CEP platform

StreamBase Systems has integrated its complex event processing (CEP) platform with Gnip, a provider of data from social media sites such as Twitter and Tumblr.

19 June 2012

News/Dealing rooms

Plus IT team agree buy-out of trading technology arm; shareholder row intensifies

Plus Markets is to sell its technology platform to Forum Trading, a new company whose founder shareholders consist of Hirander Misra, the former co-founder and COO of Chi-X Europe, Tony Harrop, the chief technology officer of Plus Markets Group, Richard Atkins, formerly head of trading system management & development at the London Stock Exchange and all eight employees of the Plus-TS technology team.

15 June 2012

News/Dealing rooms

Icap lifts Plus purchase price to £500,000 in an effort to win over shareholders

Icap has moved to appease dissident shareholders looking to derail its acquisition of Plus Stock Exchange by raising the purchase price to £500,000 from £1.

14 June 2012

News/Dealing rooms

Euroclear to join T2S project

The European Central Bank's plans to develop a common framework for securities settlement across Europe have been boosted by the agreement of three Euroclear central depositories in Belgium, France and The Netherlands to participate in the scheme.

12 June 2012

News/Dealing rooms

Shagoury made COO, Milne leaves in LSE management reshuffle

London Stock Exchange CIO Antoine Shagoury has been made chief operating officer as part of a management reshuffle that also sees director of post-trade services Kevin Milne leave the group.

12 June 2012

News/Dealing rooms

UBS ponders Nasdaq OMX legal action over $350m Facebook IPO disaster - CNBC

Swiss bank UBS is weighing legal action against Nasdaq OMX after losing up to $350 million during the botched Facebook IPO, according to CNBC.

11 June 2012

News/Dealing rooms

Isda enlists Markit for OTC documentation Dodd-Frank compliance

The International Swaps and Derivatives Association (Isda) has called in Markit to help it develop a system enabling counterparties to amend their over-the-counter derivatives documentation for Dodd-Frank compliance.

08 June 2012

News/Dealing rooms

Young quits Nyse Technologies to join Bloomberg

Stanley Young has resigned as CEO of Nyse Technologies to join Bloomberg as chief executive of the market data vendor's enterprise products and solutions division.

01 June 2012

News/Dealing rooms

ISO publishes LEI standard

The International Organisation of Standardisation (ISO) has published a standard for Legal Entity Identifiers, designed to provide unambiguous identification of counterparties engaged in financial transactions.

31 May 2012