Dealing rooms

1575 articles tagged with this keyword

/Dealing rooms

SGX invest $250m in 'world's fastest' trading engine

The Singapore Exchange (SGX) has outlined plans to spend $250 million and tap technology from Nasdaq OMX to build what it claims will be the world's fastest trading engine.

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EU Parliament bids to stifle derivatives trading

The influential EU Economic and Monetary Affairs Committee has called for an outright ban on speculative trading in certain derivatives contracts and the imposition of higher capital requirements for firms handling contracts that are not cleared centrally.

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Sophis up for sale - Reuters

Private equity firm Advent International has hired Credit Suisse to help sell Paris-based portfolio and risk management technology vendor Sophis, according to Reuters.

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Starbucks opens coffee booth on Nyse trading floor

Starbucks has opened a coffee booth on the floor of the New York Stock Exchange (Nyse) to serve caffeine-deprived traders during lulls in trading.

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Tora to expand Crosspoint dark pool across Asia

Tora is expanding its Crosspoint dark pool across Asia following its launch in Japan earlier this year.

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BME delays launch of EU-wide OTC repository; welcomes Clearstream as partner

Spain's Bolsa Y Mercados Españoles (BME) has set back the launch of a planned OTC trade repository by six months until the end of the year. The project's cross-border aspirations have received a boost, however, with Clearstream banking announcing its support for the venture.

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Dealerweb to take on Icap and BGC in electronic T-bill trading

Bank-backed inter-dealer broker Dealerweb plans to take on Icap and BGC partners with the launch of electronic trading of US Treasury bills, according to a report in BusinessWeek.

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Lombard gains on new liquidity regs

Shares in Lombard Risk Management have risen 20% on pipeline deals related to new UK liquidity regulations, despite the company reporting widening losses for the year ending March 2010.

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SEC votes in favour of $4 billion audit trail; Finra widens net to back office

The Securities and Exchange Commission has voted to approve a proposal requiring national securities exchange to establish a consolidated audit trail of all stocks traded in US markets from order through to execution.

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CME taps Citadel exec to head new co-location programme

The Chicago Mercantile Exchange has hired Citadel executive Craig Mohan to spearhead a new co-location and data centre push aimed at the high frequency trading market.

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Chi-X Europe reshuffles board as Mackay moves aside

Chi-X Europe has appointed John Woodman as chairman, replacing long-standing incumbent and founding CEO Tony Mackay (pictured), who moves to take up a non-executive position of chairman emeritus at the global equities exchange

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Six banks to publish daily dark pool data

Six leading investment banks are to report cash equity trade volumes crossed in their internal dark pools via a post-trade market data service provided by Markit.

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CFTC ready to bin the fax as it tries to get to grip with tech-driven markets

The US Commodity Futures Trading Commission is to establish a technology advisory committee after admitting that it struggles to keep pace with technological advances and that it continues to use faxes and manual entry forms for reviewing trading account data.

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Thai bourse set on fire

Thailand's stock exchange and several banks were set on fire today by anti-government protesters as violence in the capital escalated despite the surrender of red shirt leaders.

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Banks warned over World Cup fraud risks as JP Morgan quants predict England win

This summer's World Cup could leave banks struggling to protect themselves and customers against card fraud, as a surge in unusual transactions throws off risk scoring mechanisms, claims vendor Actimize.

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Flash crash prompts circuit breaker roll-out

The Securities and Exchange Commission (SEC) has called for uniform circuit breakers on all S&P 500 stocks in response to the "flash crash" that caused mayhem earlier this month.

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DTCC moves a step closer to corporate actions standardisation

The Depository Trust & Clearing Corporation (DTCC) has released for public comment a first set of drafts of corporate action announcement messages under the international ISO 200022 format.

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S&P cuts Nyse Euronext rating on clearing plans; puts LCH.Clearnet on 'creditwatch'

Standard & Poor's has cut the credit rating of Nyse Euronext and warned that LCH.Clearnet may face a similar fate following the exchange's decision to sever ties with the clearing house.

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Finra fines Deutsche Bank and NFS over short sales violations

Deutsche Bank Securities and National Financial Services (NFS) have been fined a total of $925,000 by US regulators for violating short order rules by circumventing their direct market access (DMA) trading systems.

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'Flash crash' post-mortem points to high speed trading curbs

Curbs on high speed trading in US markets appear inevitable as policymakers pore over the sequence of events that led to the dizzying plunge in the Dow Jones Industrial Average last week.