Dealing rooms

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/Dealing rooms

Barclays Stockbrokers taps social media for investor info platform

Barclays Stockbrokers has introduced an investment communications platform that uses Twitter, blogs and podcasts to keep clients up to date with news, views and insights.

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Transparency and price discovery suffering under MiFID - CFA

Fragmentation in European equity markets has had little impact on price formation, but transparency and trade reporting have suffered under the Markets in Financial Instruments Directive (MiFID), according to a study conducted by investment body the CFA Institute.

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TSE ordered to pay Mizuho Y10.7bn over 'fat finger' trade botch-up

The Tokyo Stock Exchange (TSE) has been ordered to pay Y10.7 billion (£73m) to Mizuho Securities in compensation for losses incurred following a botched trade in 2005.

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CME to launch CDS clearing house with support of eight major dealers

After months of wrangling, The Chicago Mercantile Exchange has finally secured agreement with eight leading dealers to participate in its credit default swaps counterparty clearing initiative.

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Progress Software to slash workforce

Massachusetts-based enterprise technology provider Progress Software is set to cut its global workforce by between 12% and 14% in a bid to cut costs.

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StockTwits raises $3m

StockTwits, a social microblogging site which picks up tweets from traders, has closed a $3 million series b financing round led by Foundry Group and existing investors True Ventures and Brad Feld.

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Six Swiss Exchange to move Swiss Block dark pool to SmartPool

SIX Swiss Exchange is to move its Swiss Block dark pool service for Swiss blue chips to SmartPool, following the closure of the Nyfix Euro Millennium platform earlier this week by new owners Nyse Technologies.

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CBOE prepares to demutualise after settling suit

The Chicago Board Options Exchange (CBOE) has settled a long-running legal dispute with members of the Chicago Board of Trade (Cbot), paving the way for demutualisation within "days or weeks".

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Deutsche Börse abandons Warsaw Stock Exchange bid but Vienna still interested

Poland's treasury has called off the sale of a majority stake in the Warsaw Stock Exchange to Deutsche Börse and is instead planning an initial public offering.

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Thomson Reuters woos algo traders with machine-readable company events

Reflecting the growing influence of computer-driven trading strategies, Thomson Reuters has expanded its machine-readable news offering to include real-time analysis of company events.

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Investor behaviour determined by genetic factors

Investor behavior is largely determined by nature rather than nurture according to a new study of identical twins conducted by finance professors at Claremont McKenna College and the University of Washington.

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Chi-X Europe confirms Haynes as CEO

In a widely-tipped move, Chi-X Europe has confirmed that Alasdair Haynes will take over as chief executive officer of the pan-European MTF, subject to regulatory approval.

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Nyse completes Nyfix take-over; shuts down Euro Millennium dark pool

Nyse Technologies has shut down the Euro Millennium dark pool following completion of its $144 million take-over of Nyfix.

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Thomson Reuters buys ESG data provider Asset4

Thomson Reuters has acquired Asset4, a Swiss provider of environmental, social responsibility and governance (ESG) data. Financial terms of the deal were not disclosed.

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Deutsche Börse to buy 75% stake in Tradegate Exchange

Deutsche Börse has agreed to buy a 75% stake in Tradegate, a Berlin-based MTF catering to the retail market that is set to become a regulated exchange early next year.

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Swift bids to woo investment managers with new microsite

Bank-owned payments network Swift has launched a purpose-built microsite for investment managers in a bid to get more traction with buy-side institutions.

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Thomson Reuters looks for Top Traders on facebook

Thomson Reuters is inviting students on facebook to participate in a virtual trading game with a chance to win £1000.

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Gremlins strike again at LSE; Chi-X rails at suspension, calls for total shutdown

The London Stock Exchange is once again grappling with technical problems on a day when its shares have taken a hammering on fears that Borse Dubai may be forced to dump its 20% stake in the UK market.

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Scientists create formula for producing better traders

Cambridge researchers say that a smart combination of testosterone, experience and profit-sharing incentives - rather than big-money bonus payouts - produces traders who are capable of consistently outperforming the market.

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Interactive Data to buy Online Financial Solutions assets from Dow Jones

Interactive Data has agreed to buy the assets of Online Financial Solutions (OFS) from Dow Jones.