1575 articles tagged with this keyword
News/Dealing rooms
A quarter of financial institutions around the world are exiting businesses because of the impact of increased capital requirements, according to a survey by the Professional Risk Managers' International Association (Prmia).
09 October 2012
Shortening the time period between trade execution and settling payment for US cash securities transactions could reduce the industry's costs and risk exposure by several hundred million dollars a year, according to a report from the Boston Consulting Group (BCG).
05 October 2012
The London Stock Exchange's former head of post-trade services Kevin Milne has been appointed CEO of Singapore's Rates Validation Services, a benchmarking firm which is looking to set up an alternative to Libor, the discredited interbank lending rate.
03 October 2012
Former Chi-X Europe chief executive Alasdair Haynes is preparing to launch another alternative trading system in the region, according to Bloomberg.
01 October 2012
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
Finextra TV/Dealing rooms
How will the market cope? Is the industry ready for T+2? Find out more by registering to watch this webcast now.
Mark Davies, vice president, data business development at the DTCC looks at the industry readiness for a legal entity identifier and explains the funding structure for the CICI Utility Database.
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
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