Trade execution

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/Trade execution

Deutsche Bank bans chat rooms as Europe takes banks to task over rate rigging

On the day it was fined EUR725 million by the EU for rate rigging, Deutsche Bank has confirmed that it has banned traders from using chat rooms, which have proved a fruitful hunting ground for regulators sniffing out market manipulation.

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Energy traders get ready for Remit

Stuart Clark, CEO of Impendium, discusses the wave of new regulations soon to impact the energy market.

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UK and Ireland to move to T+2 settlement

The UK and Irish capital markets are to move to a shortened T+2 securities settlement timeframe with effect from October 2014.

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Hong Kong brokers tap Markit to meet new e-trading and algo rules

A collection of Hong Kong-licensed brokers have enlisted Markit to help them comply with new electronic trading rules on the island.

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Investors express alarm over caps on dark pool trading

EU proposals to impose volume caps on transactions executed over dark pool trading venues are meeting stiff resistance from investors, according to research from Tabb Group.

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UBS bans chat rooms

UBS has become the latest bank to ban traders from using multi-dealer and social chat rooms, which are being trawled by regulators for evidence of market manipulation.

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Noll quits Nasdaq OMX for ConvergEx

Nasdaq transaction services lead Eric Noll has quit the US exchange to join capital markets brokerage and tech house ConvergEx Group as president.

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Live Blog: Swift Nordics Regional Conference 2013

Compliance and beyond: navigating challenges and exploring opportunities in the Nordic financial landscape

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ICE to ditch Nyse Technologies; spin off Euronext

IntercontinentalExchange has confirmed plans to sell Nyse Euronext's technology unit and spin off the Euronext exchange in an initial public offering.

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What are non-financial companies?

Will Cawthorne, head of sales, Impendium Systems, explains what exactly non-financial companies are and their regulatory obligations.

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EU-backed social media sentiment project releases market surveillance tool

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 concluded with the launch of a prototype market surveillance system.

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Finextra partners Level39/Innotribe for Future Money innovation conference

Finextra and Level39, in association with Innotribe, are to host a two-day conference exploring the new wave of innovation sweeping across the financial services sector.

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La Caixa unveils social network for investors

Spain's la Caixa is bidding to boost take-up of its online broker service with the launch of a social network for investors, a range of new interactive tools, and revamped mobile and tablet apps.

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HFT makes markets more efficient - ECB paper

As European law-makers close in on a deal to tighten rules on high-frequency trading, a new paper from the ECB warns that curbing the practice could make markets less efficient.

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Impact on derivatives in AsiaPac

There has been a lot of talk about regulations impacting derivatives in Europe and the US. Stuart Clark, MD at Impendium, discusses the effect regulations will have on the market in Asia Pacific.

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Aquis Exchange receives FCA green light

Aquis Exchange, a pan-European trading exchange set up by industry veteran Alasdair Haynes, has received approval from the UK's Financial Conduct Authority (FCA) to begin trading as a multilateral trading facility.

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ICE and Nyse Euronext postpone merger date

Nyse Euronext and IntercontinentalExchange have postponed the closing date of their pending merger transaction as they await approval from European regulators.

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Nasdaq blames human error for latest outage

As Nyse Euronext carries out systems testing ahead of the upcoming Twitter IPO, rival Nasdaq OMX has blamed human error for its latest outage.

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Deutsche Bourse IT reshuffle continues as Keller named CIO

The ongoing restructuring of IT responsibilities at Deutsche Börse continues as the German exchange names Swiss-born IT engineer Rene Keller from Information Mosaic as its new Chief Information Officer.

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UK bitcoin exchange opens

Coinfloor, a London-based bitcoin exchange bidding to build a market for high-frequency trading in the virtual currency, has opened its doors.