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Is the LEI a 'Golden Saviour'?

Graeme Austin, CEO, Isitc Europe and Chris Pickles, co-chair FPL global education and marketing committee, and head of industry initiatives, global banking & financial markets at BT, on the promise of the Legal Entity Identifier.

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Google joins bidders to build US consolidated audit trail system

Google, Nyse Technolgies and Thomson Reuters are among 31 firms to throw their hats into the ring to build a consolidated audit trail (CAT) system to monitor and analyse US trading activity.

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IT savings to the fore as LSE agrees revised offer for LCH.Clearnet

The London Stock Exchange is expecting to realise EUR25 million in IT rationalisation and other cost savings as it agrees a revised £284 million cash offer to buy a majority stake in LCH.Clearnet.

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The challenges of a multi-asset world

Carl Weir, co-chair of the FPL Global Cross Asset Committee discusses the realities of a multi-asset trading floor.

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FBI taps SEC expertise on algo trading market manipulation

The FBI has begun working with a new Securities and Exchange Commission (SEC) unit to take on algorithmic trading-based market manipulation.

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ECB signs for Thomson Reuters Eikon

The European Central Bank has signed a three year deal to roll out Thomson Reuters' Eikon desktops across the ECB and 18 participating national central banks.

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ABN Amro penalised over fat finger client trading error

ABN Amro has been slapped with a Skr300,000 fine by Nasdaq OMX Stockholm after mistakenly trying to buy 70% of the issued share capital of industrial outfit SKF following a fat fingered trading error by a sponsored access client.

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UK govt trawls LSE share data for benefit claims assessment

The UK Department for Work and Pensions (DWP) is asking private firms to pitch for a contract checking share prices on the LSE to help it identify the incomes of people claiming benefits.

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ION Group agrees FFastFill acquisition

ION Group's acquisition spree shows no sign of ending, with the fintech firm's Pattington subsidiary agreeing to buy FFastFill in a cash deal which values the UK derivatives trading vendor at £106.1 million.

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Nyse Technologies turns on social media hosepipe

Nyse Technologies is to start distributing social media sentiment statistics from vendor SMA through its SFTI Network and SuperFeed market data service.

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Thomson Reuters to slash 2500 jobs

Thomson Reuters is to cut 2500 jobs from its underperforming financial and risk division by year end.

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Twitter chatter influences stock prices - survey

Share price volatility is affected by the chatter of public opinion on social media sites such as Twitter and Facebook, according to UK financial professionals.

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LSE acquires controlling interest in Gatelab

The London Stock Exchange has acquired a 67% stake in Italian low latency software house Gatelab.

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Nyse Euronext to close New York Block Exchange

Nyse Euronext is shutting down its electronic block trading venue because of a lack of interest.

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New EU derivatives rules to come into force in mid-March

New rules on the processing of derivatives contracts over exchange platforms are set to come into force in mid-March after being passed by the European Parliament.

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Are you ready for the Common Reporting changes?

Stuart Clark, MD of Impendium discusses understanding the Common Reporting Framework or Corep.

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DCM Capital auctions itself on line - starting bid £1

DCM Capital, provider of algorithmic sentiment analysis technology, put itself up for auction on its website today, with the tag line 'We're for sale'.

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Crowdcube becomes first regulated crowdfunding platform

Crowdcube, the equity crowdfunding website, is now authorised by the Financial Services Authority (FSA). The authorisation makes Crowdcube the only regulated equity crowdfunding platform where investors can become direct shareholders in UK businesses.

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US Treasury official to oversee LEI project

An official of the US Treasury Department's Office of Financial Research (OFR) has been selected to be chair of an international committee overseeing the launch of the Legal Entity Identifier (LEI), a global standard for financial data.

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Nasdaq OMX merges data and index units

Nasdaq OMX is merging its data and index businesses as it continues to seek ways to reduce its reliance on stagnating stock market volumes.