991 Results from /wholesale
Paul Penrose Head of Research at Finextra
As leading FTSE shares post triple-digital losses in London this morning, the markets await with trepidation the response from Wall Street. The continuing slide in stocks in London follows further reverses in the Dow on Friday afternoon and another hammering for the Asian markets this am. The market wobble couldn’t have come at a worse time for U...
05 March 2007 /wholesale
Nice to see the legacy human interface saving the day for Nyse after Tuesday’s run on stocks sent the Big Board’s fancy new electronic trading system into a tailspin. Capacity constraints forced the Nyse to shut down its automated trading system after a meltdown in Chinese share prices prompted a global panic that so upset the Dow Jones index calc...
01 March 2007 /wholesale
Retired Member
I have read several articles in the financial press recently that so obviously regurgitate old press clippings. This laziness on the part of journalists leads to some regular and common inaccuracies, but none more so than the myth that abounds that SWIFT was ‘co-founded’ by Bessel Kok and a couple of friends! Why am I bothered you could ask, well...
28 February 2007 /payments /wholesale SWIFT Matters
Addled BlackBerry users looking to indulge their inclinations or control their CrackBerry habits now have a Website on which to find both a fix and a cure. CrackBerry.com offers help forums, beginner’s guides, downloads, an accessory store, and social networking features. The site is also updated daily with news, reviews and celebrity Blackberry ...
28 February 2007 /wholesale
John Cant Managing Director at MPI Europe Ltd
At MPIE we recently provided input to a whitepaper from NetApp - a leading unified storage solutions supplier - on compliance trends and how to reduce the risk and costs of their impact. I will leave you to judge the specific merits of the NetApp solution, but the general principles are clear. By understanding and designing for the wider complianc...
27 February 2007 /regulation /wholesale MiFID
It’s déjà vu all over again. An imminent early switch to daylight savings time in the US is raising fears of a Y2K-style disruption to date-sensitive computer applications. And the problems could extend far beyond US shores. Thanks to a new law aimed at saving energy, daylight savings time in the US will start three weeks earlier on 11 March and en...
22 February 2007 /retail /wholesale
All eyes on Deutsche Börse and Italy’s Monte Titoli after rival exchange Euronext divested itself of all but five per cent of its holding in clearing and settlement agent LCH.Clearnet (LCH.Clearnet to buy out Euronext). European investment banks and lawmakers in Brussels have been pushing Europe’s exchanges to cut their ties to post-trade clearin...
15 February 2007 /wholesale Finextra50 fintech index
If, as seems increasingly likely, the London Stock Exchange succeeds in seeing off Nasdaq’s attempted hostile takeover, it will at the same time deal a serious blow to the ambitions and reputation of Nasdaq CEO Bob Greifeld. His aggressive, single-minded pursuit of the London Stock Exchange has already earned Greifeld the less-than-flattering tag ...
05 February 2007 /wholesale
It’s been a long time coming, but Joe Public, and the companies that serve him, are finally wising up to the risks and challenges posed by global warming. This week saw the publication of no less than three separate reports - by Lehman Brothers, UBS and the Financial Services Authority - highlighting the perils posed by human-induced climate chang...
02 February 2007 /regulation /wholesale
Nick Hastings
Occupying the former Bank of New York building on Leadenhall Street, Prism restaurant and bar is an ideal choice for after work drinks, dinner or lunch. The basement bar has an excellent choice of beers, wine and cocktails both alcoholic and non-alcoholic – very handy if you’re on the wagon. Plus a good selection of bar snacks, ideal for a quick w...
30 January 2007 /wholesale After hours
Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.
Please read our Privacy Policy.