News & Commentary
Content posted in November 2009
Page 1 / 4   >   >>
Dubai's Debt May Hurt Banking Recovery
News  |  11/30/2009  | 
The state-owned company Dubai World wants more time to repay its debt. Given that it owes at least $59 billion to creditors, there are concerns a wave of defaults could be on the way.
Banks Are Surprise Supporters for Pay Regulation
News  |  11/30/2009  | 
The public comment period on proposed rules by the Federal Reserve to crack down on executive pay is over. In a surprise, banks are generally supportive of pay regulations
CBOE to Use Aqumin Business Intelligence Tools
News  |  11/30/2009  | 
To turn data into easily interpreted visuals.
Fidessa Enhances EMS Workstation Program Trading
News  |  11/30/2009  | 
Fidessa has launched enhanced program trading functionality for its EMS Workstation that allows users to manage lists or programs of orders through one trading blotter.
Alpha Trading to Measure Latency Using Corvil
News  |  11/30/2009  | 
Latency monitoring software said to be good at detecting "microbursts" or microsecond-long spikes in traffic.
Chi-X Global Begins Application Process to Bring New PTS Platform to Japan
News  |  11/30/2009  | 
Chi-X Global Begins Application Process to Bring New PTS Platform to Japan
Trade Bank of Iraq Enters FX Community via Thomson Reuters Dealing
News  |  11/25/2009  | 
TBI is the first bank in Iraq to connect to the international FX community using Thomson Reuters Dealing trading service, giving it access to liquidity and counterparties.
South Africa's PIC Live on Charles River Investment Management System
News  |  11/25/2009  | 
PIC has become one of the largest fixed income and money market investment managers in Africa, with approximately $100 billion in assets under management.
Client Acquisition and Retention in Banking
Client Acquisition and Retention in Banking
Wall Street & Technology Videos  |  11/24/2009  | 
Not only have financial firms been hammered by losses due to risky investments, but they are losing clients to competitors as well.
BGCantor Market Data, Thomas Ho Launch Analytics Suite
News  |  11/24/2009  | 
BGCantor Market Data, a subsidiary of BGC Partners, and Thomas Ho Company have teamed up to provide a suite of advanced real-time modeling and analytics called the E-series suite.
BGCantor Market Data Partners With Thomas Ho on Real-Time Analytics
News  |  11/24/2009  | 
New analytics products are designed for traders, portfolio managers, risk analysts and market professionals who require fast, flexible analytical tools to gain market insights and support their investment strategies.
Why Is ConvergEx Buying NorthPoint To Go Mini-Prime?
News  |  11/24/2009  | 
I spoke with Tom Galvin, CEO of Eze Castle Software and Douglas Nelson, CEO of NorthPoint, yesterday, to find out what motivated the transaction and how ConvergEx expects to leverage Northpoint's offering to expanding into the hedge fund space.
FSA Fines Nomura $2.9 Million For Inadequate Derivatives Controls
News  |  11/24/2009  | 
Nomura International has been fined $2.9 million by the FSA for systems and controls failings around book marking within its International Equity Derivatives business.
CME Group’s ClearPort Service Expanded, New API Launched
News  |  11/24/2009  | 
CME Group is expanding its CME ClearPort service to include clearing for CME and CBOT ex-pit transactions.
Bloomberg Launches Tradebook Order API
News  |  11/24/2009  | 
Bloomberg Tradebook has launched Tradebook Order API, which enables users to send orders directly from a desktop model to stock, option, futures and FX smart order routers.
TheMarkets.com Enhances API to Allow Customization
News  |  11/24/2009  | 
With the API serivice, clients can incorporate TheMarket.com's content, search functionality and tagging technology, including analyst earnings modelsl in Excel.
ConvergEx Acquires NorthPoint Trading Partners Prime Broker Business
News  |  11/23/2009  | 
Acquisition of NorthPoint adds established boutique prime broker platform to ConvergEx's suite of services.
ConvergEx Acquires NorthPoint For Prime Brokerage Services
News  |  11/23/2009  | 
ConvergEx has agreed to acquire NorthPoint Trading Partners in order to offer small and medium sized hedge funds access to introducing prime brokerage services.
StreamBase Connects to Chi-X Canada
News  |  11/23/2009  | 
StreamBase connected its CEP technology to alternative trading system Chi-X Canada, enabling customers to trade Canadian equities.
Economists Upbeat About Jobs
News  |  11/23/2009  | 
The National Association of Business Economists (NABE) has upgraded its employment forecast for 2010.
New Asset Bubbles May Be Growing
News  |  11/23/2009  | 
There's growing concern that the world's central banks are flooding financial institutions with too much cash, setting the stage for another asset-bubble burst.
Parametric Portfolio Associates Selects Fidessa LatentZero’s Minerva OEMS
News  |  11/23/2009  | 
Minerva OEMS is a fully integrated front-office position analysis and trading solution that provides support for all asset classes, including OTC derivatives, with real-time positions and P&L, integrated market data, order management and trading, with integrated compliance in a single application.
Deutsche Borse Acquires Algo Trading News Provider
News  |  11/23/2009  | 
In an effort to expand its Market Data & Analytics segment, Deutsche Borse has acquired U.S. financial news service Need to Know News, a provider of machine-readable news for algorithmic trading.
The Challenges of OTC Derivatives Market Reform (Video)
Commentary  |  11/23/2009  | 
Tabb Group Senior Analyst Kevin McPartland discusses OTC derivatives reform and broader financial reform in this video.
Senator Kaufman Calls for End to Sponsored Access
News  |  11/23/2009  | 
Senator Ted Kaufman (D-DE) has delivered a letter to SEC Chairman Mary Schapiro and four commissioners urging them to end sponsored access and “combat manipulative high frequency trading algorithms."
StreamBase Connects to Chi-X Canada
News  |  11/23/2009  | 
The extended connectivity offers a new venue on which StreamBase users can trade Canadian equities.
CFTC Chairman Calls for Comprehensive Reform to OTC Derivatives Market
News  |  11/20/2009  | 
Gary Gensler, chairman of the Commodity Futures Trading Commission (CFTC), says that most important thing that needs to happen to the over the counter derivatives market is comprehensive reform.
Congress to Take Closer Look at The Fed
News  |  11/20/2009  | 
A House panel has voted in favor of letting Congress take a closer look at the Federal Reserve.
Most Financial Advisors Long to Be Independent, Schwab Survey Says
News  |  11/20/2009  | 
Six out of 10 financial advisors at major firms are interested in becoming independent; 80% believe their clients would follow them, the survey found.
TGIF: Things Not to Be Grateful For: Goldman Sachs, Silverdome, Congressional Recess
News  |  11/20/2009  | 
Jon Stewart helps reduce the list of things we need to to be thankful for, saving us all kinds of time; ideas for making an elevator ride less boring.
IPC Combines Voice, Data Channels
News  |  11/19/2009  | 
IPC Systems has announced a shared IP access strategy as well as strategic upgrades to its network and trading solutions.
Tabb Study: Unintended Consequences of Regulatory Action Top Buy Side Concern
News  |  11/19/2009  | 
The risk of unintended regulatory consequences is the top market structure concern facing U.S. equity markets, according to buy side traders in Tabb Group’s annual study, “Institutional Equity Trading 2009-2010: Dark Pools, Transparency and Consequences.”
LCH.Clearnet Appointed Central Clearing Facility for Chi-East
News  |  11/19/2009  | 
Chi-East, the joint venture between Chi-X Global and Singapore Exchange Limited, have appointed LCH.Clearnet as the central clearing facility for its pan-Asian dark trading platform which is scheduled to launch in mid-2010.
Mereor Absolute Return Fund Picks GlobeOp as Fund Administrator
News  |  11/19/2009  | 
Merger and credit arbitrage fund cited GlobeOp's middle- and back-office support, integrated reporting and SAS 70 certification as factors.
OTC Derivatives Market Reform Update (VIDEO)
Commentary  |  11/19/2009  | 
Tabb Group Senior Analyst Kevin McPartland discusses OTC derivatives reform and broader financial reform in this video.
IBM WebSphere MQ Low Latency Messaging Completes STAC-M2 Testing
News  |  11/19/2009  | 
IBM sets performance standard in independent low latency benchmark for financial markets.
Ten Take Aways from Our Trading Summit
News  |  11/18/2009  | 
I just got back from Advanced Trading's fourth Buy Side Trading Summit. And although the event is off the record (no reporting using trader's or company names - a way to ensure the buy side feels free to open up -) I figured I'd share the top general takeouts from the event.
New Task Force Targets Financial Fraud
News  |  11/18/2009  | 
Following a rise in Wall Street trading scandals, the Obama administration announced a new inter-agency task force to crack down on financial fraud.
Did Geithner Do Right By AIG?
News  |  11/18/2009  | 
A report from the TARP Inspector General Neal Barofsky suggests the government overpaid a good deal to rescue AIG.
IND-X To Merge with Enzard Ltd.
News  |  11/18/2009  | 
IND-X combines its execution and commission management platform with with Enzard's independent research provider offering to expand in Asia.
Citi To Extend Electronic Options Trading to Buy Side Clients
News  |  11/18/2009  | 
Institutional Clients Can Now Access Citi's Market Leading Options Platform
Citi To Extend Electronic Options Trading to Buy Side Clients
News  |  11/18/2009  | 
Institutional clients can now access Citi's options platform.
Nasdaq to Provide Customers Latency Measurement from Correlix
News  |  11/18/2009  | 
Follows NYSE and Bats exchanges in providing information to members about the latency of its trading and data applications.
OTC Derivatives Reform Doesn't Go Far Enough
News  |  11/18/2009  | 
Independent consultant calls for more competition between securities and futures clearinghouses, allowing ATSs into futures and combining the CFTC and SEC into one agency.
Capco Launches Wealth Management Group
News  |  11/18/2009  | 
Capco has launched a North American Wealth and Investment Management Group to service wealth managers, investment institutions and investor services firms.
Financial Firm CIOs Strongly Favor IBM, Aite Survey Finds
News  |  11/18/2009  | 
HP, Microsoft and EMC also popular among the 80 CIO respondents.
Industry Aims to Secure Cloud
News  |  11/17/2009  | 
The obstacle to large financial firms' use of public clouds has been security, but industry groups and vendors are working to fix this. And internal clouds, protected within a firm's own firewalls, are under construction.
Page 1 / 4   >   >>


Register for Wall Street & Technology Newsletters
White Papers
Current Issue
Wall Street & Technology - Elite 8
The in-depth profiles of this year's Elite 8 honorees focus on leadership, talent recruitment, big data, analytics, mobile, and more.
Video
Exclusive: Inside the GETCO Execution Services Trading Floor
Exclusive: Inside the GETCO Execution Services Trading Floor
Advanced Trading takes you on an exclusive tour of the New York trading floor of GETCO Execution Services, the solutions arm of GETCO.