1 year ago...
The big Institutional Investors certainly got bigger in 1998, due largely to the inertia of industry consolidation; creating a need, at the very least, to review existing systems, if not replace them entirely. What ensued was the demise of antiquated, often proprietary systems in favor of new, usually off-the-shelf platforms. The year commenced with Union Bank of Switzerland’s merger with Swiss Bank and ended with Deutsche Bank’s purchase of Bankers Trust (January 4, 1999).
Bryan Harkins joins to discuss how the CBOE-Bats integration is going and plans for the exchange operator going forward. Anthony and James talk about the SEC hack and Esma's potential new powers.Subscribe to Weekly Wrap emails