Not So Swift

BEFORE THE SPIN

When the news broke two weeks ago that the U.S. government was monitoring financial transactions that cross the Swift network, the response in the office was a touch sarcastic. Swift is on the front page of The New York Times? What's next—STP on CNN?

The furor from the resulting story was more dramatic than the details revealed in the initial story. Conservative pundits called for the White House to pull the Times' press credentials in the White House briefing room. A leading Republican called

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Systematic tools gain favor in fixed income

Automation is enabling systematic strategies in fixed income that were previously reserved for equities trading. The tech gap between the two may be closing, but differences remain.

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