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The Australian Financial Markets Association (Afma) says the country's bond and fixed income markets will move to T+2 settlement by March of next year, following a similar move already in place for equities.
Borsa Istanbul and Pakistan Mercantile Exchange Limited (PMEX) have signed a memorandum of understanding (MoU) with the goal of setting a framework for establishing a cooperative relationship between the two exchanges.
ITG, a New York-based agency-only broker, has reached a final settlement of $20,337,836 with the US Securities and Exchange Commission (SEC) after an inquiry on a proprietary trading pilot program that the firm operated for 16 months between 2010 and...
Standards body FIX Trading Community has announced the creation of six new subgroups aimed at addressing specific aspects of upcoming Mifid II regulations.
London-based financial information provider Markit has announced an agreement to acquire reporting and data management technology provider CoreOne Technologies that extends the firm’s capabilities into prime brokerage.
Axiom, a provider of technology-enabled legal services, named Matthew Keshav Lewis co-head of its global banking practice. Lewis will work with co-head Barry Quinn.
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