Emerging Technologies
Cantor Expands to Ireland with Dolmen Deal
Cantor Fitzgerald has announced the acquisition of Dublin-based Dolmen Stockbrokers, in a move that gives the US firm an Irish presence.
KnightCo Looms, But First, Some History
Understanding the two behemoths at the center of the financial press these past few weeks, and the events that have led up to the present scenario.
Getco Outlines Merger with Knight in Board Letter
Electronic market-maker Getco has provided a solid outline of how a merger with Knight would operate in practice, in a formal bid submitted to the broker-dealer's board.
Q&A: Transparency Needs Make Bond Markets Tick
Post-credit crunch, the financial industry expects higher quality and timely fixed income data, with more accurate evaluated prices and transparency of exchange-traded assets, which could stimulate high-frequency bond trading. Simon Linwood, data manager…
Update: Industry Mulls COBA’s EU Tape Proposals
Planned commercial model for a consolidated tape of pan-European data attracts positive reaction, but needs input from more parties, industry says.
CQG Preps Prototype Lab, Eyes Mobile
The web-based test platform will allow CQG to elicit feedback as it builds a new mobile data platform.
See You at Waters USA
It's almost early December, which means that our Waters USA conference is right around the corner ─ specifically, this Monday, December 3.
SEC Appoints IT Division CIO
The US Securities and Exchange Commission (SEC) has announced that Todd Scharf will take on the role of CIO in its Office of Information Technology.
FSA Approves HKEx Purchase of LME
The UK Financial Services Authority (FSA) has given the green light for Hong Kong Exchanges and Clearing (HKEx) to acquire the London Metal Exchange (LME).
Advent and IntraLinks Combine for Research Offering
Advent Software has announced a partnership with IntraLinks, to create an automated interface between Tamale Research Management System (RMS) and IntraLinks.
Getco Makes Takeover Bid for Troubled Knight
Chicago-based Getco has tabled a bid to buy fellow electronic market-maker Knight Capital Group, which has been struggling since an expensive technical glitch cost the firm $460 million in August.
Xactium Opens London Office
Governance, risk and compliance vendor Xactium has opened an office in the City of London due to increasing business.
Hubscher to Lead Marketing at Object
Dan Hubscher has been taken on the newly created position of marketing director at direct market access (DMA) provider Object Trading.
NYSE, Chi-X Data Vets Lay Out Plans for EU Consolidated Tape
Proposals would set up an independent body to administer data capture and licensing, and commercial policies for European pre- and post-trade tapes.
RTS Realtime Systems Targets Asia-Pacific Expansion
Tech vendor RTS Realtime Systems has announced that CEO Steffen Gemuenden will relocate from its Chicago headquarters to Singapore, as the firm seeks to increase its presence within the Asia-Pacific region.
December 2012: The Other Butterfly Effect
Victor says acquisitions can be great successes or dismal failures, and firms must be vigilant and keep their focus on what matters.
Bending the Rules
Innovative use-cases at BNY Mellon and M&T Bank highlight how technology can better harness “data in motion,” just as firms are evolving the way their applications are controlled and behave. By Tim Bourgaize Murray
Elisse Walter Named SEC Chair, Likely to Seek Greater Coordination Abroad
Democratic commissioner Elisse Walter, who served as acting chairwoman in early 2009, takes over at the helm of the SEC in December.
Checks and Balances: Real-Time Reconciliation's IT Challenges
Although most firms tend to perform reconciliations on a same-day basis, these processes are dominated by manual input and prone to errors. Automated, real-time reconciliation has benefits not only for risk management, but also compliance and in…
Private Ties: Technology Rises in Private Equity
Much of private equity rests on old relationships and privity of information, but with limited partnership investments becoming more common for a wider array of investors, and a secondaries market gaining steam, technology is blossoming in unlikely…