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Max Bowie: Give a Little and You Get a Little

Despite the potential for manipulation of benchmarks like Libor, Max reports that new data sources designed to provide greater transparency and better pricing are basing their services on contributed data from market participants to give traders an edge…

Open Platform: The Evolution of the Smart Broker

The past couple of years have seen broad structural changes to the world’s financial markets, which have resulted in a permanent and profound shift in the role and operating environment of sell-side firms. James Blackburn discusses how success can no…

Case-Based Reasoning: Drilling Deeper

After a summer of monumental systems errors, the din of voices begging for imaginative reform in IT risk is steadily growing. Tim Bourgaize Murray searches the frontier of artificial intelligence and infrastructure-dependent industries like energy for…

Corporate Bonds' Brave New World

With the market structure for corporate bonds in flux, Tim Bourgaize Murray finds that good ideas abound, and greater automation may bring some empowerment to the buy side. But in this fragmented market, even technology can’t completely quell the…

Target2-Securities: Give and Take

Work on the Target2-Securities project, the pan-European settlement platform developed by the European Central Bank, continues to gather pace ahead of its 2015 launch date. What will it mean for central securities depositories, which are outsourcing…

HFT: The End of the World As We Know It?

Yesterday, European lawmakers voted in favor of introducing stricter controls around the controversial practice of high-frequency trading, proposing a regulation that would require all posted orders to be kept in the market for a minimum period of half-a…

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