Tech
Finra Fines Sell-Side Firms for Lacking 'Adequate Supervisory Systems'
Self-regulatory body says Citi, Morgan Stanley, UBS, and Wells Fargo did not have sufficient knowledge of leveraged and inverse ETFs they were selling.
'Broken Markets' Have Learned Little Since 2010 Flash Crash
Sal Arnuk, a partner at Themis Trading, takes a look back at the May 6, 2010 Flash Crash and finds that little has changed, to the detriment of the market as a whole.
BNY Mellon Adds MarginSphere for Collateral Management
The bank will integrate the messaging solution from AcadiaSoft into its platform for institutions' collateral management.
'Broken Markets' Have Learned Little Since 2010 Flash Crash
Sal Arnuk, a partner at Themis Trading, takes a look back at the May 6, 2010 Flash Crash and finds that little has changed, to the detriment of the market as a whole.
Beyond the Easy Win: Sands Capital CTO Ryan Bateman
Ryan Bateman had never been a CTO and Sands Capital had never had a CTO—it was a curious pairing. But Bateman has come in and established his credibility, and now he has to keep that winning streak going. By Anthony Malakian
Scratching the Surface of Mobile Technology
Mobile technology, while still in its nascence in the capital markets, has enjoyed significant uptake over the past 18 months as growing numbers of firms have started to roll out apps designed specifically for tablets and smartphones. But as Victor…
State Street Releases Opera Reporting Solution
With the release of the industry risk aggregation protocol, State Street has announced a new compliant reporting solution.
Chi-X Europe Completes Bats Migration
Five months after the deal between Chi-X Europe and Bats was struck, all order books have been transitioned to Bats' technology.
Deutsche Börse Completes Eurex Acquisition
Frankfurt-headquartered exchange pays €295 million ($390 million) and 5.3 million shares to Six Swiss Exchange.
Banks Forced to Spend 'Precious' Capital to Comply with Regulation
Bob Park, CEO of Fincad, says regulations and consequent technology costs are restricting banks' use of 'precious' capital.
Praxient Goes Live with i-Recs
Hedge fund uses software for daily reconciliations.
Knight Appoints Maasland to Senior Role
Former Saxo Bank chairman takes on post at electronic market maker.
Advent Unveils New Cloud-Enabled Platform for Asset, Wealth Managers
In addition to packaging its suite of products into a single platform, Advent has also rolled out a new user interface and added business intelligence reporting.
NICE Actimize Unveils Hedge Fund Compliance Solution
Hedge funds can now benefit from NICE Actimize's non-compliance detection models.
Clearstream Joins T2S Initiative
CSD to support move to pan-European settlement platform.
Shaky Start to 2012 Hits NYSE Euronext
Bourse group's profits down amid failed merger and weak market conditions.
SunGard Launches Valdi Options Risk Manager
Following on the heels of two previous Valdi risk solutions, the new solution offers additional functionality including the support of international market data.
With Merlin Securities Buy, Wells Fargo Gains Open-Architecture Prime Brokerage Offerings
In addition to Merlin's technology offerings, the move gives the bank its first prime brokerage.
Asean Link Adds FTSE Analytics, Set to Begin Trading in June
Group of Southeastern Asian exchanges affirms schedule, with SGX and Bursa Malaysia to be connected in June.
Bank of Communications Selects Settlement Solution
China-based bank picks solution from Nomura Research Institute for seamless connection to the Bank of Japan for foreign exchange (FX) yen clearing.
Nasdaq OMX to Upgrade Nigerian Bourse's Trading Platform
US group to implement cash equities technology.
Meeting of the Minds
TCA, shrinking budgets, outsourcing and regulation dominated this year's Trade Tech.
The State of Cloud Computing—the Results Might Surprise You
After moderating a webcast on cloud computing, Anthony finds that a lot of people are still uncomfortable with the cloud. Also, the Waters Rankings are open ...VOTE NOW!
FSMLabs Selects Arista Switches
The precise switches will be used in the TimeKeeper time management software for high-frequency trading.