Bank of New York Does the Jaywalk

TRADING TECHNOLOGY

With a spotlight on the conflict-of-interest issues surrounding in-house research divisions, independent research companies are sitting pretty.

The week before Christmas, New York Attorney General Eliot Spitzer leveled a $1 billion fine to end the investigation into financial firms' in-house analysis irregularities, and the firms are in the process of agreeing to pay an additional $500 million over five years to buy independent research and distribute it to clients.

One firm, however, is

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Adenza is now fully integrated into the exchange operator’s ecosystem, bringing opportunities for new business and a fresh perspective on how fintech fits into its strategy.

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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