Goldman Sachs
Post ‘Hash Crash,’ Social Media Traders Experience Trust Issues
The financial markets are abuzz with the potential of social media as an input to trading decisions. But in the wake of the impact of recent Twitter hacks on the markets, should traders be more careful about the weight they assign “social” data sources?
Latency Hardware: Threading the Needle
From proprietary field-programmable gate arrays (FPGAs) to flexible kill switches, North American Trading Architecture Summit panelists say good strategy always fits the right hardware to purpose.
Buy Side Still Not Ready for June 10 Swaps Deadline
Apparently one set of guinea pigs wasn't enough. Even though Category 1 swap participants─swap dealers and the largest hedge funds─have been clearing most of their interest rate and credit default swaps since March 11, Category 2 participants─a group…
After Lsoc Implementation, Talk of Algo-Enabled Portability
The legally-segregated, operationally-comingled (Lsoc) paradigm is designed to bring greater protection to futures on a customer and ecosystem basis. Futures Commissions Merchants (FCMs) and clearinghouses are pondering a pair of technology issues as…
Omgeo Adds Three to Board
Edward Hazel, Richard Taggart, and Susan Cosgrove replace John Devine, Peter Johnston, and Donald Donahue, who are stepping down from the post-trade services provider's leadership.
Moscow Exchange Announces IPO
Moscow Exchange has announced the successful pricing of its initial public offering (IPO) in Moscow, which has been set at RUB 55 ($1.83) per share.
Identification Breakdown?
The structures and parameters for global implementation of a legal entity identifier are in place, but industry professionals are finding cracks in the registration process that undermine its accuracy. Michael Shashoua describes some of the issues now…
2012's Financial Crime Coups Raise Stakes, Anxiety
Global regulation was the year’s obsession, but criminal probes─from rate rigging to rogue trading; sanctions violations to insider bets─won the headlines in 2012. Not every financial crime has a ready tech fix, but with buy-side cornerstones like SAC…
FXall Adds Three Banks for Options Pricing
FXall, the Thomson Reuters-owned foreign exchange (FX) platform, has announced the addition of JPMorgan, Morgan Stanley and Goldman Sachs to its Multibank Options offering.
Tightening the Belt
It's not just people and processes, but everything else that costs money. Just ask the banks.
Strategic Grease
Speakers at an Inside Reference Data webcast on October 17 related progress in gaining acceptance for implementation of the legal entity identifier, writes Michael Shashoua
Building Blocks The Evolving State of Datacenters
While datacenters are an accepted part of the technology landscape, they’re remarkably inflexible and expensive by nature. But new technologies such as modular datacenters and financial extranets are beginning to uproot the traditional buy-and-build…
Legal Entity Identifier webcast: Implementation Challenges
During an Inside Reference Data webinar on October 17, industry experts discussed the latest developments in implementation of the legal entity identifier (LEI).
Euroclear To Launch Online Service For Corporate Actions
EasyWay has been developed in close collaboration with five financial firms and will provide users with a consolidated view of corporate actions data, including uninstructed balances, pending instructions and tri-party collateral
EFIS 2012: Agility Key in Latency Race-Turned-Marathon
Ability to adapt to changing market dynamics and take advantage of opportunities is now faster than raw speed, panel says.
Goldman Sachs Takes IO Modular Datacenter Strategy
Goldman Sachs has entered a partnership with datacenter operator IO, utilizing its modular strategy to downsize investment in traditional warehouses.
The Risk FIX: Technologists Eye FPL Risk Guidelines
In June, FIX Protocol Ltd. released a new batch of risk-control guidelines for futures and options contracts executed via algorithms and direct market access, notably setting out a framework for pre-order acceptance checks. Tim Bourgaize Murray finds…
Infographic: Major Bank Fines in 2012
A visualization of some of the largest regulatory penalties levied this year.
Square Peg
Canadian firms and regulators are debating whether proposed risk management policy makes the country’s market incompatible with global standards. Michael Shashoua reports on the industry’s preparations
State Street to Acquire Goldman Sachs Administration Services
The deal, worth $550 million, is scheduled to complete in Q4, 2012.
Toronto FIS Live: Adapting to a Changing Regulatory Landscape
Inside Reference Data editor Michael Shashoua reported via Twitter from the Toronto Financial Information Summit on July 12, covering a panel discussion on the impact of changing regulation on data management and trading technology
But We’re Not Dead, Yet?
Banks submit their living wills to regulators, and move on swiftly.
FIX Protocol Ltd. Expands Risk Control Guidelines for Trade Messaging
The industry group adds recommendations for futures and options derivatives and directions on effective control for paused orders, among other guidelines.