Wall Street Passes Pandemic Test

The test was conducted by the Financial and Banking Information Infrastructure Committee (FBIIC) and the Financial Services Sector Coordinating Council (FSSCC). It was designed to enhance the industry’s understanding of the systemic risk to the sector, test firms’ response to an outbreak and examine how an H5N1 influenza pandemic’s impact on other critical infrastructures would affect the financial services sector, explain officials.

The test commenced on Sept. 24 with the pre-scenario brief

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Nasdaq reshuffles tech divisions post-Adenza

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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