New Bear Stearns HQ With State-of-Art Technology Nears Full Occupancy
TRADING FLOOR TECHNOLOGY
NEW YORK--Bear Stearns has nearly completed the move to its new headquarters building at 383 Madison Ave. and should have all traders and support personnel moved in by March 1, says Don Henderson, managing director.
The building has space for eight trading floors, with about 340 traders on each, Henderson says. Floors three and four handle equities, while seven and eight handle fixed income and foreign exchange. The other four floors remain unoccupied and lack hardware but are wired for future
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: https://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact info@waterstechnology.com to find out more.
You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@waterstechnology.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@waterstechnology.com
More on Trading Tech
24X National Exchange faces uphill battle in exemption fight
The Waters Wrap: 24X wants exemption from the requirement that the SIP be operational during overnight hours for its overnight session to proceed. Nyela explains why that’s asking a lot.
CME’s Duffy addresses outages as exchanges push toward 24/7 trading
As senior exchange execs fielded questions about overnight trading in equities, the theme of resiliency lingered.
Bloomberg enhances feeds, Standard Chartered and TP Icap partner on digital assets, and more
The Waters Cooler: LSEG and ASX partner to modernize derivatives platform, MSCI acquires two companies, State Street bolsters data business, and more in this week’s news roundup.
Apac buy-side firms embrace AI, automation to optimize business processes
Survey of Apac buy-side firms shows growing AI, API and automation usage to enhance investment workflows and enable data integration
What does the future of trader voice look like?
The trader voice market has shrunk to three main players: IPC, BT, and Symphony. The battle for market share and desk real estate is pitting hardware against software.
Bloomberg Terminal’s agentic play shows rapid change in trading tech
Waters Wrap: The data giant’s conversational AI interface might seem novel, but others say having one is becoming a bare minimum in the world of trading technology.
Esma supervision proposals ensnare Bloomberg and Tradeweb
Derivatives and bonds venues would become subject to centralized supervision if the proposed reforms go through.
AllianceBernstein enlists SimCorp, BMLL and Features Analytics team up, and more
The Waters Cooler: Mondrian chooses FundGuard to tool up, prediction markets entice options traders, and Synechron and Cognition announce an AI engineering agreement in this week’s news roundup.
