Trading Tech
SunGard Expands Loanet
The new service automates the collection and settlement of rebates from firms borrowing or lending securities.
Spanish Exchange Calls Orange for HFT Flow
Madrid-based exchange operator Bolsas y Mercados Españoles (BME) has connected to Orange Business Services' TCSnet to attract faster flow.
The Two-Day Maneuver
For something relatively simple in concept, the shortening of settlement cycles can be rather complex in practice. Moving away from T+3, though, is inevitable, and it has a solid groundswell of support within both the buy and sell sides.
Fidessa Promotes Chatterjee, Opens Mumbai Office
Trading software vendor Fidessa has announced the opening of a new location in Mumbai, India.
Human Error, Not Tech, Blamed in Morning Index Scare in India
This morning, the National Stock Exchange (NSE) of India halted trading for 15 minutes when a primary index, the S&P CNX Nifty, rapidly dropped over 900 points to a low of 4,888.20, after opening at 5,815.00, losing 16 percent of its value.
Latency Becomes Costly Race of Attrition
As ultra-low latency becomes harder and more expensive to achieve, some firms are deciding not to pursue further upgrades, and focus their efforts elsewhere, said panelists at Inside Market Data Chicago
Colorado Startup Fund Manager Happy With Linedata
Public Trust Advisors had to find back-office solutions quickly, but its choice has worked out thus far.
Is Apple's iPhone Beginning to Establish its Dominance on Wall Street?
At this year's Buy-Side Technology North American Summit, technology leaders at several major buy-side firms discussed their bring-your-own-device strategies, but most of the talk was around the Apple iPhone and iPad, and not Android or BlackBerry.
Buy-Side Execs: More Responsibility, Fewer Predators in HFT
Industry-initiated measures and disincentives for swooping in ahead of large orders are key as regulators continue to offer only a measured response.
On-Demand Algo Service Launched by RTS
RTD Tango, RTD Tango Trader, and RTD Tango Quant are all available as part of the customizable package.
FSA's Sampson: Data Accuracy Trumps Speed
Gerald Sampson, head of the operational risk review team at the UK's Financial Services Authority (FSA), says banks should be more concerned about accuracy of data than risk aggregation speed.
eBX Fined for Information Leakage
The US Securities and Exchange Commission (SEC) has fined dark pool operator eBX for failing to protect confidential information.
