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Trading Tech

Panel: 'Direct Market Access Is Dead'

LONDON—Direct market access (DMA) execution will be going the way of the dodo bird in the face of Regulation NMS in the U.S. and the E.U.'s Markets in Financial Instruments Directive (Mifid), which will further facture market liquidity, say industry…

Generating Reporting Magic

Founded in May 2004, prime broker Merlin Securities has carved out a clientele with its report offerings. DWT editor Rob Daly sat down with Merlin Securities CTO Amr Mohamed to discuss how the 45-person firm's technology offering makes the difference in…

Plus Markets to Upgrade Trading Technology

LONDON—Plus Markets Group is to embark on a £6.7 million ($13.3 million) upgrade to its trading technology involving Swedish exchange operator and technology provider OMX, Plus Markets officials say.

Pinpointing Securities

The problem of accurately identifying securities is leading to a large number of failed transactions, estimated to cost the market millions of dollars annually. While the retail industry introduced a global standard years ago, the financial services…

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