Sell-Side Technology/Analysis
Market Survives Bats' Failed IPO; Will Bats?
While Bats failed IPO attempt-and subsequent mini-Flash Crash-led to numerous bad headlines, it doesn't have to be a death sentence for the usually tech-savvy exchange operator. Additionally, the event also shows that the industry has made strides since…
Firms Move Away From Siloed Data Management Tack
Firms are increasingly moving away from a siloed, departmental data management strategy to an enterprise-wide one, which, according to GoldenSource, requires a broader data coverage approach.
That Helpless Feeling: DDoS Attacks, Anonymous and Wall Street
Distributed denial of service attacks are nearly impossible to stop. But firms aren't completely helpless in defending against these coordinated assaults, either. By Anthony Malakian
Mobile Application Development, User Monitoring Priorities for Security (Q&A)
Challenges for security continue to evolve as firms adapt cloud and mobility technologies, says Stuart McIrvine at HP.
A Top 10 List for Developers
If you're debuting a new piece of disruptive technology, DirectMarkets CEO Kevin Lupowitz has 10 ways to tell if you'll be successful.
IPC Targets Apps Development, Collaboration for Unigy (Q&A)
One year after Unigy's release, IPC is focusing on increasing the number of apps available for the product, improving its business intelligence, and building out its collaborative features.
New Settlement Rules Mandate T+2 in Europe
Europe publishes enhanced regulation for CSDs.
New Trading Platform for Primary Shares Ushers in a Change at Rodman
Rodman & Renshaw, best known for its investment-banking arm, is transforming itself into a technology company. It will do so on the back of a trading platform that connects investors with companies looking to issue primary securities.
HFT Is the SEC's Fault, Says a Former Exchange Operator
Steve Wunsch has long been a critic of the SEC. Now he's blaming them for the problems caused by high-frequency trading, and for the reactions, like a financial transaction tax, that may follow.
Tri-Party Repo Platform Aims to Get Short-Term Money Moving
Newedge and MTS have collaborated on an MTF that will marry buy-side cash lenders with sell-side collateral providers.
b-next Moves to Real-Time Surveillance with StreamBase CEP
Market surveillance, thanks to recent regulatory measures, is a critical aspect of operations for all financial services firms. Bodies such as the European Securities and Markets Authority (ESMA) are pushing for this to be performed as quickly as…
Why Regulatory Consensus Is Bad
Yale Law professor Roberta Romano says global banking regulations like Basel are misguided precisely because they involve so much collaboration.
Change Comes to Misys, Lawrie to Leave
After the announced merger of Misys and rival Temenos, there are more questions than answers.
Sarkozy's FTT Won't Cross the Atlantic
The French president promised a financial transaction tax for his country in August, reviving talk of its merits. Firms and technology providers can rest easy: The US isn't about to follow in his footsteps.
FlexTrade's Kedia on the DGCX Relationship (Q & A)
FlexTrade's Singapore director Manish Kedia brokered a deal to become an ISV at a Dubai exchange. Jake Thomases asks him about that deal, and what else the platform provider is up to.
Toronto Joins NYSE Technologies Liquidity Center Network
NYSE Technologies continues to expand its Liquidity Center Network with two new centers in Toronto. It is only one stop in a much longer journey.
Buyers Reluctant to Sign Enterprise Deal Without POC
Attitudes on Wall Street have changed whereby proofs-of-concepts (PoCs) are seen as less risky—for both parties. End users take less of a risk and vendors are confident in landing a long-term deal.
OneChicago Seeks SEF Equivalency
OneChicago CEO David Downey has been lobbying hard for his exchange to be considered virtually the equivalent of a swap execution facility.
The Return of the Market-Maker
Since the adoption of Regulation NMS in 2007, market-makers in the US cash equities market have gone the way of the green screen—until now.
A Tale of Two Citadels
The UK declined to sign onto a new European treaty that could redraw capital markets regulation in the EU. By James Rundle