FIX for Post-Trade Gains Traction: How Far Will It Go?
A group of heavyweight asset managers has collaborated on a solution for non-US trade confirmations and affirmations that is fueling interest in FIX for post-trade use as an alternative to Omgeo's Central Trade Manager.
Finra to Focus on Fixed Income ATSs & Algo Providers
Finra CEO Richard Ketchum outlines plans for requiring brokers that use fixed-income "RFQ systems" to provide more pre-trade price transparency to customers. In equities, Finra wants to register firms involved in designing algorithms.
SEC Chairman Discusses Rule Changes on HFT
SEC Chair Mary Jo White discussed HFT and the agency's plans for equity market structure in 2015 in a video interview with Bloomberg Market Makers at the SIFMA annual meeting.
Cyber Risk Is a Top Concern, 84% Tell DTCC
DTCC released its recent "Systemic Risk Barometer" survey showing that cyber risk is among the global financial industry's top five concerns, along with the impact of new regulations.
The UPI, the LEI & Beyond
The organizational mechanisms are in place. Now it's time for the financial industry professionals to provide guidance on a global coding scheme that is fit for all the purposes intended.
Manage Data to Meet Compliance Demands
With no end to the data and information glut in sight, firms are seeking better ways to aggregate, analyze, and manage data to satisfy compliance and competitive demands.
The Return of Fat Fingers
Recent events demonstrate not enough progress has been made in the monitoring and surveillance of trading -- human or machine.
Raymond James CIO Focuses on Ease of Use
Raymond Jamesís financial advisers are becoming more productive, partially through the use of new technology and data analytics provided by the firmís IT group, led by Vincent Campagnoli.
Fidelity Labs Takes Innovation to the Next Level
Fidelity Labs is running a pilot on LinkedIn that lets financial advisers interact with their book of customers. That's just one example of how the tech incubator is seeding ideas and developing future products for its parent company.