Community Chatter: Most Commented Articles of 2013
When community members start commenting on an article, the comments usually come in bunches. This year articles about cybersecurity, high-frequency trading, Elizabeth Warren and big data generated a lot of interest and comments. Here are the articles you were talking about in 2013.
Your Top 10 Articles of 2013
IT salary trends, career advice, trading glitches and articles about Senator Elizabeth Warren's efforts to confront banks are the articles you read the most this year. Here are the top 10 most read articles in Wall Street & Technology's community for 2013.
Tweaking Reg SCI, 5 Points of Contention
The SEC’s proposed Regulation SCI is intended to protect market technology from outages and technical glitches. But industry commentators contend the rule doesn’t include all market participants and underestimates the implementation costs. Here are five areas that market participants would like to change.
Bloomberg Tradebook Like You've Never Seen It Before
Bloomberg Tradebook held its second annual Charity Day on its trading floor in New York. Sean "Diddy" Combs, CC Sabathia, Mark Messier and other celebrities attended the charity fundraiser/costume party to help raise over $1 million in commissions for six different charities.
6 FinTech Winners Revealed
Large banks threw their support behind six budding financial technology companies, helping them integrate their tools and maximize value.
SAC Capital: When The Feds Came Knocking
Early on Friday March 29, federal agents arrested the portfolio manager of SAC, the largest hedge fund in the country. Will SAC Capital founder Steve Cohen, who just enjoyed a week of retail therapy which saw him snap up mansions and Picassos, be next to see the Feds come knocking? Here’s a timeline of events that have put SAC Capital at the center of an insider trading scandal.
6 Most Memorable SEC Chiefs
As critics debate whether President Obama's nominee for the SEC, Mary Jo White, is the right choice, we take a look at some of the past’s most memorable heads of the agency.
Wall Street's Funniest Responses to the Fiscal Cliff Debacle
Thank goodness the Fiscal Cliff is behind us. Congress only had to bypass the "deadline" and go into overtime to get a deal done, keeping investors and the markets on edge the entire time. Here are some of the amusing quotes and Tweets that came across the wire as the Fiscal Cliff "negotiations" finally produced an agreement.
Wall Street & Technology’s Top 5 Stories of 2012
Financial firms may have been laying off employees by the thousands, but it’s certainly not all gloom and doom for technologists. Specialized IT skills are still in high demand on Wall Street, and earlier this year, we gave you the low-down on how to get an elite IT education. If you’re a Wall Street manager, we also gave you some tips on how to manage Millennials to make sure you connect with them, retain them and make the most of their talent – while also ensuring you take a
A Look Ahead to the Capital Markets in 2013
The Eurozone crisis is far from over, the fiscal cliff is top of the headlines and industry revenues continue to decline. Adding to their collective headache, financial organizations are dealing with flat IT budgets while striving to innovate in today’s ultra-competitive market. But there are a host of bright spots in the financial technology world. Here is a look at Wall Street & Technology’s take on the key issues that will shape the industry in 2013.
Wall Street & Technology’s Top 5 Galleries of 2012
It’s been quite a year for the financial services industry, which was hit by multi-million dollar hack attacks as well as spectacularly disastrous technology failures. We took a look at the most costly industry mishaps in our top galleries of 2012, while also shining the spotlight on some of the biggest mistakes CIOs make. But there is light at the end of the tunnel for chief technology officers: our recent salary survey showed that IT skills remain in short supply on Wall Street. So for t
The Top 10 Quant Schools Of 2012
Where will the next generation of quantitative engineers come from? According to Wall Street pros, these are the elite quant programs.
Happy Holidays: Get Your Drink On -- Wall Street Style!
Now that company holiday parties are coming back in style, here's one of the more creative drink menus. Each year Cognito, the PR and marketing agency that specializes in financial services and technology, holds a holiday party with a specialized set of financial services drinks. This year's menu reminds us of some of the year's most notable events, including Knight Capital's trading glitch, Rajat Gupta's insider trading trial and the Libor rate-fixing scandal. Bottoms Up!
7 Wall Street Institutions Slammed By Hurricane Sandy
As Hurricane Sandy battered the North East leaving a trail of death and destruction in New York and New Jersey, Wall Street banks suffered varying degrees of damage. We take a look at seven financial institutions that were slammed by Sandy.
HFT Players Struggle to Survive
High-frequency trading shops are having a difficult time in the current marketplace, as trading volumes remain extremely low. This week, Eladian closed its doors due to the weak market. Who will be next?
It's Time to Get Serious About Software Testing, Says SEC Roundtable
Commentators observing the SEC markets technology roundtable held in Washington DC this week say the roundtable participants didn't get specific enough when it came to software testing and that the industry should look at how other industries, including aerospace, test and validate products before putting them to market.
Sallie Weeps Blood, Greg Smith Cashes In, Breaking Up the Banks and More
Sallie Krawcheck gave what is likely the most graphic description of big bank complexity, while Goldman Sachs prepares for ex-employee Greg Smith's supposedly tell-all book. Here what people are saying about these newsmakers, breaking up the big banks and the euro's continued troubles in this week's top quotes.
Nomura, Insider Trading and Buying Politicians: Advanced Trading's Week in Review
Summer is over and it's time to get serious, especially on Wall Street and in Washington, D.C. This week we hear from luminaries in the financial services arena who touch on fraud, regulation and how to keep a large global investment firm from imploding. We also hear about whether an organization that represents banks in America will get involved in buying -- or rather, influencing -- politicians. As the saying goes, money goes to money.
Knight Capital's Bad Week In Tweets
Last week one of the most respected and tech-savvy investment firms unleashed a new trading algorithm that went, in a word, haywire. The news was as bad as it was unbelievable: At one point the market maker owned $7 billion in unwanted stock. Traders inside Knight Capital had to scramble to undo the damage as managers sought emergency financing to cover the resulting losses of $440 million after 45-minutes of out-of-control trading. Advanced Trading has gathered the most pointed and revealing po