A New Era of Change at the NYSE
Larry Leibowitz, executive vice president, head of U.S. markets and global technology at NYSE Euronext Group, was a refreshing keynote at this year's TowerGroup Financial Services Business & Technology Conference in Boston.
Goldman Sachs Enhances REDIPlus EMS
Version 8.0 of GSET's REDIPlus proprietary execution management system includes a revamped front end, additional foreign languages, and expanded algorithmic offerings.
Derivatives Exchanges On a Tear
As equities exchanges face growing fragmentation and competition from alternative trading venues, the derivatives exchanges are seeing trading volumes jump as electronic trading permeates into these markets.
For the first quarter of 2008, many of the derivatives exchanges reported significant profit growth and volume increases as volatility hit the markets and risk management continues to be at the forefront.
The Intercontinental Exchange (ICE) reported net profit of $92.3 million with its f