Get Ready for FinReg's Systems Bonanza
The new Frank-Dodd Financial Reform law will result in a potential universe of 24 new regulatory systems, including platforms for reporting, compliance and risk.
Is HFT Ready to Take Over the World?
As high-frequency traders eye opportunities across the world, emerging markets are joining the low-latency race, increasing exchange throughput capacity, lowering latency and creating a more friendly regulatory environment.
UNX Upgrades Catalyst EMS
Adds support for international equity trading in Europe, Canada and Latin America as well as trade analytics from Goldman Sachs and QSG.
Exchanges Embrace Open Source
As open source software matures, exchanges increasingly are embracing the transparency and efficiency that the solutions offer.
The Infrastructure Economics Breakthrough
The financial executives who can figure out how to shift technology spending from infrastructure and hardware to application development will drive their firms to the winner's circle in the competitive financial services industry.
While Wall Street has been slow to embrace smartphone applications, a number of firms are introducing new mobile apps. Wall Street & Technology takes a look at some of the latest offerings.
OTR Global Enters Distribution Agreement With Assay Research
Shared clients will be able to leverage OTR's channel checks and custom research to investigate opportunities signaled by forensic analysis and to apply Assay's expertise in forensics to evaluate inflection points uncovered in OTR's marketplace findings.
Pipeline Partners with IRC Securities
Buy-side clients of IRC Securities will be able to generate research credits for independent research by trading through Pipeline's Algorithmic Switching Engine.
Wolters Kluwer Acquires Risk Management Firm FRSGlobal
FRSGlobal's solutions enable international financial institutions to centralize multi-country risk and regulatory reporting, and address major financial regulatory, compliance and risk management requirements globally.
The Rising Risk Of A Double Dip
While Fed chairman Ben Bernanke states that the economic recovery has softened more than expected, economist Nouriel Roubini, chairman and co-founder of Roubini Global Economics, explains in this CNBC video clip why he believes the risk of a double dip in the recession is now over 40%.
Wall Street Job Cut Threat Looms
WSJ’s Liz Rappaport discusses new fears that Wall Street may reverse its recent hiring spree and begin to cut jobs, signaling that the recovery may not be as strong as thought.
Infinium's Oil Trading Fiasco Bound to Fuel Backlash Against HFT
The news that Infinium Capital Management may face charges from U.S. regulators over a February incident in which one of its computers malfunctioned and caused a spike in oil prices, is likely to turn a brooding public even further against high frequency trading.
Crescent Financial Buys $3.2 Million Stake in IT Trading
Crescent Financial Partners Inc. announced it purchased a $3.2 million stake in IT Trading, LLC’s proprietary trading software, which deploys a statistical arbitrage trading model that has been under development for nearly a decade.