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Shifting Gears: People & Careers
Cusick Named to Regulate PHLX; Arman Falsafi Manages CME Europe and Asia; Jaime Punishill Makes a Career Move; Keeping Tabs
Algo Trading Lures the Buy Side in a Fragmented Market
Buy-side traders find algorithmic trading helps them conceal their trades, boost productivity and measure their performance against benchmarks.
Electronic Trading Newsflashes
Fulcrum Global Partners Inks Nearly $2 million Contract to Use NYFIX Platinum for Trading Listed and OTC Stocks; FPL Global Steering Committee Chooses Two New Co-Chairs; Interactive Data Acquires FutureSource; Cantor Fitzgerald Launches New Voice Brokerage Business
ELECTRONIC TRADING NEWSFLASHES
Bloomberg Chooses Cognotec to Deliver Streaming Rates to FX Market; Eurex US Exchange Soars in Volume During Month of July; NYSE's Proposed Improvements to Automated Trading System Supported by SIA; UBS Currently Live on TradeWeb Network
Terrorist Alert Will Prompt Higher Financial Services IT Spending
Last weekend's elevation of the terrorist-threat level will cause financial firms to boost IT spending on operational resiliency by nearly 10 percent a year.
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