SAP Admits Infringement In Oracle Case
An attorney for SAP on Thursday wrote to U.S. District Court Judge Phyllis J. Hamilton pointing to media coverage of recent developments in the case as the reason for the shift in its strategy.
Algorithmic Trading in the FX Market
Adoption of FX algorithms is on the rise, and from black-box origins they are moving to a customizable, white-box model, according to Celent's analyst.
Q&A With ITG Managing Director Jamie Selway
In an interview with Advanced Trading, Selway explains how the Flash Crash boosted regulators’ knowledge of how high frequency trading functions and why they don't need to step in to curb market fragmentation.
BT To Expand Ultra-Low Latency Capabilities
BT Radianz Ultra will provide market participants in Paris and London with sub-millisecond access to market data and execution services, exchanges and Multilateral Trading Facilities.
ITG Unveils Algorithm for Brazilian Equities
Investment Technology Group Inc. announced its Active algorithm can now be used to trade Brazilian equities as the firm looks to capitalize on growing demand from global clients invested in the Latin American nation’s markets.
Quantitative Brokers Unveils Interest Rate Futures Algos
Quantitative Brokers announced the official launch of a suite of algorithmic strategies to trade U.S. interest rate futures, a platform that's been used by a number of hedge funds, bank trading desks and commodity trading advisors since July.
Maples Fund Services Launches New Brand
Maples Fund Services is located around the world across six jurisdictions, with technology infrastructure and data processing centers that provide for a 24-7 servicing capability. The firm has invested in front-to-back office solutions through partnerships with Advent Geneva, Paladyne Systems and Linedata to build out a technology and operational infrastructure.
SIX Telekurs Beefs Up Evaluated Pricing Unit
SIX Telekurs announced the expansion of its evaluated pricing segment, which calculates prices for a range of fixed income instruments and derivatives to comply with more stringent global demands for transparency.
SEC-CFTC Flash Crash Report Leaves Experts Unsatisfied
Many of us have read the long awaited joint SEC-CFTC report on the May 6th Flash Crash. By now everyone knows, that the regulators largely blame the sudden “Flash Crash” on a huge sale of E-mini futures contracts by a single fundamental investor, not named in the report, but which sources have identified as Waddell & Reed Financial, a conservative mutual fund company.
The LME, Europe's Last Open Outcry Trading Floor
Dow Jones Newswires' Andrea Hotter takes a look at the last bastion of open outcry trading in Europe and one of the few remaining in the world, the London Metal Exchange. Tracing its history from inception to current day, she examines the various ways to trade metals.
TGIF: The Faces of Debt
In this Daily Show video, Jon Stewart takes a close look at what Vice-President Joe Biden has termed "The Summer of Recovery."