MARKET DATA BRIEFS
TD Waterhouse Canada launches free online Markets and Research site for clients to access proprietary research from TD Securities and TD Newscrest.
In a move to provide secure, guaranteed connectivity for financial services organizations, Capco and Slam Dunk Networks, Inc., are announcing a strategic partnership.
ELECTRONIC TRADING BRIEFS
Bear Stearns to donate at least $10 million to charities benefiting the victims and families of the WTC tragedy; Interactive Brokers Group LLC to donate $1 million to the September 11 Fund, a disaster relief fund established by the United Way of America and the New York Community Trust.
RISK MANAGEMENT BRIEFS
Kamakura completes 130-page research report entitled, "An Introduction to Kamakura Credit Risk Modeling;" Krishna Biltoo appointed new head of product development at London-based CreditTrade.
MARKET DATA BRIEFS
Reuters issues update on U.S. operations following last week's events at the World Trade Center; Xpresstrade launches a new tool for self-directed retail futures traders; Imperial Technology releases MegaTrade Program to provide existing MegaRam customer with a cost-saving upgrade path to more current models.
SEI Investments re-contracts with Oak Associates, Ltd. to provide full-service accounting, administration, and distribution to Oak Associates' family of five no-load mutual funds; CheckFree Investment Services says Allegiance Capital, Inc., going live with CheckFree APL WRAP.
TWIST announces it has published the second version of an open standard interface at www.twiststandards.org; SunGard eProcess Intelligence announces release of version 7.0 of intelliMATCH automated matching and reconciliation solution; JPMorgan says Prudential Staff Pension Scheme appoints JPMorgan Investor Services Europe, Middle East and Africa (EMEA) as its global custodian.
The SIAC, NYSE and AMEX are making changes and promotions to strengthen development and operational capabilities.
Decimalization: ECNs Grab Additional Market Share and Depth of Liquidity
ECNs have proven that innovation can overcome even the most challenging regulatory hurdles to give investors the transparent market of stocks all investors petition for, says MidnightTrader's Brooks McFeely. Decimalization is just one regulatory step closer to a level playing field for both the retail investor and the ECNs.
Software is helping IT administrators manage tech resources.