GoodFellas II: The Feds Are Watching Traders At Home
The FBI told a hedge fund trader they "had recorded his conversations for a very long time, that they knew 'everything' about him and his family and friends," sparking a debate about the rights and wrongs of wiretapping.
CZ Capital Switches to Paladyne
European hedge fund implements Paladyne's FastStart as fully-hosted front-to-back-office solution, replacing Linedata Beauchamp.
Balancing Latency vs. Cost
The days of Wall Street firms and clients building data centers in the "race to zero latency" are nearly ending, contends David Kelly, Thomson Reuters Enterprise CTO.
Executive Changes at Nasdaq OMX
Bryan Hyndman is leaving his post as SVP Transaction Services U.S. to assume run sales for Global Data Products, while David LaValle was hired to run Nasdaq OMX's ETF business.
Firms Adopt New Tools to Aggregate Reports
To meet client demand for transparency and minimize risk, asset and wealth managers are dumping unweildy spreadsheets for technology that streamlines and automates report aggregation, including cloud-based, best-of-breed and in-house solutions.
Attack of the Botnets
The emergence of botnets and other off-the-shelf cyber-crime tools has transformed hacking into a point-and-click process.
First New York Securities
First New York Securities operates a proprietary trading business from its midtown Manhattan trading floor, which houses teams that execute across multiple asset classes, including U.S. Equities, international equities, commodities, foreign exchange, Treasuries, futures and options, and macro rates.