Obama's Controversial Stimulus Did Help Growth
Marking the first anniversary of President Obama's controversial stimulus, WSJ's Gerald Seib discusses how the package, along with interest-rate moves and a shoring-up of bank balance sheets has allowed the U.S. to outstrip European economic growth.
Introducing Broker-Dealers Compete With Big Boys
Introducing brokers' technology budgets are small, but many of these firms can, and do, compete with the largest firms' platforms simply by being smart shoppers, says a new Aite Group report.
Five Major Brokers Added to UNX Trading Network
UNX has added five major brokerage firms to its trading connectivity network: Girard Securities, Goldman Sachs Electronic Trading (GSET), Mizuho Securities USA, Rosenblatt Securities and UBS Investment Bank.
TradingScreen Connects to Societe Generale For FX Trading
According to the agreement, Societe Generale Corporate & Investment Banking will offer the TradingScreen Buy Side client base a full foreign exchange execution suite covering Spot, Forward and Swap deal types supported through RFQs and RFSs.
New Book Blames Quants for Credit Crisis
Should the average American with a 401-K worry about the rise of quants on Wall Street? That is the focus of a new book, "The Quants," by Scott Patterson, staff reporter at the Wall Street Journal.
ConvergEx Launches Tactical Trading Algo
ConvergEx Group has launched its Abraxas tactical trading algorithm, which utilizes a proprietary multi-dimensional sensitivity profile to exploit dark liquidity, favorable price movements and volatility changes.
Thomson Reuters Acquires Aegisoft
Thomson Reuters has acquired Aegisoft, a provider of electronic trading and testing tools, in an effort to increase its direct market access (DMA) capabilities.
TGIF: What Is That Banker Looking At?
An oblivious investment banker is looking at pictures of model Miranda Kerr without realizing he's been caught on the local news...Check out this Break.com video around 1'05"...