Insider Trading: Can It Be Stopped?
With the SEC under pressure to salvage its battered reputation, the regulator has been acting with new-found zeal to eliminate insider trading.
New Options Symbology Phased In
New options symbology was phased in on Feb. 12, seemingly without any problems. But given the far-reaching nature of the conversion for brokers, exchanges, clearing firms and vendors, some kinks still could arise.
Back Office: Time to Pay the Piper
With increasing complexity and the need for more highly automated operations, the back office will require increased innovation and continued investment.
AIG and Backdoor Bailouts?
WSJ's Dennis Berman tells Kelsey Hubbard about ongoing investigations into the bailout of AIG, including allegations of a coverup over payments made to some of the biggest banks who had exposure to the collapsed insurer.
Executive Bonuses: What Will Regulators Do Next? (video)
In this video clip, Larry Tabb, CEO and founder of TABB Group, focuses on potential regulations regarding executive compensation. He also tells WS&T's Greg MacSweeney that if U.S. regulators levy a tax on bonuses they could cause a brain drain, but that Wall Street must nevertheless show more sensitivity to the markets.
What They're Really Doing in Davos
Some of the world's most high-powered people are meeting in Davos for the World Economic Forum (WEF) not to make decisions, but to get to know each other and face the problems together.
Volcker Speaks Out On Financial Innovation (video)
"I have been on boards of directors. The chances that they're going to understand these products that you're dishing out, or you're going to want to explain them, frankly, is nil. Wake up, gentlemen."
Goral Trading Licenses OneTick Database
Goral Trading Company, an asset management firm, has licensed OneMarketData’s OneTick Database for tick data management and analytics to capture, retrieve, store and analyze its financial tick data.
SEC Debates Sponsored Access Ban (video)
Regulators are examining sponsored access, which allows high-speed traders and others to trade directly on exchanges. Larry Tabb, CEO and founder of TABB Group, talks to Advanced Trading Editor-in-Chief Kerry Massaro about the implications of the SEC's proposed ban of sponsored, or naked, access.
What's Next For Wall Street?
Obama's new banking regulation will not be about bringing back the Glass-Steagall Act, although it will give regulators the authority to limit risky activity by banks. William Rudin, Rudin Mgmt. vice chairman & CEO and Alan Greenberg, JP Morgan vice chairman emeritus, discuss upcoming new regulations in this CNBC video.
Chicago Pit Traders Coming to Hollywood in Floored?
If you're in Chicago, you might be able to catch the last night of a week premier of Floored tonight, a movie about the near extinction of Chicago pit trading. The movie takes a look at the personalities behind trading and how electronic trading changed their world. I haven't seen the movie, but the trailer looks captivating.
A Barron's column, by Steven M. Sears, describes it as:
His camera captures lots of broken men. Some are deformed by the pursuit of money; others struggle to rei