Get Ready for FinReg's Systems Bonanza
The new Frank-Dodd Financial Reform law will result in a potential universe of 24 new regulatory systems, including platforms for reporting, compliance and risk.
Is HFT Ready to Take Over the World?
As high-frequency traders eye opportunities across the world, emerging markets are joining the low-latency race, increasing exchange throughput capacity, lowering latency and creating a more friendly regulatory environment.
SocGen Joins SmartPool
SmartPool welcomed SocGen as the latest member to join the European dark pool, and set record in September for dark trading of French CAC40 stocks.
UNX Upgrades Catalyst EMS
Adds support for international equity trading in Europe, Canada and Latin America as well as trade analytics from Goldman Sachs and QSG.
Exchanges Embrace Open Source
As open source software matures, exchanges increasingly are embracing the transparency and efficiency that the solutions offer.
The Infrastructure Economics Breakthrough
The financial executives who can figure out how to shift technology spending from infrastructure and hardware to application development will drive their firms to the winner's circle in the competitive financial services industry.
While Wall Street has been slow to embrace smartphone applications, a number of firms are introducing new mobile apps. Wall Street & Technology takes a look at some of the latest offerings.
OTR Global Enters Distribution Agreement With Assay Research
Shared clients will be able to leverage OTR's channel checks and custom research to investigate opportunities signaled by forensic analysis and to apply Assay's expertise in forensics to evaluate inflection points uncovered in OTR's marketplace findings.
Pipeline Partners with IRC Securities
Buy-side clients of IRC Securities will be able to generate research credits for independent research by trading through Pipeline's Algorithmic Switching Engine.
Wolters Kluwer Acquires Risk Management Firm FRSGlobal
FRSGlobal's solutions enable international financial institutions to centralize multi-country risk and regulatory reporting, and address major financial regulatory, compliance and risk management requirements globally.
Regulatory Systems: Will Their Steep Cost Outweigh Any Benefits?
Wall Street is evolving, seeking to reinvent itself following the financial crisis. Apparently, the metamorphosis will include building information systems that provide transparency into hidden balance sheets and create audit trails of high-frequency trading activity - at a cost of billions of dollars.
Is the LTRS a Big Brother?
Market participants question the costs, required resources and privacy concerns of building a real-time Large Trader Reporting System.
Q&A with Georgetown Finance Professor James Angel
Georgetown finance professor James Angel explains how the financial world has evolved over the past two years, touching on everything from the explosion of displayed liquidity to why thirst for risky speculative practices remains unquenched.
The New Wall Street
Heightened attention to risk, the growing role of central counterparties for OTC derivatives and a new breed of independent proprietary trading firms are just a few of the things changing life on the Street.