As traders look for the fastest way to trade, one connectivity provider may have an answer: Sending data and trade orders via microwaves. So, what happens when it rains?
As brokers debate the economics of execution management systems, Barclays and Citi have quit the EMS game. Meanwhile, Goldman Sachs goes broker-neutral and Morgan Stanley decideds to fly solo.
Money manager B. Robert Williamson Jr., the nephew of Wall Street investment guru Julian Robertson, was found dead on Sunday in North Carolina, in water surrounding an island.
The execution management system provider said its latest TCA offering is designed to be used for multiple asset classes, including FX, to help traders control costs in a fragmented environment.
Bloomberg Taps Former IBM CEO As Privacy and Data AdvisorMay 17, 2013Bloomberg announced that it hired Samuel Palmisano to serve as an independent adviser. Hogan Lovells, of Promontory Financial Group, and Clark Hoyt, of Bloomberg News, were also hired.
Bloomberg Snooping Scandal Prompts Reaction from GoldmanMay 15, 2013Wall Street firms like Goldman Sachs could look to reduce their reliance on the dominant data and analytics terminal in response to the firms' reporters being allowed to spy on customer data.
Is Your Bloomberg Terminal Spying On You?May 14, 2013After Goldman Sachs discovered that Bloomberg journos were keeping track of their viewing habits over their Bloomberg terminals, traders have some decisions to make about the company that provides their market data, trading tools, IM and more.
Corporate Bond Market Needs Price Discovery Overhaul —ReportApril 16, 2013As buy side firms scramble for liquidity in corporate bonds, a new report Tabb Group lays out the need for a new price discovery mechanism with new tools and pricing sources to replace traditional phone-based quoting.
Bloomberg Unveils New Version of iPad AppApril 15, 2013A revised edition of Bloomberg Anywhere for iPad debuted today which includes access to Instant Bloomberg, advanced mobile charting and industry-specific dashboards.
Bloomberg PolarLake Adds Fitch Credit Ratings DataApril 02, 2013Adding Fitch Data to Bloomberg PolarkLake's Enterprise Data Management Solution will give financial institutions an independent view of long-term credit risk to support risk management and regulatory reporting.
JPM Senate Hearing: What's the Point of Beating a Dead Whale?March 14, 2013Friday's hearing about JP Morgan's London Whale trade led by Senator Carl Levin is really about putting pressure on regulators to finish the Volcker Rule, Propublica's Jesse Eisenger tells Bloomberg TV.
Bloomberg Delivers Ultimatum to CFTC on Swaps TradingMarch 13, 2013An attorney representing Bloomberg LP threatened to file a lawsuit against the U.S. regulator for unfair margin requirements on swaps trading rules, which give a competitive edge to exchange platforms over SEFs.
The New Old SchoolFebruary 19, 2013Given the complexity of today's market structure, regulatory matrix and trading technology, traders need to quickly assimilate a wide range of "Breaking News" topics and industry trends to keep pace with their core responsibilities: sourcing liquidity whil
As World Frets About Europe, GSAM’s Patel Says Its Stocks Are UndervaluedJuly 17, 2012The conventional wisdom at least seems to be that investors should stay far from the European marketplace, but Sheila Patel of Goldman Sachs Asset Management tells Bloomberg their equities appear undervalued.
Bloomberg Updates Service With Interactive Research PlatformJune 26, 2012The firm said the analysis given by Bloomberg Industries is the latest major update to the Bloomberg Professional Service, which has more than 310,000 subscribers worldwide.
Facebook's IPO Fail: What Went Wrong on the NasdaqMay 21, 2012As Nasdaq deals with the fallout of Facebook's IPO flop, Bloomberg's Matt Miller tried to get some answers from Cuttone & Company's Keith Bliss
CME Floor Traders Took a Page from Occupy Wall StreetApril 18, 2012The battle between floor brokers and the CME heated up again when ex-chairman Leo Melamed defended the exchange's policies, suggesting that blocks will continue to be matched in the dark.
Bloomberg Visits Tarnished Goldman SachsMarch 16, 2012You know it's been a bad week when the mayor of New York City and the man whose name appears on their market data terminals has to stop by the office to cheer everyone up.
