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.
Dimon: JPMorgan Was Honest With ShareholdersJune 19, 2012JPMorgan Chase & Co
Chief Executive Jamie Dimon said his bank was upfront with
investors about its multibillion-dollar trading loss, even as
regulators investigate whether JPMorgan disguised a dramatic
rise in risk-taking.
A Sneak Peek at Jamie Dimon's TestimonyJune 13, 2012The CEO of JPMorgan Chase has released his opening statement to Congress and while he comes clean he doesn’t say it was all THAT bad.
How the SEC Could Pursue a Case Against JPMorganJune 12, 2012JPMorgan Chase's failure to timely disclose a major change in how it measured risk could become the centerpiece for an enforcement action by U.S. securities regulators as they probe the bank in connection with its multibillion dollar trading loss.
Dimon's $2 Billion Bet Proves the Volcker RuleMay 11, 2012As Wall Street firms were making a case against Dodd-Frank and The Volcker Rule, JPMorgan loses big on a prop trading bet that blew up in their face.
The Attraction of OTC ClearingMarch 20, 2012Despite all the noise and hoopla, market participants seem to be huddled together at the top of the diving board waiting for someone else to take the plunge first.
Principal Trading Groups to Make Markets for Interest Rate, Credit Default SwapsJuly 19, 2011Principal trading groups, firms that flourish in highly liquid and electronic markets, will become the new market makers for interest rate and credit default swaps once the new regulatory landscape is in place, a Tabb Group report contends.
ICE Trust Gears Up for Dodd-Frank OversightJuly 15, 2011ICE Trust, the IntercontinentalExchange's North American credit default swap clearinghouse, announced that it will complete its transition to a regulated derivatives clearing organization on July 16.
ICE Unveils Same-Day Clearing for CDS TradesJune 15, 2011IntercontinentalExchange Inc., which operates clearing houses and over-the-counter markets, announced the launch of Affirmed=Cleared, a platform that enables credit default swap trades to be cleared within minutes after execution.
JPMorgan Executes CDS Trades Through MarketAxess’ PlatformMarch 11, 2011JPMorgan Chase & Co. executed credit default swaps trades through MarketAxess' trading platform in a preview of how swaps deals are expected to be conducted on swap execution facilities, the companies said.
Fitch Solutions and Pricing Partners Team up on CDS Data October 29, 2009Fitch Solutions has teamed up with Pricing Partners to allow users of Pricing Partners' Price-it Solution with Fitch Solutions market data license to access Fitch Solutions' market data on OTC credit derivatives.
Fincad Enhances Analytics Suite October 20, 2009In response to credit market disruptions, high volatility and regulatory compliance requirements, Fincad has made substantial enhancements to its analytics library.
SS&C Adheres to ISDA CDS Standards with New ReleaseApril 15, 2009SS&C Technologies has released Debt & Derivatives 2009.1.0, an important update to SS&C's derivatives accounting management and reporting solution.