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?
DTCC Sues CFTC Over Swap Data Repository RulesMay 03, 2013The industry-owned utility is asking a federal court to overturn the CFTC's approval of rules allowing CME and ICE to run SDRs.
Swap Data Reporting: War Breaks OutMarch 08, 2013The U.S. regulator's decision to allow CME Group to report swap transactions to its own repository has inflamed tensions with the DTCC, which has called the CME rule 1001 "anti-competitive."
The Danger of Too Much Dark LiquidityJuly 25, 2012Dark pools play a critical role in today's market. But rising dark pool volumes mean wider spreads and higher costs on the lit markets, according to researchers in the U.S. and abroad.
DTCC Launches Enhanced Cost Basis Reporting Service December 20, 2010The service acts as a central communications hub for transmitting cost basis information among broker/dealers, transfer agents, issuers, mutual funds and custodian banks.
DTCC Unveils OTC Derivatives Matching Service; G14 Dealers Go LiveDecember 13, 2010The Depositary Trust & Clearing Corp. announced the launch of a global over-the-counter equity derivatives cash flow and netting platform, a service it said is now being used by the 14 largest international dealers.
Thomson Reuters Hires Robert Hegarty December 08, 2010Hegarty left DTCC to take a new position as TR's global head of market structure and to oversee Elektron, the firm's financial markets ecosystem.
Chi-X Europe Launches IDR TradingSeptember 03, 2010Chi-X Europe announced that it has commenced trading of international depositary receipts, covering 50 stocks from 12 nations, forming the pan-European exchange’s 16th market segment.
DTCC Pushing for Larger Industry RoleAugust 09, 2010DTCC's Rob Hegarty explains Depository Trust Clearing Corp.'s role during the Lehman Brother's crisis and reveals how the utility is evolving to meet the buy side's needs.
TradingScreen Developing Corporate Bond Trading PlatformAugust 05, 2010TradingScreen, a provider of multi-asset class execution management systems to the buy-side, is developing Galaxy, a multi-lateral trading platform for European corporate bonds.
Dark Pool Analytics Provide a Light in the DarknessJune 01, 2010Buy-side firms are beginning to tap more sophisticated transaction cost analysis tools to help them navigate dark pools' murky waters and better target their dark strategies.
TriOptima Posts First Report on Global OTC Derivatives IT TRRApril 29, 2010TriOptima has posted the first public reports for the OTC derivatives interest rate swap market on the Global OTC Derivatives Interest Rate Trade Reporting Repository (IR TRR) Web page.
DTCC Receives Fed Approval for Warehouse Trust February 11, 2010The Warehouse Trust Company will be regulated by the
Federal Reserve System to bring increased transparency and mitigation to the global OTC credit derivatives market.
Odey Asset Management Implements ConvergEx's Eze OMSDecember 04, 2009London-based investment firm Odey Asset Management has selected ConvergEx's Eze Order Management System (OMS) for support and automation of its pre-trade compliance, position checking, order management and electronic trading processes.
