Tag: Operations & Technology

Tier one investment banks are electing to instate global mobile phone recording solutions to comply with post-crisis regulatory reform in the US and Europe.

Almost half of market participants believe exchange glitches are simply a part of modern electronic trading that markets should learn to live with, according theTRADEnews.com’s September poll.

Volta Data Centre – the first facility to launch in London in a decade – has opened today, offering high-speed domestic and international connectivity.

After their first collective meeting with US Securities and Exchange Commission Chair Mary Jo White on September 15, leaders from the equities and options exchanges, their respective clearing organisations and the Financial Industry Regulatory Authority are examining how to avoid and improve their handling of trading halts and resumptions.

As the technology underpinning the trading of financial instruments evolves, growing challenges for exchanges to safely implement change has created a market structure weakness.

Reputational issues are more likely to provoke exchanges to reform their technology than regulation, according to Larry Tabb, CEO of research consultancy TABB Group.

More than four of five North American asset managers rely on complex workarounds to support derivatives trading through aging middle- and back-office systems, a poll has found.

Complying with Reg SCI could cost a broker-dealer at least US$3 million per year with little benefit to market safety, experts have said.

Reducing settlement times and streamlining post-trade processes were key issues in new FIX Protocol Limited global post-trade processing guidelines released today, according to a senior member of FPL's post-trade team.

Last week’s fake tweet set US markets into an instant free fall and showed thatmarkets still react to misinformation as quickly as verified fact.