Key Banks, Clearing and Trading Firms to Support NLX
The likes of BNP Paribas, Newedge, DRW Trading and Getco Europe said they plan to contribute liquidity and open interest to Nasdaq OMX's NLX platform to create a competitive market for short and long-term interest rate derivatives.
Newedge Joins LCH.Clearnet's SwapClear
The multi-asset brokerage and clearing firms said Newedge US and Newedge UK will utilize SwapClear, the major clearing service for interest-rate swaps.
It's More About "Wide Data" Than Big Data
Financial services organizations know that they can handle vast amounts of data, since they have been doing it for decades. To succeed with big data initiatives, firms need to think of data's breadth and reach across an organization.
Is Your Bloomberg Terminal Spying On You?
After 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.
EBS Direct is Live with 4 Liquidity Providers
Commerzbank, Goldman Sachs, J.P. Morgan and Morgan Stanley have completed trades on EBS DIrect, a new relationship-based disclosed liquidity service with streaming prices tailored to consumers.
Financial Services Trust Index Debuts
New quarterly TRust Index leverages proprietary data, analytics, news and social media sentiment to help determine confidence in the world's financial institutions.
Susquehanna Renews with SunGard for Compliance
Institutional broker dealer Susquehanna Financial Group extended its relationship with SunGard's Protegent as the firm’s platform for trading compliance of its institutional equities trading business.
Text Analytics: Knowing Customer Sentiment Has Bottom Line Benefits
Financial institutions need to do more with data collected during interactions with customers. Text analytics could be part of a complete data analytics solution that providers brokers, advisors and customer service representatives with a better picture of the customer.