Raymond James Chooses Rapid Addition
The broker is using Rapid Addition's FIX technology to extend Microsoft's BizTalk middleware for TRACE reporting of mortgage-backed and asset-backed securities to FINRA.
DTCC Confirms Normal Operations
Despite the impact of Hurricane Irene on the east coast, DTCC said deadlines for clearing fund, settlement and other processes will be as usual, except for certificate-based services.
Crisis, Lag, Rebound -- Our Economic Cycle
The recovery that followed the financial crisis and subsequent recession that began in 2008 barely had taken hold before the European debt crisis and the political train wreck over the U.S. debt ceiling derailed any hope for a widespread recovery.
Fincad Forms Counsel of Advisors
The counsel will provide the derivatives software company with guidance on corporate strategy, product direction and market positioning.
Savvy Investors Snatch Up Equities Following Massive Selloff
The old adage buy low, sell high played out Tuesday morning with a vengeance, as investors snapped up battered bank shares at a discount. Meanwhile the Dow Jones Industrial Average roared back - at least temporarily - ahead of an announcement from Federal Reserve Chairman Ben Bernanke.
Q&A With BTIG's Chief Risk Strategist Dan Greenhaus
Although Standard & Poor's downgrade of the United States' top tier credit rating sparked a swift and massive selloff in the global equity markets, it won't affect how institutional investors and hedge funds build their portfolios, according to Dan Greenhaus, the chief global strategist at international broker dealer BTIG.