Big Data: The Next New Thing?
Venture capitalists are investing in "Big Data" companies with analytic platforms, but hasn't Wall Street been doing this for 20 years?
Deutsche Bank Exec To Head Elektron Transactions
In his new role at Elektron, the Deutsche Bank veteran will bring together applications, data and infrastructure to support integrated trading systems targeted at specific customer requirements.
Bloomberg Rolls Out Derivatives Platform
Bloomberg has launched ALLQ, the first commingled platform for OTC derivatives trading, which it says is the foundation for building a swap execution facility under Dodd-Frank.