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News & Commentary
Content tagged with Infrastructure posted in November 2012
New Global Tech Hubs Emerge In Surprising Locations
News  |  11/30/2012  | 
A number of cities around the world that were formally quiet on the tech front are now making a stand.
Disaster Recovery Planning After Hurricane Sandy
Commentary  |  11/30/2012  | 
Investment managers without appropriate disaster plans were left facing some difficult decisions in Sandy’s wake.
Investors Swarm into Stock ETFs Amid "Fiscal Cliff" Hopes—Lipper
News  |  11/30/2012  | 
Investors in U.S.-based funds have pumped the most new money into stock exchange-traded funds since mid-September, while adding to bond funds amid growing optimism U.S. lawmakers will avoid the looming "fiscal cliff" of tax hikes and spending cuts. Data from Thomson Reuters' Lipper service showed on Thursday that Stock ETFs raked in $7.66 billion in new investor cash in the week ended Nov. 28, the most money since the week the U.S. Federal Reserve announced its extended stimulus plan.
How A Desperate HP Suspended Disbelief for Autonomy Deal
News  |  11/30/2012  | 
For Leo Apotheker, the former Hewlett-Packard CEO, a July 2011 meeting with Autonomy founder Mike Lynch at a chic seaside resort in France was pivotal to his effort to remake a storied technology giant.

Getco, Virtu Pursuit of Knight Signals Consolidation Trend
News  |  11/29/2012  | 
Suitors of Knight Capital Group are eyeing the wholesale market maker's retail order flow, but they'll also look to save money by eliminating overlapping infrastructure like duplicate colo facilities.
Goldman Sachs Boosts Rating on RIM, Shares Surge
News  |  11/29/2012  | 
Research In Motion received a big boost on Thursday after Goldman Sachs raised its rating on the company, sending shares of the BlackBerry maker soaring more than 12 percent in trading before the morning bell.

Short Sellers Target Hard Hit Europe Tech Stocks
News  |  11/29/2012  | 
Hedge funds are increasingly betting against European tech shares, targeting companies hit hard by a sluggish global economic outlook and those struggling with stiff competition in the mobile business.

Basel Committee Won't Delay Jan. 1 Rules Implementation — Head
News  |  11/27/2012  | 
The introduction of stricter capital rules for banks will go ahead as planned on Jan. 1, the head of the Basel Committee at the Bank of International Settlements told Reuters on Tuesday.

Fidessa Teams With Thomson Reuters on Buy-Side Liquidity Sourcing
News  |  11/26/2012  | 
The firm says the Autex platform opens up access to sources of block liquidity, helping the buy side navigate a highly fragmented marketplace.
Protecting Your Trading Desk From the Next Tech-Driven Crash
News  |  11/16/2012  | 
After several technology incidents and mini-flash crashes pointing out the risks inherent in computerized trading, institutional traders and sell side desks are examining how they can protect their orders from getting caught up in the next debacle.
Credit Suisse Providing FX Options Quotes To New Bloomberg Platform
News  |  11/15/2012  | 
The announcement comes as Bloomberg rolls out new FX options trading technology.
Top Hedge Funds pick up Facebook Amid 3rd-Quarter Crash
News  |  11/15/2012  | 
Facebook's disastrous second-quarter earnings report, which sent the shares of the social network down 32 percent in a week, has attracted some of the top hedge fund stock pickers.

Technology Fragility Threatens Markets
Commentary  |  11/15/2012  | 
Despite disaster recovery and business continuity plans that were implemented after Sept. 11 and then enhanced following the Northeast blackout in 2003, Hurricane Sandy has upped the DR/BC bar once again.
Lightspeed Muscles In On Options Market With New Platform
News  |  11/14/2012  | 
As so many traders struggle to make money in the current equities landscape, Lightspeed makes a play for the options market with its latest trading platform.
Facebook Stock Soars As Share Lockup Ends
News  |  11/14/2012  | 
Shares of Facebook Inc jumped as much as 11.2 percent on Wednesday, even as the biggest block of shares held by insiders became eligible for sale for the first time since the social media company's disappointing debut in May.

Debate Over Market Data Fees to Resurface in Court Case
News  |  11/13/2012  | 
Lawyers representing a group of brokers, bankers and money managers, along with tech giants, will deliver closing arguments today in a court case fighting new market data fees charged by stock exchanges.
Global Fund Industry Rebounds, Total Assets Now $120 Trln
News  |  11/13/2012  | 
The fund management industry has rebounded from the global financial crisis and conventional assets under management are now 13 percent above pre-crisis levels, a report said on Tuesday.

DDoS Attacks on Financial Industry: Ignoring Them Won’t Make Them Go Away
Commentary  |  11/9/2012  | 
After more than a decade of DDoS attack evolution, the information security profession employed by banks, is still is not equipped to deal with the problem, argues Jeffrey Lyon, president of Black Lotus.
SEC Left Computers Vulnerable to Cyber Attacks
News  |  11/9/2012  | 
Staffers at the U.S. Securities and Exchange Commission failed to encrypt some of their computers containing highly sensitive information from stock exchanges, leaving the data vulnerable to cyber attacks, according to people familiar with the matter.

FX Trading on Thomson Reuters Platform Falls in October
News  |  11/8/2012  | 
Daily spot foreign exchange trading volumes on Thomson Reuters dealing platforms fell by 23 percent in October from a year earlier, company data showed on Thursday.

Weathering Sandy: How Wall Street Got Through The Hurricane
News  |  11/6/2012  | 
IT people working around the clock, strategically placed generators, and backup offices all proved critical to disaster preparedness.
7 Wall Street Institutions Slammed By Hurricane Sandy
Slideshows  |  11/2/2012  | 
As Hurricane Sandy battered the North East leaving a trail of death and destruction in New York and New Jersey, Wall Street banks suffered varying degrees of damage. We take a look at seven financial institutions that were slammed by Sandy.
Stocks Climb as Improved Oct Hiring Boosts Economy Hopes
News  |  11/2/2012  | 
The S&P 500 climbed in early trading Friday as U.S. employers stepped up hiring in October and the jobless rate ticked higher as more workers restarted job hunts, a hopeful sign for a lackluster economy.

Capital Markets Outlook 2013: Demand for Deep Analytics Challenges Data Managers
News  |  11/2/2012  | 
Data management has always been a struggle for capital markets organizations, but increased regulation, demands for more data analytics, tight budgets and more unstructured data are compounding the challenge.
Capital Markets Outlook 2013: A Cloud Reality Check for HFT Shops?
News  |  11/2/2012  | 
Algorithmic providers and high-frequency trading shops are running complex calculations in the public cloud, but the economics of storing big data may not be so cheap.
Capital Markets Outlook 2013: Firms Will Focus On Reducing Data Center Costs in 2013
News  |  11/1/2012  | 
Data centers are enormous capital investments that require large operating budgets. In 2013, capital markets firms will continue to scrutinize their existing data centers, reduce operating costs and even selectively move some applications to third-party providers and out of the corporate data center.


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