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.
Five Key Risks for Firms in 2013
While the detailed risks run by firms are unique, there are a series of high-level risks which all financial services firms, no matter what their sector or geography, need to consider.
EU Dark Pools Regs Blast Buy Side
The proposed 5 percent cap on dark pool trading could have a sharp impact on asset managers who need the anonymity of unlit trading venues, say critics.
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.
A Letter to Anadarko Regarding Its 'Flash Crash'
In response to shares of Anadarko Petroleum trading as low as a penny last week, Themis Trading raises questions to Anadarko about the stock's rapid descent in the context of the current market structure.
HFT Firms Flood DC with Donor Dollars
While lawmakers and regulators take a long hard look at high-frequency trading, the firms that trade near the speed of light are donating money like never before.
Bloomberg Spygate Lights Up Twitter
News that Bloomberg allowed its reporters to access certain Bloomberg Terminal client data sent the Twitter world on fire. Then, news broke that Goldman Sachs and JPMorgan had contacted Bloomberg asking for an explanation, which fanned the flames. Here are some of the most interesting Tweets about the Bloomberg snooping scandal.
Is it Time to Tweak, Keep or Scrap Reg NMS?
The emphasis on speed, order protection, and technology that Regulation NMS brought to U.S. equities is analyzed in an indepth report by Tabb Group, which says it's time to debate the rule's effectiveness.
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.