A Bright Spot for Agency Brokers
As agency brokers expand into the alternative research area, they are becoming alpha generators, which turns out to be a more stable, if not growing, piece of the total commission pie.
Nasdaq OMX Unveils Volatility Target Index
Nasdaq OMX Group announced that it will launch a new volatility index in conjunction with Deutsche Bank’s global asset management segment, a system it said is designed to limit risk for investors dealing on the Nasdaq-100 Index.
Numerix Expands South Asia Presence With New Seoul Office
Numerix, a provider of cross-asset analytics for derivatives valuations and risk management, announced the opening of a new regional office in Seoul, a move the firm said is aimed at capitalizing on the growing South Korean derivatives market.
FX Bridge Names Stephen Best CEO
FX Bridge Technologies, a provider of FX and options trading platforms, announced it hired Stephen Best as CEO, a post he assumes after a decade of overseeing complex trading strategies at several large firms.
TradeStation Integrates Futures Trading on Eurex
TradeStation Securities announced real-time trading in Eurex futures has been integrated into its platform, a move the firm said was driven by growing demand from traders seeking the ability to deal in a wider range of global futures markets.
State Street Beefs Up Risk Analytics Tools
State Street Corp announced it enhanced its risk analytics tools with portfolio reallocation devices and economic stress tests to help traders grapple with a volatile market.
Broadridge Acquires NewRiver in $77 Million Deal
Broadridge Financial Solutions Inc. announced it acquired NewRiver Inc., a firm which specializes in electronic investor disclosure platforms, for about $77 million in a deal that’s expected to close later this month.
IT: The Global Economic Accelerant
IT is a major driver of global economies, but traditional indicators such as GDP do not go far enough to accurately measure global competitiveness.
S&P VRS Rolls Out Benchmark For Evaluating Corporate Bonds
S&P Valuation and Risk Strategies, the analytics arm of Standard & Poor’s, announced the debut Risk-to-Price, an evaluation benchmark aimed at helping corporate bond investors measure how well they’re being compensated through yield.
StreamBase Links CEP To Brazil's BM&FBovespa
StreamBase Systems announced that it connected its complex event processing platform to Brazil’s BM&FBovespa, a move it said will give users low latency access to derivatives and equities listed on the exchange.
Measuring Liquidity: A Challenge in OTC Markets
The credit crisis has demonstrated the need for a new generation of market-based liquidity measures in OTC instruments, according to David Austin and Gavan Nolan at Markit, who contend the focus should be on indicators of 'prospective liquidity.'