Wall Street & Technology is part of the Informa Tech Division of Informa PLC
This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.
Invictus Platform Lets Hedge Funds Do Stress Tests on Banks The firm said the service will give banks a clear snapshot about whether a bank is over, under or fairly valued in relation to its peers.
Northern Trust Enhances Investment Risk and Analytical Tools New features include having a selection of any portfolio or index/benchmark data and combinations for any daily or monthly time period.
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.
The Keys to Hedge Fund Software Selection Hedge funds must realize that one size doesn't fit all when selecting a business-critical system.
Job Cuts: Wall Street's Cruel Summer The banks may be posting decent (if mildly disappointing) profits, but they're aggressively slashing job rolls to rein in costs.
Post-Irene, Wall Streeters Figure They Might As Well Just Stay Home Despite Irene causing less damage than expected, many Wall Streeters have decided to stay home. In any case, they are not strictly needed.
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.
Reacting to Steve Jobs Departure: An Amazing Ride Pundits are speculating on Apples' future under new CEO Tim Cook, and whether Apple can continue the steady stream of hit products.
Worried About Your Wall Street Job? At Least You're Not In Europe Less than a couple of months ago, reports suggested that the job situation in the UK was looking decidedly rosier than in the U.S. But a couple of months in the banking industry are almost like dog years.
ConvergEx Names Head of Asia Pacific Transition Mgt. Jim Karelas joined ConvergEx from JP Morgan in Sydney.
BNY Mellon to Clear Interest Rate Swaps Via CME Group Bank of New York Mellon announced its clearing arm will clear over-the-counter interest rate swaps through CME Group, an arrangement the firm said it made on behalf of its institutional clients.
Xtrakter Is Reporting Derivatives Data to FSA In compliance with MiFID, XTrakter enables clients to use the Alternative Identifier (Aii) for derivatives transactions reported to regulated markets by Nov.13, 2011.
A Decade of Destruction and Rebirth The past decade has been tough, but we need to be optimistic and view it for the success it has brought and the opportunity it will bring.
Fincad Forms Counsel of Advisors The counsel will provide the derivatives software company with guidance on corporate strategy, product direction and market positioning.
Global Market Volatility Comes as No Surprise Most conversations about the financial markets last week centered largely on the "extreme" market activity taking place.
Markets May Drop, But No Downgrade for Role of Compliance In the wake of S&P's downgrade of U.S. debt, compliance officers are fulfilling a far more proactive and pre-trade role in their firms' trading organizations, says Matt Grinnell, Fidessa's
TCA Grows Outside of Equity Trading Desk —Greenwich Assoc. study While 70 percent of active equity investors in the study employ TCA, about 25 percent deploy TCA in fixed income as well as foreign exchange.
Risk Institute Denounces Short Selling Bans in Europe EDHEC-Risk Institute warns that curtailing short selling in Belgium, France, Italy and Spain can be disruptive to markets and have spillover effects.
French Think Tank Brands European Short-Selling Bans as 'Political Smokescreen' A France-based academic think tank blasted the short-selling ban enacted in several European countries this week as a remedy for extreme volatility, arguing that reduced liquidity and market quality will be the unintended consequences.
New Hedge Fund Protocol For Risk Aggregation Is Launched The open protocol was developed by an independent working group of 16 firms, including investors, prime brokers, fund administrators and hedge funds.
Deutsche Bank Expands Market Access Platform to U.S. Exchanges Deutsche Bank announced its electronic trading unit will expand its low-latency direct market access trading platform to include all co-location facilities at the major U.S. stock exchanges.
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.
Bonaire Releases Enhanced Business Intelligence Module Bonaire's EMPOWER/BI is designed specifically for the asset management industry.
Standard & Poor's is Bearish on the U.S. Political System In downgrading the United States' top tier credit rating for the first time ever, Standard & Poor's has taken a bearish position on the nation's political system.
I Want YOU For The U.S. Economy. As news continues to pour in about the S&P downgrade and tumbling markets, your bank might soon be asking YOU for a loan.
It's Beginning to Feel a Lot Like 2008 There's no shortage of frightening economic news floating about these days.
You've Been Hacked! Now Learn Their Latest Tricks Here are 3 ways your organization - and probably even your personal computer - is likely to have been hacked, without you even realizing.