Capital Markets Firms Turn to Cloud Computing
Despite disagreement on the actual definition of 'cloud computing,' capital markets firms increasingly are turning to the technology to achieve scale, cut costs and improve time to market. But not everything about the cloud is white and fluffy.
Riding the Cloud to Market: Q&A With Marc Chaikin
Marc Chaikin, who developed the first real-time analytics workstation for stock traders and portfolio managers, talks to WS&T about his latest venture and how he is using the cloud to deliver data to investors' smartphones.
Eurex Launches Real-Time Risk Service
Eurex Clearing has launched its new Enhanced Risk Solution, a real-time risk data distribution service for risk management and margining data to its trading and clearing members.
Jefferies Releases New Algo Suite
Jefferies has launched a new suite of algorithms for the U.S., Canadian and European markets offering a number of features to address price volatility and liquidity in fragmented and less visible market environments.
Former Instinet Exec Joins Penson
Clive Triance has been appointed chief executive officer of Penson Financial Services, Penson Worldwide’s London-based clearing and execution services subsidiary.
Misra Named CEO of Algo Technologies
Hirander Misra, former COO of Chi-X Europe, has joined Algo Technologies, which is launching to deliver trading technology solutions focused on algorithmic trading, execution market data services.