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.
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.
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.
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.
You Can’t Tweet the Market Lower
Many financial reporters spoke about the market's vulnerability in the wake of the Associated Press Twitter hack, but the real story should have been the market's resiliency, as benchmarks returned right to where they were before the rogue report hit.
EBS Direct is Live with 4 Liquidity Providers
Commerzbank, Goldman Sachs, J.P. Morgan and Morgan Stanley have completed trades on EBS DIrect, a new relationship-based disclosed liquidity service with streaming prices tailored to consumers.
Susquehanna Renews with SunGard for Compliance
Institutional broker dealer Susquehanna Financial Group extended its relationship with SunGard's Protegent as the firm’s platform for trading compliance of its institutional equities trading business.