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Breaking News
European Exchanges and Clearinghouses Back Two Messaging Protocols
July 2, 2009 - European trading venues and clearinghouses represented by the Trading2 Clearing Working Group today recommended the use of messages that adhere either to the FIX protocol or the ISO 15022 standard for their exchanging of information electronically.
BNY ConvergExs LiquidPoint Signs On With Equinix
July 2, 2009 - BNY ConvergEx Group, a provider of investment technology solutions and global agency brokerage services, said its options broker dealer LiquidPoint has selected Equinixs NY4 as its East Coast data center.
U.K. Standards Board Wants Hedge Funds To Open Up
July 1, 2009 - Londons Hedge Fund Standards Board today recommended that hedge funds hire out their operational work to independent parties who would be responsible for custody of, recordkeeping on and valuation of assets.
Featured Articles
Perspectives
Guest Comment
The 3 False Gods Of Financial Services
The industry has failed to imbed the fundamental concepts of capital adequacy, risk management and straight-through processing into its business model, says Allan D. Grody of Financial InterGroup Advisors.
Comment
Challenges, Opportunities In Securities Technology
The theme of this year's Securities Industry and Financial Markets Association's Technology Management Conference is--not surprisingly--the critical role of technology in challenging economic times.
Original Sources
SEC Must Prove It Can Be Watchdog
With the SEC coming under increasing fire, the agency must answer its critics by demonstrating its commitment to be the markets watchdog, says commissioner Luis Aguilar.
Viewpoints
Northern Trust Adapts Technology to Changing Times
Northern Trust's Peter Magrini says the ever-expanding global marketplace is forcing the bank to ensure 24-by-7 support for its customers.
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