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IPO Delayed, Liquidnet Faces Patent Issues

The postponement of Liquidnet's public offering may give investors time to consider impending decisions in a patent dispute that could have a major effect on the trading platform's business.

SEC and Finra Clash on Mutual Recognition

A divide has opened up between the Securities and Exchange Commission and Financial Industry Regulatory Authority over an initiative that would significantly loosen restrictions on overseas exchanges and brokers that do business in the U.S.

Trading Risk the Focus of New FPL Committee

Amid dramatic volatility, FIX Protocol Ltd. has formed a risk committee to address growing concerns among market participants and trading venues about erroneous trades and order validation.

Getting Risk Systems to Ask the Right Questions

Contrary to what might be expected at this point in the financial crisis, firms are not complaining about the shortcomings of risk technology--nor are they rushing to order more of it.