Several financial technology vendors have been acquired in recent months as large IT firms have looked for ways to capitalize on structural changes in the financial markets.
CONTINUE READINGContix, a company that helps traders scan social media for market-moving information, has extended its service to commodity markets.
CONTINUE READINGOn Sept. 24, the Commodity Futures Trading Commission issued an order granting Nodal Clear registration as a derivatives clearing organization.
CONTINUE READINGNeurensic is a Chicago-based company that has developed a set of tools for the detection of disruptive trading practices such as spoofing.
CONTINUE READINGCME Group and China Foreign Exchange Trade System, a sub-institution of the People’s Bank of China, announced on Sept. 25 an agreement to cooperate and explore ways “to promote each other’s market infrastructure and products.”
CONTINUE READINGTHIS SEPTEMBER, with just a few quick taps on a smartphone, an individual purchased £500,000-worth of gold bullion.
CONTINUE READINGFormer floor traders reminisce about their days of open outcry trading in Chicago and New York.
CONTINUE READINGThe National Futures Association, the U.S. futures industry’s self-regulatory organization, has drafted standards that all NFA members will need to apply in protecting themselves from the risk of unauthorized access or attacks on their information systems.
CONTINUE READINGChris Topple and Christophe Lattuada, Co-Heads of Société Générale Prime Services, explain the strategy behind the acquisition of Newedge and Jefferies Bache and their integration into the bank’s Prime Services business.
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