SEC greenlights RegSCI technology rules
The US Securities and Exchange Commission has voted to adopt new rules on technology infrastructure for key market participants and operators.
The US Securities and Exchange Commission has voted to adopt new rules on technology infrastructure for key market participants and operators.
Improving technology for settlement instructions is the top challenge facing buy-side firms preparing for the introduction of T+2 in Europe, according to theTRADEnews.com’s September poll.
Improved earnings from technology, clearing and market data services have offset reduced transaction volumes at both Nasdaq OMX and Deutsche Börse while London Stock Exchange Group has benefited from a major boost in trading activity.
FIX Trading Community today announced it has extended the Trading Enablement Standard Initiative to include foreign exchange client enablement.
The Philippine Stock Exchange has announced plans to replace its current trading platform with Nasdaq OMX’s X-stream Trading Technology.
Investment management consultancy specialist Investit has hired John Boyce, formerly of Blackrock and Barclays Global Investors, to head up its technology business.
Hong Kong Exchanges and Clearing (HKEx) has announced the successful launch of a centralised access point through which exchange participants can connect their order management systems to its securities trading system.
Increasing connectivity to trading platforms is the most urgent priority facing the buy-side over the next 12 months with regards to fixed income trading, according to theTRADEnews.com’s June poll.
Access to a broader range of skills and improved connectivity have been highlighted by asset managers as some of the key pros they look to gain when outsourcing their dealing desks, according to research by consultancy Investit.