Archive for the ‘Financetech’ Category:

SEC Official Seeks to Debunk "Mini Flash Crashes"

{ Posted on Sep 21 2011 by WallStreetAndTech recent articles }
The sudden price moves that commonly happen in certain stocks should not be considered mini flash crashes, according to an SEC official. Read More »

Northern Trust Seals Outsourcing Agreement With Asset Manager RCM

{ Posted on Sep 21 2011 by WallStreetAndTech recent articles }
Services to be provided under the outsourcing agreement include post-trade execution support, and data management. Read More »

Rivals Circle UBS Star Bankers

{ Posted on Sep 21 2011 by WallStreetAndTech recent articles }
Banking rivals are circling UBS to poach its star deal advisers and equity specialists, as a $2.3 billion rogue trading scandal and the prospect of low or non-existent bonuses dents morale. Read More »

Greek Debt Default Is Only a Matter of Time

{ Posted on Sep 21 2011 by WallStreetAndTech recent articles }
The notion of a Greek debt default is becoming a question of when, not if, as analysts estimate a 110 billion euro writedown will be required. Read More »

SEC Moves to Limit Firms’ Bets Against Clients

{ Posted on Sep 21 2011 by WallStreetAndTech recent articles }
The SEC is considering a proposal that would restrict financial firms from betting against the bundled financial products they create and sell to investors. Read More »

Cloud Plays Disruptive Role in Financial Services

{ Posted on Sep 21 2011 by WallStreetAndTech recent articles }
A regulated trader, such as a Merrill Lynch or J.P. Morgan, could lease its license through the NYSE cloud infrastructure to another participant to use for a short period. Read More »

UBS Scandal Polarizes Opinions On What Went Wrong

{ Posted on Sep 21 2011 by WallStreetAndTech recent articles }
UBS is still giving out only a trickle of information about what actually might have happened. Read More »

NYSE Technologies Offers Real-Time Market Data And Analysis Tool In Microsoft Excel

{ Posted on Sep 20 2011 by WallStreetAndTech recent articles }
Thanks to a strategic partnership, the new data analysis tool will allow traders to stream and analyze real-time normalized market data directly in Microsoft Excel 2010. Read More »

SEC Alleges Insider Trading in Global Industries

{ Posted on Sep 20 2011 by WallStreetAndTech recent articles }
The Securities and Exchange Commission filed an insider trading lawsuit in connection with the recent purchase of U.S. underwater oil services company Global Industries Ltd by France's Technip SA. Read More »

UBS Loss Exposes European Trading Loophole

{ Posted on Sep 20 2011 by WallStreetAndTech recent articles }
UBS's $2.3 billion loss has uncovered a gap in the oversight of widely-used investment products which allow traders to hide their dealings and will take regulators years to close. Read More »