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Institutional investors spend between $1.5 billion and $2 billion per year on order management and execution management systems for their trading desks - a growing amount due to increased demands for compliance tools and the need to keep pace with rapid changes in market structure.
16 May 2013 | 0
JPMorgan Chase lawyers have demanded that Bloomberg hand over five years of internal staff logs, in another sign of disquiet among financial firms over the extent of a snooping scandal at the market data vendor.
16 May 2013 | 0
The Autorité des marchés financiers (AMF), the regulatory and oversight body for Québec's financial sector, has issued a Request for Information (RFI) for potential suppliers to tender for the creation of a new Market Analysis Platform (MAP).
14 May 2013 | 0
Market data vendor Bloomberg has suffered another blow to its credibility as it emerges that more than 10,000 confidential client memos sent through its private messaging system have been pubished online.
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