The US financial services industry is to conduct a market-wide business continuity and disaster recovery test to assess the sector's readiness for dealing with an avian flu pandemic.
The Securities Industry and Financial Markets Association (SIFMA) today announced that it has appointed Marc E. Lackritz as its sole Chief Executive Officer.
eSpeed (NASDAQ: ESPD), a leading developer of electronic marketplaces and related trading technology for the global capital markets, announced that Mark Ficke has joined the firm as Senior Managing Director, Fixed Income Electronic Brokerage.
Wall Street lobbying group The Securities Industry and Financial Markets Association (Sifma) has called on the Securities and Exchange Commission (SEC) to delay any rulings that would allow stock exchanges to charge to deliver real-time stock data to Web sites.
The take-up of electronic trading in global fixed income markets accelerated sharply in 2006, according to the annual Securities Industry & Financial Markets Association (Sifma) survey.
The Securities Industry Association and The Bond Market Association today announced that their respective member firms have voted to merge the two organizations to create the Securities Industry and Financial Markets Association, or SIFMA.
The boards of directors of the Securities Industry Association and the Bond Market Association today voted to merge the two organizations, creating the Securities Industry and Financial Markets Association, or SIFMA.
The Securities Industry Association (SIA), an organization bringing together the shared interests of nearly 600 securities firms to accomplish common goals, has selected PAETEC Communications, Inc., to provide IP-based trader voice services to global financial markets. PAETEC's TRADETEC services will be provided to major financial centers via its premier SECURETEC Private-IP MPLS network.
The boards of directors of the Bond Market Association and the Securities Industry Association voted today endorsing the concept of merging the two associations into a new entity which will more effectively represent the member companies and the industry while enhancing the public's trust and confidence in the markets.
The cost of compliance in the securities industry has risen rapidly, nearly doubling during the last three years to $25.5 billion, according to a study released by US trade group the Securities Industry Association (SIA).
© Finextra Research 2013