A group of leading sell-side banks has set up a working group that will focus on the creation of an open industry standard protocol for client and trader enablement on electronic trading platforms.
CohesiveFT, a leader in enterprise application-to-cloud migration and application software defined networking (SDN) is joined this week by Chris Swan.
Orc, a leading provider of technology and services for the global financial industry, today announced that UBS Securities (UBS) has extended its usage of the Orc Access solutions to meet increasing global demand for high-performance and robust access on APAC exchanges.
UBS AG (NYSE:UBS)(SWX:UBSN) announced today that its Board of Directors has authorized settlements with the US Department of Justice (DoJ) and Commodity Futures Trading Commission (CFTC) in connection with their investigations of benchmark interest rates.
Hong Kong branch, conducted their first ever renminbi (RMB) triparty repo using Euroclear Bank and the Hong Kong Monetary Authority (HKMA) as collateral management agents, respectively.
The UK's Financial Services Authority has fined UBS £29.7 million for serious failings that allowed rogue trader Kweku Adoboli to rack up £1.4 billion in losses from unauthorised trading.
Kweku Adoboli, the UBS trader accused of running up £1.4 billion of losses in unauthorised trading at Swiss bank UBS, has been jailed for seven years after being found guilty of two counts of fraud.
FixSpec Ltd announced today that UBS MTF has become the first alternative trading venue to provide their members with an online, interactive version of the firm's FIX specification via FixSpec.com.
Turned away from their offices yesterday morning with news that they had been laid off, London-based UBS bankers made their way to Twitter and the pub to bemoan their luck.
Today, UBS announced a significant acceleration in the implementation of its strategy to transform the firm and create the UBS of the future.
© Finextra Research 2014