23 May 2013
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The president and managing director of Osaka Securities Exchange have had their pay docked in recompence for a four-hour shut down of the J-Gate derivatives trading system in March.

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LSE poaches SunGard's Mack Gill to head up MillenniumIT

22 May 2013  |  0

The London Stock Exchange has hired SunGard's John Mackay ('Mack') Gill to serve as chief executive of its technology subsidiary MillenniumIT.

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Temasek acquires 10% stake in Markit

22 May 2013  |  0

Temasek, Singapore's state-owned investment company, has acquired a 10% stake in financial data firm Markit for $500 million.

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Buy side spending on execution and order management systems rising year-on-year

20 May 2013  |  0

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.

 

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