Post-trade & ops

1197 articles tagged with this keyword

All articles with this keyword
Apply Cancel
European Commission approves revised RICs licensing from Thomson Reuters

/Post-trade & ops

European Commission approves revised RICs licensing from Thomson Reuters

The European Commission has approved new licensing proposals from Thomson Reuters for the use of Reuters Instrument Codes (RICs), ending a prolonged anti-trust investigation.

ICE to acquire Nyse Euronext for $8.2bn; LSE/LCH.Clearnet talks rumble on

/Post-trade & ops

ICE to acquire Nyse Euronext for $8.2bn; LSE/LCH.Clearnet talks rumble on

IntercontinentalExchange (ICE) has agreed an $8.2 billion deal to acquire Nyse Euronext in a stock-and-cash transaction.

OpenGamma recruits Nakachi and Stewart for big sales drive

/Post-trade & ops

OpenGamma recruits Nakachi and Stewart for big sales drive

Open source analytics start-up OpenGamma has recruited a number of industry veterans as it prepares for a major sales push in 2013.

Icap makes investment in Model Two Zero

/Post-trade & ops

Icap makes investment in Model Two Zero

Icap has made a Series A investment in London-based reconciliation vendor Model Two Zero.

ECB extends T2S deadline; weak trading hits volume and pricing assumptions

/Post-trade & ops

ECB extends T2S deadline; weak trading hits volume and pricing assumptions

The European Central Bank may be forced into a rethink of the charging structure for the Target2Securities settlement platform as weak trading in Eurozone markets hits previously optimistic volume assumptions.

Sanctions screening costs doubling every four years - Swift

/Post-trade & ops

Sanctions screening costs doubling every four years - Swift

The operational costs of sanctions compliance to financial services firms is doubling every four years, according to data compiled by interbank co-operative Swift.

FIX Protocol develops standards for European consolidated tape

/Post-trade & ops

FIX Protocol develops standards for European consolidated tape

In a move billed by the standards-setting body as a key milestone in the development of an EU-wide consolidated tape, Fix Protocol Limited has released a set of standards for the consolidation of trade reports and market data for European equity markets.

UBS fined £29.7 million by FSA over rogue trading incident

/Post-trade & ops

UBS fined £29.7 million by FSA over rogue trading incident

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.

SocGen considers outsourcing 400 back office jobs - Reuters

/Post-trade & ops

SocGen considers outsourcing 400 back office jobs - Reuters

French bank Societe Generale is pondering outsourcing around 400 corporate and investment back office jobs to Accenture, according to Reuters.

Australia plans 'kill switches' to curb HFT risks

/Post-trade & ops

Australia plans 'kill switches' to curb HFT risks

In a bid to curb high-frequency trading, Australia has unveiled plans for the introduction of 'kill switches' as part of a wider package of new market integrity rules.

UBS 'rogue trader' Adoboli found guilty of fraud

/Post-trade & ops

UBS 'rogue trader' Adoboli found guilty of fraud

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.

DTCC starts sorting though Sandy-flooded securities vault

/Post-trade & ops

DTCC starts sorting though Sandy-flooded securities vault

The Depository Trust and Clearing Corporation has begun sifting through the soggy remains of approximately 1.3 million physical securities certificates stored in an underground vault in lower Manhattan which was overwhelmed by a tidal surge during superstorm Sandy.

Institutional investors feel ignored over MiFID II plans

/Post-trade & ops

Institutional investors feel ignored over MiFID II plans

The vast majority of buy-side firms feel that institutional investors have had no meaningful influence on the legislative process building up to new MiFID II rules, according to a Greenwich Associates survey.

Bloomberg, king of the proprietary desktop, launches App Portal

/Post-trade & ops

Bloomberg, king of the proprietary desktop, launches App Portal

Bloomberg has launched an App Portal that gives its 315,000 desktop terminal subscribers access to applications created by third party developers.

Half of market participants not preparing for T+2 - Omgeo

/Post-trade & ops

Half of market participants not preparing for T+2 - Omgeo

Market participants are not prepared for shorter settlement cycles, despite being strongly in favour of a move to T+2, according to a study from Omgeo.

Banks announce support for SAP corporate cloud messaging network

/Post-trade & ops

Banks announce support for SAP corporate cloud messaging network

Bank of America Merrill Lynch, The Bank of Tokyo-Mitsubishi UFJ, Citi, Deutsche Bank, Nordea, Royal Bank of Scotland and Standard Chartered Bank have announced their involvement in the development of the SAP Financial Services Network (FSN), a cloud-based corporate-to-bank connectivity platform.

Dealing firms not ready for real-time reconciliation - survey

/Post-trade & ops

Dealing firms not ready for real-time reconciliation - survey

More than half of financial institutions have not yet embarked on real-time reconciliation for any of their asset classes and do not expect to be in a position to move to do so by the end of 2013, according to a survey conducted by Gresham Computing

Swift taps SmartStream for Accord Matching overhaul

/Post-trade & ops

Swift taps SmartStream for Accord Matching overhaul

Financial messaging network Swift has enlisted SmartStream Technologies for an overhaul of its Accord confirmation matching engine.

Swift wins T2S connectivity deal with CSD consortium

/Post-trade & ops

Swift wins T2S connectivity deal with CSD consortium

Link Up Markets, a consortium of 11 European central securities depositories (CSDs), has selected financial messaging network Swift to provide connectivity to Target2-Securities, the new pan-European settlement infrastucture under construction by the European Central Bank.

Shortening US trade settlement cycle a big money saver - BCG

/Post-trade & ops

Shortening US trade settlement cycle a big money saver - BCG

Shortening the time period between trade execution and settling payment for US cash securities transactions could reduce the industry's costs and risk exposure by several hundred million dollars a year, according to a report from the Boston Consulting Group (BCG).

Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.

Please read our Privacy Policy.

Accept