Emerging Technologies
2012 Review: Emerging Exchanges Revamp Data Tech, US Exchanges Ditch FAST
IMD's Vicki Chan recaps the year's biggest exchange-led market data trends.
Wells Assembles NuPont Marketeer Dream Team
Former Exegy VP Jeff Wells unveils the team that will lead the recently launched NuPont.
Opening Cross: Merry Fiscal Cliffness!
(To the tune of ‘The Holly and the Ivy’)
Retiring Industry Veteran Cutrone Reflects on the Past—and the Future
After more than four decades in the capital markets, Lee Cutrone is retiring. He talks with Anthony about the highs, the lows, and what he’ll miss once he's out of the business—namely, T+2, or even T+1, settlement cycles.
Newedge Rethinks Organization in Major Restructure
Futures broker Newedge has announced plans for a wholesale reform of the way it operates its business, in light of adverse market conditions.
SEC Loses Chief of Staff in Latest Departure
The US Securities and Exchange Commission (SEC) has announced the resignation of its chief of staff, Didem Nisanci, in the latest of a series of losses that has claimed some of its most senior figures.
CEO Brodsky Steps Down at CBOE
William Brodsky, chairman and CEO of CBOE Holdings, will step down as CEO following the Annual Meeting in May 2013 to assume the role of executive chairman of the board. Brodsky, who has served since 1997, took the company public in 2010.
Information Mosaic Hires Sales Head
James Millard joins the post-trade automation vendor as global head of sales, to be based in New York
Rule Financial Signs OTC Specialist
Capital markets consultancy Rule Financial has announced that Derek Perry will join the company as a management consultant, and over-the-counter (OTC) clearing specialist.
Sapient Approved as Eris Training Partner
Boston-based Sapient Global Markets has been certified as an Implementation Partner by Eris Exchange, the Chicago-based futures exchange aimed at the OTC derivatives market.
Nasdaq OMX Acquires 25 Percent of TOM
Nasdaq OMX has acquired 25 percent of The Order Machine (TOM), a Dutch cash equities and equity derivatives trading venue.
Citi Joins with Tradable for FX
Foreign exchange (FX) platform Tradable has announced a partnership with Citi, which will allow brokers on its platform to transact with the bank through its CitiFX TradeStream.
Clarke’s Tenure at Man to End; COO Roman will Take Over
Man Group has announced it will replace chief executive officer Peter Clarke, who had been in the job since 2007, with Emmanuel "Manny" Roman. Roman is the firm's chief operating officer and joined Man after it acquired hedge fund GLG Partners in 2010.
SIX Swiss Exchange Appoints Urs Widmer COO
SIX Swiss Exchange has appointed former AXA Winterthur CEO Urs Widmer as its COO.
FOA Hires Stromberg in Senior Regulatory Role
The Futures and Options Association (FOA) has announced the appointment of Natasha Stromberg as a manager for regulation.
