Emerging Technologies
A Year of Opportunity
After eight weeks as head of Telekurs UK, Martin Cole gives an exclusive interview to IRD, discussing his top priorities this year and the uncertainties in the market
Eye on the Prize
People
Show Us the Money
Salary Survey
Charlop, Gibbs, Jones
Position Keeping
Silver Lining?
Cover Story
CMA cashes out to CME Group
In a significant deal for the buy side, CME Group announced late last month that it had acquired Credit Market Analysis (CMA), a London-based technology vendor which provides credit derivatives market data exclusively to asset managers and hedge funds.
Coming around again
The spectre of greater hedge fund oversight by financial regulators has seemed more or less dormant for several months now as Wall Street meltdowns become more and more spectacular. But even though the US Federal Reserve and other government agencies…
CME Group Buys CMA for OTC Data Play
The Chicago Mercantile Exchange last week acquired bond and credit derivatives pricing vendor Credit Market Analysis for an undisclosed sum, in a bid to diversify its data offering and drive business to the CME's other services for over the counter…
Icap Reorganizes Info Services
Interdealer broker Icap has reshuffled its Information Services division, giving new responsibilities to some of the broker's senior data executives.
Nasdaq: "Mutual Recognition" Threatens Data Products
Nasdaq OMX has voiced concerns that the concept of so-called "mutual recognition" currently being examined by US regulator the Securities and Exchange Commission could put US-based exchanges' data products at a competitive disadvantage against their…
FISD to Compare 'Trading' Data Fees
The Business Issues Policy and Procedures Standards working group of data industry association FISD is seeking to clarify exchanges' fee policies for market data used by traders and their assistants engaged in trading on those exchanges.
Pivot Preps $3M Expansion
Trade messaging and collaboration infrastructure technology provider Pivot has raised $3 million in new funding, to enable the vendor to expand its sales force and to fund development of new modules for its Pivot 360° platform, officials say.
Traderforce Builds US Team, Mulls Direct Feeds
French data vendor Traderforce plans to bolster its US presence by setting up a sales and support office in New York alongside a local datacenter, and is also looking at sourcing direct datafeeds to support latency-sensitive clients in the region.
Smith Signs On to Lead Data Explorers Expansion
Donal Smith, former senior executive at Thomson Financial and newly appointed chief executive of London-based securities lending data provider Data Explorers, plans to expand the vendor's business in response to increased demand for securities lending…
Berry Bows Out from Barclays Capital
Prominent market data industry professional David Berry has left his position as head of market data business management at Barclays Capital after only 18 months in the role, and as a result has suspended his participation in French market data consumer…