Trading Tech

Finra Eyes New Surveillance System

The US Financial Industry Regulatory Authority (Finra), a self-funded regulatory organization tasked with overseeing American brokers, is soliciting comment over a proposal for new method of collecting data on investment sales activities.

Esma Updates Derivatives Reporting Guidance

The European Securities and Markets Authority (Esma) has clarified its position on the reporting of derivatives, updating an online Q&A with the scope of requirements, as well as the counterparties that it expects to report transactions.

Bloomberg Names Risk and Compliance Exec

Bloomberg is making good on its promise to beef up compliance and data security measures-following the revelation earlier this year that its journalists were able to access some client terminal usage data-by hiring Paul Wood as the vendor's first chief…

Kaplan Swaps Telx for Equinix

Shawn Kaplan recently joined datacenter and hosting provider Equinix as sales director for the vendor's major accounts team covering financial services, a newly-created role leading a sales team focused on building strategic relationships with Equinix's…

2013 Review: For Exchanges in 2013, Life’s a Glitch

US stock and options exchanges suffered such significant outages in 2013 that regulators step ped in to bring the markets to task over the failures, many of which were linked to problems with the exchanges’ ability to disseminate market data.

BayernLB Joins Eurex OTC Clear

Bayerische Landesbank (BayernLB), one of Germany's largest regional banks, has joined the EurexOTC Clear service as a clearing member for interest-rate swaps.

Bitcoin Tanks as RMB Spigot Dries Up

BTC China, the country's largest exchange for the virtual currency, was forced to stop trading after a recent dictate handed down from the Chinese central bank and other regulators banned local financial institutions from dealing in it.

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