editor's corner

  • Debate over equity market structure continues

    Some may have thought last year's equity market structure debates would fade in the new year, but that doesn't appear to be the case. Starting January 6, BATS Global Markets released an open letter to market participants making recommendations on what it sees as three key issues.

RBS's new investment banking chief departs amidst restructuring plans

The executive chairman of Royal Bank of Scotland's Corporate and Institutional Bank Rory Cullinan will leave the firm as it continues a drastic shrinking of its investment banking capabilities. Cullinan is no stranger to making cuts, having previously been charged with closing or divesting unwanted assets as head of RBS's "bad bank." His departure comes as a surprise, however, because he had only moved from the bad bank to head the corporate bank one month ago.

FIIG models new corporate bond trading portal after Amazon

Australian fixed income specialist FIIG has launched an online bond ordering service, designed to be as easy to use as popular online Web sites. Clients can use the system to browse a range of bonds, access research on each bond, and place buy or sell requests any time day or night.

Tanium secures $52 million funding, enhances platform

Enterprise security and systems management technology company Tanium has announced an additional $52 million in funding from Andreessen Horowitz as well as new enhancements to its platform. The funding builds on a $90 million investment from Andreessen Horowitz last May.

Alternate stock exchange designed to deter high-frequency trading launches in Canada

A new stock exchange aiming to curb high-frequency trading and compete with the Toronto Stock Exchange officially opened for trading Friday. The Aequitas Neo Exchange launched with 45 TSX listed stocks.

Mobile-only 'mobivores' grow in numbers, Fiserv study shows

Mobile banking is on the rise, with signs that certain segments of mobile users are becoming "mobivores," or mobile-only users, according to a recent Fiserv white paper. The white paper...