News
Hackers go after Citibank ATMs
The feds have broken up a ring of hacker-thieves who found an electronic way into Citibank's automated teller machines at 7-Eleven stores. They stole at least $2 million before they were shut down. Read more...
Electronic tools fuel oil trading
We've noted often that options trading is following a developmental path very similar to that of equities trading. The same can now be said for futures trading. When it comes to trading, if you build Read more...
Internal risk metrics to be big business?
As if you haven't already heard this: risk management and transparency are going to be big issues this year. This is one of the few areas where IT budgets might actually grow. Which presents a big Read more...
So it wasn't a computer glitch after all
Not too long ago, it was widely reported that a coding error caused ratings models at Moody's to assign inflated rating to some constant proportion collateralized debt obligations in Europe. At the Read more...
LiquidNet calls for more linkages between exchanges and ATSs; Fidelity's new CIO;
> LiquidNet calls for more linkages between exchanges and ATSs. Article > Barclays offers Read more...
Liquidnet to go public
The well-regarded electronic trading platform that offers access to more than 20 dark pools has filed to raise $500 million via an IPO. The move bespeaks a lot of confidence given current market Read more...
Buyside embraces TCA
Advanced Trading weighs in with an article on the buy-side's growing acceptance of transaction Read more...
Can SAP make a splash via core conversions?
We noted recently that more banks are facing the prospect of overhauling their core systems--the main IT system on which most of Read more...
Outsourcing to Israel
We don't think of Israel as a top outsourcing destination. But Wall Street & Technology notes that the industry is thriving there. Orthodox Jewish women are not allowed to drive, so working from Read more...
Specialists to come back to life as market makers
Well, we have been speculating for some time about the ultimate end of NYSE specialists, how the exchange would actually shut the floor. The floor had been in decline for decades and the final push Read more...
Microsoft's Silverlight aims for financial services companies
The giant of Redmond is convinced it's browser plug-in known as Silverlight is ideal for the financial services industry. It will be making its case in a series of demos and events soon, reports Read more...
NYSE technology on display in Doha deal
The news that NYSE Euronext will take a 25 percent stake in the Doha Securities Market is yet another example of the premiere exchange company's ambitions as a technology solutions vendor. It's task Read more...
Banks starting to embrace SOA?; Toronto police bust ATM skimming operation;
> Banks starting to embrace SOA? Article > Netik offers Read more...
Dark pool technology outpacing buyside understanding
There is a such a thing as too much technology, or technology overload, or whatever you want to call it. Consider dark pools. There are more than 40 pools out there, and that has made it difficult Read more...
Are more banks ready to turn to SaaS?
It's no secret that IT budgets at most banks are being squeezed. But that's only going to make the vendors work that much harder for attention. Truth be told, the SaaS vendors can make a pretty good Read more...