Asset Classes news from FierceFinanceIT

The idea of being able to trade across multiple asset classes is something that has been discussed for a while. Now we're seeing the likes of UBS, Goldman Sachs and Credit Suisse developing these... Read more...

Via its purchase of a large stake in Cogent, a group of big-name broker-dealers are aiming to set forth an industry standard when it comes to commission sharing agreements. Cogent's online... Read more...

Even before the credit crunch, the hedge fund industry was trending toward the use of multiple prime brokers. With counterparty risk issues at a near fever pitch, that trend has only... Read more...

True, the current economic environment is looking bleak. IT budgets are bound to get trimmed. But this is no time to panic, notes Larry Tabb. Instead it's time to strategically invest. The long-term... Read more...

There has been lots of talk about how human traders are being disintermediated by electronic trading services. Working as a cash equities trader hasn't carried a lot of cachet on Wall Street for... Read more...