Credit Suisse news from FierceFinanceIT
NewsCDS clearinghouse battle brewing?
We've been observing the effort to create clearinghouses for credit default swaps (CDS news) from the beginning. Early on, there were at least five possible winners. Right now, we're down to two. The... Read more...
Small slap on wrist points to algo issues
Are we in for more of this? The SEC has levied a fine, albeit small, on Credit Suisse "for poorly supervising the development and execution of an algorithm that clogged the exchange's order... Read more...
Banks flocking to North Carolina
Deutsche Bank has settled on North Carolina , specifically the Research Triangle area, as the ideal site for a new bank technology hub. The company aims to start a new unit, DB Global Technology,... Read more...
Case study: Credit Suisse's data repository
When Credit Suisse started building a common data repository for all of its alternative investment units four years ago, it was aiming for the kind of systems sprawl that plagues many companies. In... Read more...
Algorithms: Trading multiple asset classes simultaneously
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...
Demand strong for new "aggressive" algorithms
On Wall Street, few question the value of trading algorithms. This is in stark contrast to the hand-wringing about this approach to trading elsewhere. Many have recently lamented the herd aspect of... Read more...
Credit Suisse steps up offshore outsourcing
Credit Suisse will set up a "Centre of Excellence in Mumbai," through which it will conduct a range of activities, including investment analysis and risk and analytics modeling, reports Banking... Read more...
Latency data as a competitive advantage
Latency is, of course, a marketing issue these days. To survive as a trading or execution firm, you pretty much have to be able to market yourself as a low-latency service provider and produce the... Read more...
Some dark pools increase their volume
Dark pool volume is holding strong. Trading magazine notes data from Rosenblatt Securities showing that dark pools were 8.75 percent of consolidated volume in January, about the same as in November... Read more...
Algorithm usage holds up well
Despite a lot of conjecture to the contrary, it seems that hedge and other funds are as committed as ever to the use of algorithms. According to a recent Tabb Group report, the top providers by... Read more...
| Press ReleasesGleacher & Company Welcomes Another Addition to Equity Healthcare TeamYing Huang Joins to Cover Biotech NEW YORK--(BUSINESS WIRE)-- Gleacher & Company Securities, Inc., a broker-dealer subsidiary of Gleacher & Company, Inc. (Nasdaq: GLCH), today announced Read more >> Hedge Funds Saw Overall Negative Returns in August Based on Credit Suisse Liquid Alternative Beta ('LAB') Index PerformanceNEW YORK, Sept. 2 /PRNewswire/ -- Returns for the LAB Liquid Indices suggest that hedge funds were negatively impacted by broad market sell-offs in August, although certain sectors showed resilience Read more >> Research and Markets: Asset Management Competitor Tracker, Q2 2010 Provides Both One-Month and 12-Month Views of DevelopmeDUBLIN--(BUSINESS WIRE)-- Research and Markets (http://www.researchandmarkets.com/research/bfec3a/asset_management_c) has announced the addition of the "Asset Management Competitor Tracker, Q2 2010" Read more >> Velocity Commercial Capital, Inc. Files Registration Statement for Initial Public OfferingWESTLAKE VILLAGE, Calif., Aug. 30 /PRNewswire-FirstCall/ -- Velocity Commercial Capital, Inc. (Velocity) announced today that it has filed a registration statement with the Securities and Exchange Read more >> Fitch Downgrades 5 Classes of Credit Suisse First Boston, Ser 1999-C1; 2 Off Watch NegativeCHICAGO--(BUSINESS WIRE)-- Fitch Ratings removes from Rating Watch Negative where applicable, downgrades, revises Rating Outlooks and assigns Loss Severity (LS) ratings or Recovery Ratings (RR) to Read more >> |
