Financial News news from FierceFinanceIT

We've suggested before that dark pools might face some turbulence in the face of a bear market, that will likely lead to severely reduced trading volume--at some point, anyway. For a harbinger, we... Read more...

One of the most hotly contested races in the industry right now is in Europe, where just about every exchange and execution venue is bent on establishing an MTF beach head. What's more, just about... Read more...

There's been no shortage of smart trading solutions to emerge in recent years, and yet, the view right now is that clients are more than dissatisfied. Bob McDowall of the TowerGroup tells Financial... Read more...

We've noted recently that some people thought a CDS clearinghouse could be launched as early as this month. The Fed, the SEC and the CFTC certainly want to make this happen. They just signed an... Read more...

You can't blame the NYSE Euronext and Nasdaq OMX for wanting to compete in the hot European market, where the jockeying is fast and furious. But it's clear that winning in Europe will not be easy.... Read more...

As of now, you can execute trades of two stocks via BATS, which filed for exchange status in November 2007, and received approval in August. The Kansas City-based techno pioneer, which matched about... Read more...

We've been talking about more automation in the credit default market for a long time now. Despite official prodding, we've really only seen piecemeal activity toward that goal. On top of that, we're... Read more...