Securities Industry news from FierceFinanceIT

Historically, Fidelity Investments (Fidelity news) has been seen as a mutual fund company. Some of you also know the company as a massive retail stock brokerage and a benefits outsourcing service... Read more...

Does the sheer volume of information exchange really mean anything? You bet it does. Market data appliance company Exegy is working with Essex Radez, a direct exchange and co-location services firm,... Read more...

We used to measure trade execution times in seconds. Then milliseconds, then microseconds. Are we now on the verge of the nanosecond era? That's one billionth of a second, which is pretty fast!... Read more...

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...

So how low are we going to go? The NYSE Euronext is touting a new speed milestone: It says its ARCA electronic trading unit is now executing roundtrip trades in just 650 microseconds for... Read more...

The financial world is grappling with rollout of XBRL, which we've written about quite a bit over at FierceComplianceIT. Obviously, this is getting a lot of attention as a reporting technology, and... Read more...

Here's a novel marketing technique for hedge fund vendors: Give away your product, or at least a light version of it. Cogent Consulting's new HedgeTrak Lite offering allows hedge funds to get a grip... Read more...

If you've ever worked in a brokerage firm, you know what a pain corporate actions can be. The shocking part is that they are still processed manually in many cases, with people scouring... Read more...

How accurate do your latency measures have to be? Measurement is no small task these days. Milliseconds make all the difference between the success and failure of a trade. Lots of bragging rights are... Read more...

The integration continues. The new firm previously had announced that it will take two years to truly integrate the best of both technology platforms. However, Securities Industry News reports that... Read more...