TradingTech Insight Blogs The latest content from across the platform
Markit is the Latest to Fall Under the European Commission’s Spotlight for its CDS Data Practices
In the latest of its investigations into the data vendor community’s data practices (following its continuing investigations into S&P and Thomson Reuters), the European Commission has launched a new anti-trust investigation into Markit’s data sharing arrangements with 16 bank dealers in the credit default swap (CDS) market. The Commission is seeking to establish whether the…
Pricing Partners Provides Smoother and Faster Greeks for its PDE Engine
Pricing Partners announced today to enhance its derivatives pricing library with smoother and faster Greeks for its PDE engine. In an effort to provide faster and smoother Greeks for its generic PDE engine, Pricing Partners has recently enhanced its generic PDE grid engine equipped with on-the-fly Greeks calculations with a fixed grid. This accelerates substantially…
SEC and CFTC Agree on Definitions for Swaps, Now Over to You for Feedback…
The Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) have this week finally provided some long sought after clarity regarding the definition of what classifies as a “swap” and hence should be covered by the new and incoming Dodd Frank derivatives requirements. These definitions should also provide some of the foundations on…
Major Study Finds Rapid Adoption of Hosted Email Compliance
Financial institutions are rapidly moving to hosted email compliance and storage services to deal with increasing costs, risks and regulations, according to a study conducted by Forrester Consulting. The study was commissioned by Bloomberg Vault, a service that helps corporations globally meet compliance, regulatory and eDiscovery requirements. The poll of 187 executives with responsibility for…
SEC Proposes Amendments to Remove Credit Ratings References in Several Rules Under the Exchange Act
In keeping with its ongoing crackdown on the credit ratings agencies, the Securities and Exchange Commission (SEC) has this week voted unanimously to propose amendments that would remove references to credit ratings in several rules under the Exchange Act. This is all part of the requirements contained in Dodd Frank to remove references to credit…
SIX Telekurs’ Filanowski Highlights the Biggest Data Challenges of Dodd Frank
The Dodd Frank Act contains a whole host of new and different data requirements in terms of reporting formats and potential standards, but how will all of this impact the practitioner and vendor communities directly? Reference Data Review speaks to Paul Filanowski, US product development at SIX Telekurs, about the changing US regulatory scene and how it…
Quantifi’s Latest Whitepaper Explores the Challenges in Implementing a Counterparty Risk Management Process
Quantifi, a provider of analytics, trading and risk management solutions for the global capital markets, has published a whitepaper entitled ‘Challenges in Implementing a Counterparty Risk Management Process’. The paper explores the key challenges for banks in the implementation of counterparty risk management, focusing on data and technology issues, in the context of current trends…
Will NYSE Tussle Turn NASD?
Keeping abreast of the to’ing and fro’ing between the various entities vying for control of NYSE Euronext has added a certain piquancy to simultaneously hosting a panel discussion on Optimising Latency in a Fragmented World at our Business & Technology of Low Latency Trading events this month in London and New York. Assessing the connectivity…
RBC Dexia Strengthens Client Relations in Switzerland With New Director
RBC Dexia Investor Services has appointed Corinne Vitte as director of relationship management in Switzerland, starting 2 May 2011. Vitte will further strengthen RBC Dexia’s relationships with its existing client base in Switzerland and Luxembourg, adding to the appointment of Andreas Schmid to a similar role earlier this year. She will report to Marco Siero,…
Interactive Data’s Williams Heads to Rival SIX Telekurs for Senior US Sales Role
Following the post-acquisition management shake-up at Interactive Data, former president of institutional sales Cort Williams has jumped ship to join data vendor rival SIX Telekurs as its new executive vice president for sales and business development in the Americas region. Williams, who has been with Interactive Data since 1996, will focus on direct and redistributor…