In this contributed article, guest commentator Patrick Flannery discusses how for the broker-dealers, the Consolidated Audit Trail (CAT) may seem to be another weighty technical challenge, whose cost and implementation challenges will fall disproportionately on their shoulders (and their budgets).
Former chairs of the Securities and Exchange Commission say that Congresss delays in approving full-year spending year after year have hurt the agencys ability to hire top talent.
A look at the week's most significant job moves, promotions and departures around the Wall Street trading community.
Mandelzis co-founded Traiana back in 2000, a business ICAP acquired in 2007.
Commissioner Scott O'Malia of the Commodity Futures Trading Commission (CFTC) is on a mission. He says the process of writing new over-the-counter derivative contract rules needs more transparency. Over the past year he has repeatedly called for more roundtables and public comment on how rules are written. Why is this important? Because these rules, among other things, will determine which OTC derivative contracts must go through a clearing process and which ones can continue to use the old bilateral, dealer-to-dealer model.
Today's traders must manage their emotions in order to reach peak performance.
Instinet Promotes Kellner to CEO
The Second-Term Mandate: A Q&A with Patrick Armstrong
Traders assembled a deep bench of judges to select the top U.S. universities that produce the most impressive candidates each year in the field of trading.
A look at the financial industry's prominent hires, promotions and other notable happenings inside Wall Street's trading community.