Technology is certainly not only enabling the requirements of transparency, it is also leveling the field as far as investors are concerned, making broker-shopping easy, argues Irene Aldridge.
If you could vote, would you vote to approve IEX as a new public stock exchange?
Facing bad revenue reports, the investment giant is set to reduce headcount on its fixed income trading desks in new York and London this week.
Abbott, who joined the bank in 2013 from Renaissance Capital, is moving to a role outside investment banking, according to news reports.
Less than 48 hours after Donald Trump locked up the Republican presidential nomination with a primary win in Indiana, Steven Mnuchin, a second-generation alumnus of Goldman Sachs Group Inc., threw his weight, and connections, behind him.
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.