Tuesday, April 20, 2021

Madoff Closure Disrupts Trading

Madoff Closure Disrupts Trading
The abrupt closure last month of Bernard L. Madoff Investment Securities, charged with running a Ponzi scheme, left some of its retail broker-dealer customers with losses and proved a windfall for the wholesaler's competitors.

Buyside Frets Over Sellside Cutbacks, Tabb Reports

Buyside Frets Over Sellside Cutbacks, Tabb Reports
Traders at money management shops are worried about a decline in the quality of the services they receive from their brokers as they dole out less in commissions, according to a recent report from Tabb Group.

NYSE Draws Users Ire With Fee Increases, Patent Charge Proposal

NYSE Draws Users Ire With Fee Increases, Patent Charge Proposal
Intercontinental Exchange Inc., owner of the New York Stock Exchange and some of the worlds biggest derivatives markets, is setting up a clash with customers with its plan to generate income by licensing patents and boosting market-data fees.

State Streets GX PE Index Sees 350BPS Y2Y Increase in Private Equity Returns

State Streets GX PE Index Sees 350BPS Y2Y Increase in Private Equity Returns
The State Street Global Exchange Private Equity Index (GXPEI) ended 2016 with a moderate quarterly performance, posting an overall gain of 2.58 percent in the fourth quarter, a slight decrease from the 3.8 percent return in Q3 2016.

Cover Story Part 2: The Big Impact

Cover Story Part 2: The Big Impact
This continuation of Traders Magazine's October cover story examines how the importance of exchange-traded funds is growing as their assets continue to soar. Bank of New York Mellon has predicted that ETF assets will double to $2 trillion by the end of 2015.

ITG’s OMS Goes Online

ITG’s OMS Goes Online
Agency-broker ITG has put its order management system online.

TRADERS ON THE MOVE: IFS Securities Hires Equity Trading Head, SEC’s Burns Joins Law Firm

TRADERS ON THE MOVE: IFS Securities Hires Equity Trading Head, SEC’s Burns Joins Law Firm
Atlanta-based IFS Securities hires Daniel Padilla as its new head of institutional equity trading and a former SEC deputy director moves to the private sector. See the other notable career moves in this week's Traders On the Move.

Liquidnet Purchases OTAS Technologies in Trading Platform Boost

Liquidnet Purchases OTAS Technologies in Trading Platform Boost
Block trading venue Liquidnet announced its acquisition of OTAS Technologies - an analytics platform that delivers actionable market intelligence and context directly to institutional traders and portfolio managers.

Tradewind Launches Digital Gold Market

Tradewind Launches Digital Gold Market
Tradewind has launched a new digital gold platform that combines exchange technology with VaultChain - a tailored blockchain application - that is expected to revolutionize the trading, settlement, and ownership of physical gold

Working With Emerging Brokers

Working With Emerging Brokers
As pension funds move to use the services of minority and woman-owned brokerages, the buyside must move beyond the old-boy network of firms to include emerging brokers.

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