Fiduciary Standard for Brokers Backed by SEC Advisory Panel
Investment brokers advising retail customers would face a standard requiring them to recommend products in the best interest of clients under a proposal from a U.S. Securities and Exchange Commission advisory panel.
TRADERS ON THE MOVE: Ex-Pipeline CEO Selling Data Security
Fred Federspiel has landed. Also, check out the movement among the Boston buyside. Plus, see which ex-Liquidnet staffer is betting on social media.
TRADERS VIDEO: Wall Street Women 2013 – Lifetime Achievement Winner Elaine Kaven
The recipient of the Wall Street Women 2013 Lifetime Achievement Award discusses her experience in the global capital markets, her responsibilities as a compliance officer and the best piece of advice she ever received.
Buyside Can Now Grade Its Brokers Via Instinet Platform
The buyside can now grade the performance of its brokers, evaluating how the services they provide-such as research, management access or execution-stand up to one another.
U.S. Bancorp to Buy Irish Hedge Fund Administrator
U.S. Bancorp Fund Services is looking to expand its alternative investment servicing business in Europe.
FX REPORT: Brokers Take Steps to Combat HFT
A sharp rise in the use of high-frequency trading strategies in the foreign-exchange market is causing consternation among money managers and brokers, and trading venue operators are taking steps to calm their fears.
Madoff Said We All Know What We Do Here, Ex-Worker Testifies
Bernard L. Madoffs ex-controller told a jury the con man held a meeting of his inner circle in 2005 to discuss ways to hide mounting losses in his legitimate broker-dealer unit, saying, We all know what we do here.
KCG Chasing Bigger Slice of Algo Business
KCG Holdings, relatively strong on the high-touch side, is looking to become a bigger player in the electronic execution business, according to CEO Daniel Coleman.
TECH TUESDAY Q&A: Redis Rishi Nagalia Discusses Merging the OMS and EMS
Rishi Nangalia, Redis chief executive officer, sat down with Traders Magazine to discuss the benefits of a combined order and execution management system.
TECH TUESDAY: Tabb Unveils Data and Analytics Research Practice
Given the increased complexity of trading and reliance on research and data, Wall Street consultancy and news aggregator Tabb Group announced it has formed a new Data and Analytics (DnA) research practice.
