Tom Steinert-Threlkeld

The nation’s stock exchanges and the Financial Industry Regulatory Authority are filing proposals that will trigger halts in trading, market-wide, more quickly, the Securities and Exchange Commission said.

The Securities and Exchange Commission charged the co-founder of institutional money manager AXA Rosenberg with securities fraud for concealing an error in the computer code that helped the company manage risk for its customers and itself.

As Barings Bank, Societe Generale and now UBS have found, much to their dismay, it’s hard to stop a trader from getting out of control if he knows the inner workings of both your front office and back office.

The Securities and Exchange Commission is no longer going to be a wholesaler of publicly reported data, according to an assistant chief counsel. There will now be an 'enormous focus' on data on derivatives and other products that until now has not been otherwise available.

Most major corporations have "significant security gaps that leave sensitive board-level information open to information theft and hacking," according to the governance, risk and compliance unit of Thomson Reuters.

The commercial technology arm of NYSE Euronext said it began marketing a Windows plug-in that will deliver market data in real time to the desktop computers of traders.

The movement of credit-default and other forms of complex financial swaps into electronically managed and centrally cleared markets may be increasing rather than lowering risk, Michael Bodson, chief operating officer of Depository Trust and Clearing Corporation said Tuesday at SIBOS 2011 here.

J.P. Morgan’s Worldwide Securities Services plans to expand its direct custody and clearing business in Brazil and Russia.

UBS said it estimated it had lost $2 billion from unauthorized trading, by one trader. In connection with the case, London Police arrested a 31-year-old man, in the middle of the night.

Investment Technology Group said it is adding Japanese stocks to its POSIT dark pool. The agency broker and financial technology developer said it expected strong demand for its "liquidity aggregation" platform in Japan, following launches in Hong Kong and Australia.

Nasdaq OMX Group will be allowing institutions and other securities firms to stipulate a minimum quantity of shares that they are willing to trade on one of its exchanges.

Whether analyzing a trade before you make it or processing it afterward, Deutsche Bank says there’s an app for that.

The transmission of market data messages hit a new peak of 6.1 million messages a second Monday, as financial markets whipsawed in reaction to "news and rumors about the debt crisis in the Euro zone,'' Exegy said Tuesday.

McGraw-Hill Companies said Monday it plans to split into two companies, including one built around capital markets and featuring its Standard & Poor’s ratings business.

Instinet said it handled 43 percent more volume in the trading of stocks in the United States in August, compared to July.

Long-only institutional traders are widely worried about the impact of high-frequency trading programs on the shape of equities markets, according to a survey conducted on behalf of Liquidnet, operator of a venue for trading anonymously in large blocks of shares.

The concept release is out. And the Securities and Exchange Commission wants to know: Just how much leverage should a mutual fund have?

SS&C Technologies Holdings has completed its acquisition of BDO Simpson Xavier Fund Administration Services Limited, in Dublin, Ireland.

NYSE Euronext said it experienced huge surges in stock-trading activity on both sides of the Atlantic Ocean during August. The operator of the New York and Paris stock exchanges said it handled 2.2 million trades a day in Europe, up 70.3 percent from a year ago. This was a record, it said.

Nasdaq OMX Group said a London broker is installing software from its SMARTS subsidiary to monitor trading activity across a series of derivatives markets for potential abuses.