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Is a mutual fund company responsible for the statements made in a prospectus for one of its funds? Is the manager of the fund? Possibly not, in either case.
June 21 -
Lightspeed Financial said it acquired the Irish operations of Lime Brokerage International.
June 20 -
Broadridge Financial Solutions said it is beginning to supply post-trade processing services to prime brokers and investment banks.
June 20 -
Citigroup has completed an "extensive upgrade" of its electronic trading infrastructure and now says it is providing institutional clients with continuous, 24-hour access to global markets.
June 17 -
Average daily volume in stock trading is averaging 7.6 billion shares this year, according to a rundown of statistics at the market structure panel run Tuesday by Richard Repetto of Sandler O'Neill, the respected industry analyst. Once upon a time, they would call this a doldrum.
June 16 -
Portware said it is working with Thomson Reuters to create a broad range of trading services, available globally on-demand.
June 15 -
Orange Business Services said it launched an online store for selling applications that can run on its intelligent trading turret devices. The apps will run on its Open Trade smart turret, introduced in 2010 and intended to be used as a personal trading assistant.''
June 15 -
Fixnetix said it had developed a microchip that achieves "wire-to-wire" execution of trading instructions in less than one microsecond.
June 14 -
The trading capital of Connecticut is now all up in arms, it seems, because UBS is talking about moving out.
June 13 -
Tradeweb said it added high-yield bonds to its European credit trading platform. The addition of high-yield bonds was intended to help asset managers "to enhance portfolio returns,'' in a period of low interest rates.
June 13 -
SS&C Technologies said it launched a self-service portal for fund services, online.
June 10 -
A software tools company and a maker of high-performance servers said they set a new record in the speed of pricing options contracts.
June 9 -
With stock trading, there seems to be an app, of course, for just about anything. Here are some of the best ones out there today.
June 9 -
Rule changes brought on by the Dodd-Frank Wall Street Reform Act are expected to produce the most change in the way trading in contracts involving interest-rate commitments.
June 8 -
Trading volumes in both derivative securities such as futures and options, as well as basic stocks, were more than 20 percent below year-ago levels in May for NYSE Euronext.
June 8 -
As many as four additional financial services firms may join the domestic bid to take over Canada's TMX Group, operators of the Toronto and Montreal Exchanges.
June 7 -
BNY Mellon said that it had begun expanding its middle office outsourcing service for hedge funds to North America and Asia.
June 7 -
A former employee pleaded guilty Monday in federal court to helping Bernie Madoff create false records for investors.
June 7 -
Patsystems said it added London to its network of trading and risk management hubs for futures.
June 6 -
Cinnober Financial Technology introduced a trading system that it said performs "door to door" matching of orders in under 10 millionths of a second.
June 6