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NYSE Euronext said its trading in derivatives has plunged 21.4 percent in one year, worldwide and its trading in U.S. stocks is also down 21 percent. And its trading in NYSE listed stocks now is less than half of what it was in 2009, at the height of the credit crisis.

J.P. Morgan Worldwide Securities Services has hired Stephanie Miller as Global Head of the Alternative Investment Services business.

PIMCO’s All Asset All Authority institutional fund received a Gold rating this week from Morningstar Analyst Ratings—the only fund to do so this week.

Here’s an interactive slide show detailing nine ways advisors can keep their clients from overspending throughout their retirements.

“Does Europe need some ‘austerity austerity?’” observes J.P. Morgan Funds’ Market Strategist Andrew Goldberg. Goldberg’s question is economic but also political. The EU often seems focused on added austerity as the best route out of its continuing sovereign debt crisis, but this itself is a policy decision, and one increasingly contested in struggling peripheral countries.

The Dow Jones Industrial Average rallied up 70.61 points to 12,907.94 Thursday on reports that Greece has all-but-resolved some of its lingering issues with private creditors to ensure the country avoids a disorderly default.

Exchange-traded fund sponsor WisdomTree has launched a corporate bond ETF covering emerging market issuers across Asia, Latin America, Eastern Europe, Africa and the Middle East.

Market volatility severely curtailed revenue growth among asset managers in 2011, while independent managers continued to outperform management subsidiaries, according to a study released by consulting firm Casey, Quirk & Associates LLC.

This week, IRA expert Ed Slott tackles questions about transferring 401(k)s to Roth IRAs and how investors can avoid early distribution penalties.

In the search for yield, mid-cap stocks are often overlooked as an option. But the companies often have more room to grow than large caps, and many are “appealing takeover candidates” to boot, says Esther Kwon, equity analyst with S&P Capital IQ.