In a world where the minute, second and even millisecond that you pull the trading trigger can materially affect the return you get, managers of mutual funds too often are slow to buy when prices are rising and too fast when prices are dropping.

The National Securities Clearing Corp. has developed a new automated service for clearing brokers to establish, monitor and update their relationships with broker-dealers for qualified special representative (QSR) and correspondent clearing transactions.

Schwab Advisor Services this week introduced a new software application called LaserApp that lets advisors automatically load new client data onto 80 different Schwab forms.

The Fidelity tech team has come up with a new way to help prevent independent financial advisors from enjoying their vacations

Morningstar has added sophisticated asset allocation and forecasting functionality to Morningstar Direct, its investment analysis platform for institutional investors.

The tech team at Fidelity Institutional Wealth Services has come up with a new way to help prevent independent financial advisors from enjoying their vacations: a new smartphone app that allows them to open client accounts and do electronic trading for clients from anywhere.

The new route will lower trading speeds between those two cities and also allow banks, hedge funds, brokers and other financial services institutions to execute trades faster with exchanges in Zurich, Milan, New York and Chicago that are also connected to the Level 3 network.

Many consumers don't know what near-field communication is, but the services the technology enables are becoming quite popular. That puts an onus on mobile payments projects that use NFC to move beyond disputes over revenue and other issues.

SIX Swiss Exchange and Liquidnet said Thursday they had launched a trading platform that will allow global financial institutions to draw on five previously untapped European markets in finding buyers or sellers.

The New York-based independent broker-dealer wanted something homegrown and less convoluted compared with some of the other social media systems it had explored.

Yes, the 34,000 customer records lost last month by Morgan Stanley Smith Barney is a shadow of the 100 million customers affected by the repeated break-ins to the Sony Playstation Network this year.

The Technical Committee of the International Organization of Securities Commissions Wednesday published a Consultation Report aimed at developing recommendations to mitigate risks posed to the financial system by technological developments, such as high frequency trading.

Morgan Stanley Smith Barney is warning 34,000 of its investors to be on alert after CD-ROMs carrying their personal data disappeared when they were mailed to a state government office.

Deutsche Boerse said it completed the move of its Xetra electronic stock trading market to a new data center.

TS-Associates said its software for precisely measuring the performance of high-speed messaging systems now can run on the Microsoft Windows operating system and can directly access stored data, to speed up calculations.

American Express Co. has added a cardholder perk designed to make spending on its cards worthwhile for a broad swath of small business owners: advertising credits on Facebook.

The world’s top foreign exchange dealers are working on an industry-wide initiative to reduce the risk of a Flash Crash hitting the global currency markets.

The London Stock Exchange late Wednesday pulled out of its $3.5 billion merger with Canada’s TMX Group leaving the door open for a possible hostile takeover from Maple Group.

Data giant Thomson Reuters has teamed up with real-time systems monitoring provider ITRS to allow financial firms to keep track of the performance and speed of Thomson Reuters’ market data platforms.

Courting high frequency traders, the London Stock Exchange is allowing non-members a direct connection to its electronic order books with some exchange controls.