Trading

How institutions caught gold fever last year

Article -

Article -

ETFs that specialize in precious metals netted close to $10 billion in 2016 with much of the interest coming from institutions — not small investors.
European markets rally amid French first-round election results

Article -

Article -

European markets rallied early Monday following the first round of presidential elections in France, with money management executives largely positive on region's outlook.
Virtu Financial agrees to buy KCG Holdings

Article -

Article -

High-frequency trading firm Virtu Financial agrees to acquire securities trading company KCG Holdings for $1.4 billion, both companies announced Thursday.
Markets mixed after Theresa May announces June U.K. election

Article -

Article -

Market reaction was mixed to U.K. Prime Minister Theresa May's announcement that she would call for an early general election to take place June 8.
Research could be next for trading floor

Article -

Article -

Pending regulations and calls for fee transparency could result in research being bought and sold on an exchange.
Bond problems possible over South Africa woes

Article -

Article -

Institutional investors and money managers could become forced sellers of South African bonds, as the reality of the country's downgrade by credit rating agencies sets in.
Treasuries rally after U.S. drops huge non-nuclear bomb on IS

Article -

Article -

Treasuries rallied, reversing earlier declines, after the U.S. dropped the largest non-nuclear bomb in its arsenal on an Islamic State group target in Afghanistan.
Cybersecurity breaches cost companies billions in value; financial companies hit hardest

Article -

Article -

Publicly traded companies lost a combined $52.7 billion in shareholder value from 2013 to the first half of 2016 because of publicized cybersecurity breaches.
CME Group to close CME Europe, CME Clearing Europe by end of year

Article -

Article -

CME Group intends to close its derivatives exchange CME Europe and clearinghouse CME Clearing Europe, both based in London, by the end of the year.
SWIFT rolls out new fraud, cybercrime prevention service

Article -

Article -

SWIFT on Wednesday announced a new fraud and cybercrime prevention service for banks using its payment messaging service.
Firms already set for T+2 implementation

Article -

Article -

Most traders and market structure analysts foresee a smooth transition to a T+2 settlement cycle in the U.S., although some custody services as well as securities lending could have some difficulties ...
Managers prepare for MiFID II by shifting gears with research

Article -

Article -

New rules in Europe are forcing money management firms to scrutinize the way they pay for investment research. Some are overhauling their business models, using their own money instead of client...

Article -

Article -

James McDonald has been named director of enforcement at the Commodity Futures Trading Commission
European Commission blocks LSE and Deutsche Bourse merger over competition concerns

Article -

Article -

The European Commission has blocked the proposed merger between Deutsche Bourse and London Stock Exchange Group over concerns it would create “a de facto monopoly in the markets for clearing...
How investment managers can survive the pending regulation changes

Article -

Article -

Legacy systems in middle-office operations create challenges for smaller investment management firms.