Businessman hand touching ACQUISITION word on virtual screen

GFI Shareholders Reject CME Takeover Offer

Shareholders at interdealer broker GFI Group rejected a takeover bid by trading exchange giant CME Group on Friday, Jan. 30, a move that could clear the way for interdealer broker BGC Partners’ rival offer and prove to be a turning...
Signing contract

CFTC Commissioner Blasts Swaps Trading Rules

CFTC Commissioner J. Christopher “Chris” Giancarlo fired a shot across his regulatory agency’s bow on Thursday, criticizing the CFTC’s handling of swaps trading rules and proposing a “smarter and more flexible swaps regulatory approach,” in a white paper and subsequent...
2 Multi-Ethnic Businessmen Shaking Hands Indoors With City As A

GMEX Tech Expands Wares via Stake in Avenir

Global Markets Exchange Group International, a group of companies offering exchange services and support, has taken “a strategic stake” via its GMEX Technologies Ltd. (GMEX Tech) subsidiary in Avenir Technology Ltd., an English vendor providing post-trade software. The inclusion of...
swift

SWIFT’s New CTO & COO Taking Over for Retiring CIO

Financial messaging and services cooperative SWIFT has hired a Verizon veteran Craig Young to be its new chief technology officer (CTO) and appointed SWIFT executive Marcel Bronmans as chief operations officer (COO), following a reorganization of the IT and operations...
violation of stability of dollar's course illustration

How Much Skin Should You Put in the CCP Game?

Two new high-profile contributions to the debate over how to handle central counterparty (CCP) clearinghouse default risks reveal how far apart CCPs and their members remain on the issue of how much money each side should be responsible for, underscoring the fact that...
Ops

Blue River Partners Hires CFO, Managing Director

After a year of growth, compliance and administrative services provider Blue River Partners is preparing for the future via adding executive staff, the launch of a new service offering, and internal promotions, officials say. Last year “was a phenomenal year...
Tim Lind on T+2 and Wall Street Fines

Tim Lind on T+2 and Wall Street Fines

As the blizzard bears down on the Northeast, I had the time to review the additional comments from Tim Lind, the global head of financial regulatory solutions at Thomson Reuters.

He talked to me last month about his major predictions for 2015 and his main concern was the Legal Entity Identifier standard. Yet the interview also touched on some key perspectives he has on shorter settlement cycles and the fines imposed on Wall Street firms.

Wall Street Snowstorm 480x310

Exchanges Buck the Weather Forecasts and Stay Open

Securities exchanges either based in New York City or with major subsidiaries there stayed opened during a snowstorm that was forecast to have dire consequences but proved to be more harmful to Long Island and the Boston metropolitan area. As...
Scientific data

LEI Group Launches Website

The Global Legal Entity Identifier Foundation (GLEIF) has officially launched its website, a move the organization calls in a statement “an important milestone in the establishment of the Legal Entity Identifier (LEI) as a key component for a global entity...

Upcoming Events View All

  • Collateral Management for the Buy-Side

    With increased margin requirements and liquidity ratios, collateral management continues to become more and more important to buy-side managers. But is it up to the back office or front to manage it?

  • Perfecting Multi-Asset-Class Attribution

    As investment strategies move towards multi-asset classes, performance measurement analytics must evolve proper attribution models to accurately reflect the behavior of the portfolio. But essential to reflecting that behavior is understanding the priorities of the portfolio manager.

  • Performance Measurement New York 2015

    Join FTF for our annual performance measurement conference, discussing everything from GIPS and global client reporting standards, methods in fixed income attribution, measuring the performance of composites, and more.

  • DerivOps North America 2015

    Join DerivOps North America for a two-day, in-depth conference on all things derivatives operations. Combining our annual Chicago and New York event as well as our premier collateral management conference, DerivOps North America puts all the information you need to know in one place.

  • SecOps USA 2015

    This two-day conference will cover all things securities operations with separate streams covering reconciliations, corporate actions, and buy-side operations, including discussions on industry standards, STP, automation and more.

Upcoming Training View All

Minding the Gap View All

Eugene Grygo

Bridging the divide between the official story and what is really happening.

  • Tim Lind on T+2 and Wall Street Fines

    As the blizzard bears down on the Northeast, I had the time to review the additional comments from Tim Lind, the global head of financial regulatory solutions at Thomson Reuters. He talked to me last month about his major predictions…
  • Can Good Come from the Sins of Wall Street?

    Thanks to the fines imposed upon Wall Street and insurance firms for their sins during the Great Recession, the New York State government has a $5.1 billion surplus for fiscal year 2016. New York Gov. Andrew Cuomo and other politicians…

Latest News View All

  • GFI Shareholders Reject CME Takeover Offer

    Shareholders at interdealer broker GFI Group rejected a takeover bid by trading exchange giant CME Group on Friday, Jan. 30, a move that could clear the way for interdealer broker BGC Partners’ rival offer and prove to be a turning…
  • CFTC Commissioner Blasts Swaps Trading Rules

    CFTC Commissioner J. Christopher “Chris” Giancarlo fired a shot across his regulatory agency’s bow on Thursday, criticizing the CFTC’s handling of swaps trading rules and proposing a “smarter and more flexible swaps regulatory approach,” in a white paper and subsequent…
  • New Chief Revenue Officer for Compliance Science

    Governance, risk management and compliance vendor Compliance Science has added a new chief revenue officer (CRO) and moved to a bigger office, following “the rapid expansion of Compliance Science’s market share … resulting from insider trading concerns continuing to proliferate”…
  • Scivantage Adds Two EVPs

    FinTech vendor Scivantage has appointed Amit Basu as executive vice president (EVP) for professional services and delivery, and Alex Sauickie as EVP for business and technology operations, officials say. The move comes as Scivantage nears its 15th  anniversary. “This is…

Latest Opinion View All

  • Can Good Come from the Sins of Wall Street?

    Fri, 23 Jan 2015 15:44:08 +0000

    January 20, 2015 by Eugene Grygo (Contribution from Minding the Gap, a blog by FTF News editor, Eugene Grygo.) Thanks to the fines imposed upon Wall Street and insurance firms for their sins during the Great Recession, the New York State … Continue reading
  • How to Retain and Promote Female Talent

    Wed, 07 Jan 2015 19:11:29 +0000

    Guest Contributor:  Jessica Titlebaum, WILD Co-Founder My mentor once said that results are not exclusive to gender.  While this is true, it’s also important to remember that gender may produce different results.   According to Catalyst, there is a correlation between women … Continue reading
  • Happy Holidays from FTF!

    Wed, 24 Dec 2014 14:00:00 +0000

  • FTF News Video: What Keeps Raymond James’ Cybersecurity Chief Up at Night?

    Mon, 22 Dec 2014 20:29:42 +0000

    Andy Zolper, senior vice president and chief IT security officer at Raymond James Financial, tells FTF News about the potential threats that keep him up at night. Focusing on the emerging best practices that enable firms to protect against cyber … Continue reading