Maisonneuve Founds Financial Consulting Firm Virginie Maisonneuve, a former chief investment officer for equities at PIMCO, as the Pacific Investment Management Company is known, has founded Maisonneuve Global Advisors (MGA), where she is managing director. Maisonneuve is also a director at London-based Notting Hill Digital, which specializes in advising companies about Internet technologies, and is… Read More >>
Obama Announces Nominees for SEC Commissioners
The SEC may have a full slate of commissioners by the end of the year as the Obama administration has put forth two nominees — one to fill a current vacancy and another to step in for Commissioner Luis A. Aguilar, who completed his term this year. Aguilar has been serving since 2008 when he… Read More >>
Liquid Holdings Faces Nasdaq Delisting
Cloud-based investment management solutions vendor Liquid Holdings Group, Inc. (Nasdaq: LIQD) is facing a delisting from the Nasdaq Stock Market because it allegedly fails to consistently file reports with the SEC, say Liquid officials. The company has gotten a reprieve by requesting a hearing before Nasdaq to challenge its delisting but that only lasts until… Read More >>
Eze EMS Upgrade Has New Support for Nasdaq’s ACT
Targeting the sell side, fintech provider Eze Software Group is including new support for Nasdaq’s Automated Confirmation of Transactions (ACT) system for over-the-counter (OTC) trades in the Eze Software EMS (RealTick), 11.4 release, the latest update of the execution management system, officials say. ACT, also known as the ACT Service, is a system that enables… Read More >>
Nasdaq Launches Energy Derivatives Marketplace
The U.S.-based Nasdaq Futures, Inc. (NFX), an energy derivatives trading platform, has launched today, according to Nasdaq. The platform will start off by offering futures and options on oil, natural gas and U.S. power benchmarks, with a fee holiday for the first nine months of trading, officials say. All products will be cleared though the… Read More >>
Nasdaq Launches Data Centers in Ontario
Nasdaq’s Directors Desk corporate governance offering will be expanding its presence in the Canadian market, with the opening of two new data centers in Ontario, officials say. Nasdaq expects the move will enable it “to more effectively service clients,” according to a company statement. Just like Nasdaq’s servers in the U.S. and Sweden, the Canadian… Read More >>
Nasdaq Embraces a Disruptive Blockchain Initiative
The Nasdaq Stock Market has announced it will soon use blockchain technology – the decentralized ledger system that powers cryptocurrencies like Bitcoin – to facilitate the management of a special private equity securities service, the latest indication that the hype surrounding blockchain isn’t all hot air. Interestingly, centralized exchanges like Nasdaq have long been identified… Read More >>
Bats Picks Concannon to be Its New President
Bats Global Markets has named a former Nasdaq Stock Market executive vice president, Chris Concannon, to be its next president, officials say. He takes on the post after his predecessor had a controversial exit in July. Most recently, Concannon was the president and chief operating officer (COO) of electronic market maker Virtu Financial, officials say…. Read More >>
Financial Technologies Forum to Ring NASDAQ Bell
Subscribers to FTF News and attendees of FTF’s events already know the company has its finger on the pulse of the post-trade processing realm of securities trading. But tomorrow morning the founder and CEO of FTF will literally take the markets by the hand as Maureen Lowe rings the NASDAQ opening bell. On Thursday, Sept…. Read More >>
Nasdaq Exec Moves to ConvergEx as Rick McCarthy Heads Buy-Side Sales at Misys
Nasdaq Exec Takes Top Post at ConvergEx Group A former senior executive at Nasdaq OMX, Eric W. Noll is the new president of ConvergEx Group, which offers brokerage and trading‐related services, officials say. Noll will also be taking on the role of CEO by the end of this year, succeeding Joseph M. Velli, the incumbent… Read More >>
