Hurricane Sandy has closed all equity and options exchange trading in the U.S. for Monday, Oct. 29 as the massive, life-threatening storm batters the East Coast of the U.S. The regulators and exchanges have not yet decided whether to resume trading on Tuesday. In a related move, the CME Group will be closing its U.S…. Read More >>
NYC Loses 1,200 Jobs in 2012 as SIFMA and ICAP Add Staff
NYC Loses 1,200 Securities Industry Jobs in 2012 Job cuts in the securities industry for New York City are likely to continue through the rest of this year, and 1,200 jobs have already been lost, according to a report from the state of New York’s Office of the Comptroller (OSC), headed by Thomas P. DiNapoli…. Read More >>
The SIFMA News Wrap
The running theme for key vendors participating in last week’s SIFMA Tech Leaders Forum and Expo in New York was operational efficiency for middle- and back-office functions. Providers such as Goldensource, SimCorp, SmartStream and Empaxis are targeting firms that need to keep up with regulators, new data management demands, over-the-counter (OTC) derivatives reforms, and the… Read More >>
SIFMA Moment: Ari Fleischer on Romney & Regulations
If Republican presidential candidate Mitt Romney wins the White House, his administration may take “a market-based approach” toward the regulations to come via the Dodd-Frank Act, says Ari Fleischer, ex-White House press secretary and political analyst for CNN. Yet Fleischer never mentioned in his analysis yesterday at the SIFMA Tech Leaders Forum and Expo the… Read More >>
A Bit of Shameless Self-Promotion
Please indulge me for a moment as I feel like a proud parent. We are about to debut the second print edition of FTF News at the SIFMA Tech Leaders Forum and Expo 2012, June 19-21, in New York. We have been working very hard on this edition, which will be available throughout the summer,… Read More >>