A Japanese regional bank, FFG Asset Management, is moving to “no touch” post-trade processing for equities and fixed income transactions via the services of the Institutional Trade Processing (ITP) suite from the Depository Trust & Clearing Corp. (DTCC). FFG AM, based in Fukuoka, reports that it has selected DTCC’s CTM for the centralized matching of… Read More >>
Why Did the Tokyo Stock Exchange Halt Trading?
In a bid to honor the fading art of the follow-up story, I have been rooting around to find out what has happened to the Tokyo Stock Exchange (TSE) since its systems outage earlier this month. To remind you, the TSE had an unprecedented halt to trading for a full day on Oct. 1, but… Read More >>
Hardware Glitches Halt TSE Trading for a Day
Tokyo Stock Exchange Said to Relaunch Oct. 2 The Tokyo Stock Exchange (TSE) is slated to resume trading on Friday, Oct. 2, after an unprecedented halt to trading for a full day because of hardware glitches that prevented the distribution of market data, according to TSE officials. “Currently, the Tokyo Stock Exchange is proceeding… Read More >>
Regulators Stress Money Laundering Systems as SWIFT Lines Up Heavy Hitters for KYC Registry
Regulators Putting Too Much Stress on Money Laundering Systems: SWIFT Panelist The “very hot” issue of money laundering has captured the attention of the SEC and FINRA, among other regulators and they making having anti-money laundering (AML) systems in place such a high priority that “everything leads to money laundering” for them, says a panelist… Read More >>
