UBS Securities, a subsidiary of the world’s largest private bank, is in trouble with FINRA, the brokerage industry’s self-regulatory organization (SRO). It’s not the first time. From the regulatory authority’s customary Letter of Acceptance, Waiver and Consent (AWC), FINRA alleges: “From September 2015 through January 2019, UBS-S published inaccurate monthly statistics regarding execution of covered… Read More >>
UBS Securities to Deploy Risk and Surveillance Platform
UBS Securities has begun to implement a risk and surveillance platform that will centralize the viewing of trading, operations, compliance and risk management information. The firm is deploying the Validus platform from Eventus Systems, an Austin, Texas-based software provider that offers solutions for processing and analyzing data across an organization. “Implementation of Validus has just started,”… Read More >>
Borsa İstanbul Picks Orc for Connectivity
Orc, a specialist in electronic trading technology for listed derivatives, reports that its interface with Turkey’s Borsa İstanbul now “enables quoting and trading” for all Orc clients on the exchange that are using the Orc Execution Bricks or the Orc Trading Bricks platforms. “Turkey is becoming an increasingly attractive market, with a steady rise in… Read More >>
