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  • Bank Of America Merrill Lynch Enhances Core Algorithms

    Date 10/09/2009

    Bank of America Merrill Lynch today announced important new enhancements to the company's algorithmic trading suite, designed to deliver improved execution performance. The changes are part of the team's ongoing efforts to optimize strategies for clients, and were powered by the quantitative data and skill sets created by the combined Bank of America Merrill Lynch algorithmic trading platform.

  • Fidessa Expands Latin American Reach With Leading Mexican Broker Finamex

    Date 10/09/2009

    Fidessa group plc (LSE:FDSA), provider of the award-winning multi-asset trading, portfolio analysis, compliance, market data and global connectivity solutions for the buy-side and sell-side, today announced it has expanded its Latin American reach with the addition of Casa de Bolsa Finamex, S.A. Bursatil de C.V. (Finamex), a leading Mexican broker, to its FIX connectivity network.

  • Secretary Of The Treasury Timothy F. Geithner Written Testimony Before The Congressional Oversight Panel

    Date 10/09/2009

    Chair Warren, Representative Hensarling, members Neiman, Silvers and Atkins, thank you for the opportunity to testify today. Mr. Atkins, the last time I appeared before this panel you had not yet joined, so let me first say welcome and thank you for your continued public service.

  • CFTC Chairman Gary Gensler Announces The Appointment Of Steven Schoenfeld As Director Of Division Of Market Oversight

    Date 10/09/2009

    The Commodity Futures Trading Commission (CFTC) today announced the appointment of Steven Schoenfeld to serve as Director of the Division of Market Oversight.

  • CME Group Announces The Launch Of New Electricity Swaps Contracts

    Date 10/09/2009

    CME Group, the world's largest and most diverse derivatives marketplace, today announced the launch of trading and clearing services for 18 new ERCOT and PJM peak and off-peak futures and options contracts. Trading will be available on the New York trading floor and clearing services will be available through CME ClearPort(R), a set of flexible clearing services open to over-the-counter (OTC) market participants to substantially mitigate counterparty risk and provide neutral settlement