London Exchange Achieves 30 Microsecond Round-Trip Time

The London Stock Exchange Group said it had achieved 30-microsecond round-trip times for trading inside its primary data center in the City of London.

LSE Says Technology Services Revenue Up 15%

The London Stock Exchange Group said its technology services revenue in its third quarter were up 15 percent, from a year earlier, led by growth in its MillenniumIT business.

Futures Merchants Holding $166B for Customers, CFTC Says

This was approximately $13 billion (or 9 percent) in excess of the $153 billion owed to customers.

New Horizons: Target-Date Funds Get Customized

Custom target date funds are beginning to proliferate at the expense of their off-the-shelf counterparts.

Feed Handler Processes Symbols in Under 1 Microsecond

A Chicago startup is demonstrating a feed handler that can strip out stock symbols and place them into order book form for trading, in less than a millionth of a second.

Fund Transfer Instructions Being Faked, FINRA Says

FINRA has issued an alert warning investors to guard against a two-step process where “fraudsters” gain access to their email accounts and then instruct the firms involved to transfer money out of their brokerage accounts.

SEC: Latvian Trader Hijacked Brokerage Accounts in U.S.

The SEC said a trader based in Latvia broke into online brokerage accounts of customers at large U.S. broker-dealers and manipulated prices in more than 100 New York Stock Exchange and Nasdaq Stock Market securities.

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