Breaking News

3 Brokers Go Live on SWIFT’s Block Trade Messaging Service

January 26, 2012 - For the past year, these firms have been working on a framework for making block trades using SWIFT’S decentralized approach to confirmation.

TRADING PACES: Interactive Brokers Segregating Customer Funds Daily

January 20, 2012 - Interactive Brokers Group, which considered buying part or all of Jon Corzine’s MF Global Holdings as it began to collapse in October, said it has begun segregating customer funds from house funds “on a daily basis.” Corzine famously told Congress "I simply do not know where the money is,’’ when asked about $1.2 billion of customer funds that went missing.

2012 TOP INTERNATIONAL OPERATIONS EXECUTIVES:
Tony Freeman Targets 2-Day Settlement

December 22, 2011 - Just how Europe will effect a shift to a two-day settlement cycle, otherwise known as T+2, is anybody's guess. But for now at least one industry player, Omgeo, appears to be committed to the cause. Taking up the charge is Tony Freeman, director of industry relations.