TRADEcho to Hit Early Next Year The London Stock Exchange Group (LSEG) and Boat Services Ltd. will be offering TRADEcho, a combination of the two vendors’ existing and complimentary trade reporting services, officials say. TRADEcho is slated to be available by the first quarter of 2017 and will offer a single trade reporting venue and… Read More >>
Are Credit Default Swaps Worse than You Thought?
A new white paper from the Office of Financial Research (OFR), a division of the U.S. Treasury Department, has found that when big banks conduct their stress tests they should be more aware of the dire consequences that indirect counterparties of credit default swaps (CDSes) can have. In fact, the new research suggests that the… Read More >>
SEC to Respond to Op Risk Woes for Private Fund Advisors
Citing the SunGard Investone pricing crisis, SEC Chair Mary Jo White is clearly interested in the operational risk issues facing private fund advisors and stress tests and more will be forthcoming from the regulator, according to a speech she gave before the Managed Funds Association’s Outlook 2015 Conference in New York on Oct. 16. The… Read More >>
