Four Wall Street Giants Invest in FTEN’s Risk Technology to Expand Turnkey Solution to Hedge Funds in Europe and Asia
Merrill Lynch, Goldman Sachs, J.P. Morgan and Credit Suisse take stakes to support multi-prime trend and multi-asset offering to hedge funds.

Fund Managers Slash Jobs as Assets Shrink
Several big U.S. asset managers are slashing jobs as the financial crisis deepens, a dramatic reversal in an industry that added record numbers of workers in recent years and showered them with lucrative rewards.

DTCC Warehouse Releases Values for WAMU
DTCC Trade Information Warehouse provides values for Washington Mutual and Icelandic banks CDS contracts.

UBS Joins DTCC Managed Accounts Service
The centralized platform is designed to automate and standardize communications among sponsors, investment managers and service providers.

NYSE Euronext Launches TradeCheck
NYSE Euronext offers a low-cost service enabling customers to evaluate equity trade execution in a range of European markets.

BNCCORP, Inc. Reports Net Income of $505 Thousand, or $0.15 Per Diluted Share, for Third Quarter