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• Friday, October 31st, 2008

Stimulus, take 2: The right way
It’s official. The economy shrunk in the third quarter. In terms of earth-shattering surprises, that should rank up there with the news that Madonna and Guy Ritchie were getting a divorce.

Tervela Offers New Integrated Options Solution
The program can be customized to meet immediate market data distribution, options market making, automated trading and co-location requirements while laying a scalable foundation for the future, Tervela says.

A painful squeeze on short sellers
Still looking for a last-minute Halloween costume to scare those trick-or-treaters knocking on your door? Just put on a suit and tie and start bashing bank stocks. Eek! A short seller!

Consumers slash spending, world markets stabilize
NEW YORK (Reuters) – Americans slashed spending and the country’s business outlook weakened but there were signs of stabilization in global markets on Friday, with interbank rates falling and U.S. stocks posting their best week in 34 years.

Credit Agricole To Implement Brokerage Compliance Market Abuse Solution
Actimize solution chosen to aid in compliance.

Strong end to a brutal month
Stocks rallied Friday, capping off a strong week at the end of one of the worst months in Wall Street history.

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.

Airlines seen facing winter survival battle
PARIS (Reuters) – European airlines face a cut-throat battle to survive the winter as recession threatens the recipe many have used to ride out a spike in oil prices — sharing the pain with consumers by slapping on fuel surcharges.

Pension Dynamics Selects ASI Portfolio Forecaster
Pension makes ASI Portfolio Forecaster available to 401k plan participants.

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

Category: Trading News
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