Options Symbology Deadline Looms
Brokers, exchanges, clearing firms and vendors are working to complete an exhaustive conversion process and phase in new options symbology before the February 12 deadline.

The Perils of a Financial Services Transaction Tax
A financial transaction tax could generate $150 billion in income, but it could also hurt retail investors in the long run.

ExlService Announces Four New Services To Reduce Cost
The provider of outsourcing and transformation services said its new offerings will also help clients achieve greater operational effectiveness and efficiency.

TheMarkets.com Adds 100 Asian Brokers Contributing Research
Global research platform now has 700 brokers publishing content, quadrupling the number from one year ago.

10 Trends That Are Reshaping the Wall Street Back Office
With new regulations on the way and calls for greater scrutiny and transparency into how financial instruments are priced and cleared, the importance of a strong back office is destined to receive a lift this year. Here are 10 developments that are reshaping Wall Street’s operations departments and the technology they use.

US stocks suffer sharp sell-off
US stocks suffered their worst sell-off since April last year after disappointing unemployment data added to concerns over European sovereign debt