A new trading application, smartTrade STUDIO, which is based on the Microsoft.NET framework, has been launched by smartTrade. According to the company, smartTrade collects orders from traders, sales, market participants and ECNs and routes and matches the orders according to the required business rules. The platform handles client-specific price improvements within the limits and credit checks set by the administrator of the system or the head of the desk. The firm added that its new system supports most communication protocols used by the financial industry.
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
A squeeze on skilled talent means it now takes an average of seven weeks to fill open permanent roles in finance in the UK according to new research from financial services recruitment firm Robert Half.
Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.