‘TradeMark’ has been chosen as the brand name of Patsystems’ new trading solution. The platform is being developed in three phases, with full rollout scheduled for late 2004, although the current platform will be supported at least until 2005. Phase one of TradeMark, involving the core software development (order management, FIX gateways and system administration and management), was completed at the end of December 2003. Customer trials began in February, according to Patsystems.
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.