BGC Partners, a provider of brokerage services to wholesale fixed income, interest rate, foreign exchange and derivatives markets worldwide, has gone live with ConteX MCS, a tool for real-time price contributions. BGC is using ConteX MCS to provide a centralized output for contributions across various business areas including both swaps and derivatives. Prices are routed from BGC’s offices around the world to its market data platform in London. The information then goes to the ConteX MCS input handler and is routed to the output handler, which sends the prices to Bloomberg and also internally to the company. As BGC’s contributions business grows, ConteX MCS can expand to support multiple feeds to Bloomberg and to other providers such as Reuters.
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.