Bank of America Merrill Lynch sustained a loss of nearly $10 million on Friday due to an "operational error" in handling of stock option trades known as dividend trades by the company's Merrill Pro unit, the Wall Street Journal reported on
A hacking group has claimed responsibility for the attacks claiming they were motivated by the anti-Islamic video, but senior officials claim these attacks have been ongoing and include more than just banks:
Morgan Stanley Smith Barney is giving several thousand of its support staff bonuses as high as $5,000 each to thank them for helping the brokerage through its recent technology integration, sources familiar with the matter said.
The Dodd-Frank Act also requires that recordings have enough context and detail to truly understand the interaction that took place. In order to reliably detect rare events in such a large volume of interactions, an extremely accurate and complete method
According to the CEB TowerGroup report, “Portfolio Management Systems Technology Analysis” is tailored to reflect the needs of the end-user to diagnose the technology attributes particular to a firm, and to identify vendor products that align
Allston Trading has announced that it has appointed industry veteran Raj Mahajan, 39, as Chief Executive Officer.