trading

Equifax’s Historic Hack May Have Exposed Almost Half of U.S.

Equifax’s Historic Hack May Have Exposed Almost Half of U.S.

Hackers exploited a website application to access names, addresses, Social Security numbers and some driver’s license numbers of potentially 143 million consumers, Equifax said Thursday in a statement. The incident — which drove down shares in after-hours trading — is a stark reminder of the risk of consumers’ personal data being exposed online, security experts »

Luxoft acquires derivIT,  Singapore-based IT consultancy and Murex partner

DerivIT has been a partner of Murex, the leading trading and risk systems provider, since 2008, and provides installation and testing services to Murex customers in the APAC region. Group managing director and global head of Excelian, Luxoft’s financial services division, Roman Trakhtenberg, said: “We are excited to join forces with derivIT and continue to »

Implementation Of MiFID II Testing Requirements

Implementation Of MiFID II Testing Requirements

Article by Matthias Burghardt, Head of Xitaro Exchange System Development, Boerse Stuttgart Boerse Stuttgart is approaching the last quarter of a two-year Markets in Financial Instruments Directive (MiFID) II project which is dominated by development and testing activities. MiFID II requires trading venues and investment firms to implement substantial changes in existing processes and technology. »

Apple, Google drop trading apps after Australian intervention

The country’s securities regulator said it made the request to Apple and Google after numerous cases of fraud involving unlicensed operators of the apps, which encourage consumers to make bets on whether instruments like shares or currencies will rise or fall. While some are legitimate operations, there has been an explosion in unlicensed products operating »

FCA gives green light to the cloud

The FCA has published a paper on guidance for cloud outsourcing. The regulator has confirmed that it does not see any fundamental reason why cloud services cannot be implemented, as long as they are given: “Appropriate consideration, in a manner that complies with our rules.” According to the FCA, a lack of oversight over outsourced »

Perfecto raises $35m to grow product range

Perfecto Mobile, The Boston-based provider of testing services for mobile app developers, has raised $35 million that it will use to expand its products and build out its sales staff. The investment comes from Technology Crossover Ventures along with existing Perfecto investors FTV Capital, Carmel Ventures, Globespan Capital Partners and Vertex Ventures. In particular, Perfecto »