T H E D EFI NITIVE SOUR C E FO R TR AD I NG N E WS
VOL XLV ISSUE 13 18 – 24 APR 2013 www.wallstreetletter.com
IN THIS ISSUE l News People moves 04 Reader poll 08 l Feature Collateral challenge 09 l Focus Fee chart 10
MORE NEWS INSIDE
TOP STORY
OpenGamma expanding business
The open-source trading platform is expanding its risk analytics platform, according to recently appointed CEO Mas Nakachi TURN TO PAGE 04
BondDesk to expand fixed income data feeds
uses TRACE bond data to show similar bonds that were recently BondDesk Group is looking priced – about as close to realat expanding its fixed income time data as most bonds can data feeds, according to Eric have, Soderberg said. Soderberg, chief marketing The data feeds being considered officer. The New York-based by BondDesk will be provided bond broker and alternative as part of an ongoing effort to trading system operator is provide better pricing confidence considering how it can expand to investors, Soderberg said. An its corporate and municipal announcement will likely be made bond data feeds, Soderberg said in the coming months, he added. in an interview. Demand for such a service The matching platform is does exist, according to Aite looking at how to further distill Group analyst Howard Tai, transaction data from its bond but Tai said the data could ATS into data feeds similar to the also potentially have a TURN US Treasury pricing feed Nasdaq detrimental effect on TO PAGE plans to offer in partnership with how these securities BondDesk. The Nasdaq feed are traded. 03
BY RYAN GORMAN
Broadway Tech growing headcount
The New York-based technology vendor is looking to grow its head count by as much as 30% TURN TO PAGE 07
PLUS
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Collateral challenge
Omgeo’s Ted Leveroni explains why automating collateral management is good for the markets
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V I S I T WA L L S T R E E T L E T T E R . C O M F O R U P - TO - T H E - M I N U T E I N V E S T M E N T N E W S
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