Jerome Kerviel, the trader who allegedly lost Societe Generale nearly 5.0 million euros, went on trial in Paris on Tuesday, June 8th. The bank alleges that Kerviel took "massive fraudulent directional positions" in 2007 and 2008, which...
The challenge match2blue faced… they needed to scale their existing location-aware social networking platform with an event-driven architecture that could support millions of users. They accomplished this by using Progress® Apama®...
Today’s insider trading cases acquittals in London are a big blow to the FSA, but their ability to detect and prosecute these market abusers cannot be overlooked. Without the technology to detect the trading anomalies, alleged white collar criminals cannot be prosecuted in the first...
It seems that we’re finally making some progress on making the financial markets function more safely.
After the “flash-crash” of 6 May, US equity market operators have agreed to bring in coordinated circuit-breakers to avoid a repeat of this extreme event. There is widespread agreement...
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