Companies Test Backup Plans, and Learn Some Lessons

By Michael Hickins, The Wall Street Journal 30 October 2012 URL: http://online.wsj.com/article/SB10001424052970204840504578089083861617790.html Natural disasters of the past few years taught companies the importance of good backup systems—but Hurricane Sandy showed many that there is still a lot to learn. The good news is that many businesses spared themselves a great deal of economic loss by keeping duplicates of … Continue reading Companies Test Backup Plans, and Learn Some Lessons

Wall Street Firms Swing Contingency Plans Into Place

By Michael Hickins, CIO Journal 29 October 2012 URL: http://blogs.wsj.com/cio/2012/10/29/wall-street-firms-swing-contingency-plans-into-place/Financial firms in the New York area have put in motion contingency plans to keep operations running despite the devastation expected from Hurricane Sandy and closed financial markets Monday and Tuesday. For some, disaster preparedness is a matter of course. NYSE/Euronext has its primary data center, a 400,000 … Continue reading Wall Street Firms Swing Contingency Plans Into Place

Same Movie, Different Market: Moving from Stocks to FX

By Tom Steinert-Threlkeld,  Traders Magazine 24 October 2012 URL: http://www.tradersmagazine.com/news/fxall-rubinow-forex-trading-110456-1.html Steve Rubinow thinks he's watching a replay. The former chief information officer for NYSE Euronext is now CIO at FXall, the supplier of an electronic platform for trading currencies. When Rubinow got to NYSE, "fragmentation" of stock markets was just beginning. Trading was dominated by the New … Continue reading Same Movie, Different Market: Moving from Stocks to FX

Why Didn’t Microsoft Add OMS Functionality to Excel?

By Phil Albinus, Advanced Trading 11  October 2012 URL: http://advancedtrading.com/ems-oms/why-didnt-microsoft-add-oms-functionalit/240008447 Walk onto any Wall Street trading floor -- once you get past security, of course -- and look around. It doesn't matter if you're perusing a buy side or sell side firm, a hedge fund or a broker-dealer, because you'll see the same thing: Rows and rows … Continue reading Why Didn’t Microsoft Add OMS Functionality to Excel?