Knight Capital
Top 10 op risks 2018: unauthorised trading
Banks say threat from rogue algos outstrips that of human traders
Software risk is only part of the stability problem
Authors of their own destruction
Nasdaq failure underlines worries over infrastructure resilience
The loss of service at one of the biggest US exchanges emphasises the risk of a failure at key service providers
Structural barrier to HFT participation in Asia OTC markets
Barriers include a lack of finalised rules and technology for scalable operations
Ex-UBS Adoboli supervisor hired in Knight takeover
UBS-dominated management team formed as Getco prepares to take over Knight Capital
System failures highlight need for IT resilience
Two major software failures have caused embarrassment and significant financial loss to leading financial institutions this year. Alison Ebbage looks at the lessons to be learned from the RBS and Knight Capital problems
People: New roles for Amrolia and Rodgers in Deutsche reshuffle
Markets group at Deutsche gets new cross-asset electronic trading unit, led by Zar Amrolia; Knight Capital responds to rogue algo loss by naming new CRO; listed derivatives co-head leaves Morgan Stanley; Nomura loses Fares, names Downey sole head of…