Sharon Rowlands, CEO of Thomson Financial, Addresses TBMA
At The Bond Market Association's 10th Annual Fixed-Income Summit & Expo on Technology and Electronic Trading on December 7th, Sharon Rowlands, CEO of Thomson Financial discussed the need for the industry to partner on developing technology solutions in light of the changing dynamic of the market place. As Ms. Rowlands explained, the growth of derivatives has expedited the converging of asset classes and the buyside is seeking greater interoperability to support this movement toward multi-asset class management. As industry needs continue to evolve, there will be an increasing demand for "one-stop trading" and enhanced STP solutions. Therefore, the industry needs to partner in anticipation of this growth.
Click here to read Sharon Rowlands' Speech to The Bond Market Association
AMD Market Practices and Standards Subcommittee Meets with Group of 14
Richard Weil, COO of PIMCO, Elected as Subcommittee Chair
In keeping with Sharon Rowland's theme of partnership, the AMD Market Practices and Standards Subcommittee met with the Group of 14 Dealers on December 14th to discuss matters relating to the use of electronic matching services and other derivatives issues. At the meeting, Richard Weil, COO of PIMCO was elected as Chairman of the Subcommittee. The AMD and Group of 14 agreed to host an industry-wide conference call on electronic confirmation and post-trade services for Credit Default Swaps. All members are invited to call-in for this special conference.
AMF Workshop on Sellside/Buyside Operations
February 14, 2006
The Asset Managers Forum will host a workshop on February 14, 2006 in New York City which will focus on the nuances in operations processing for dealers and asset managers. This Workshop is intended to provide industry education on how processing trades differ between sellside and buyside organizations. Please contact Diane Trupia at 646.637.9270 to register or for more information regarding this event.