Contemplating the growing threat of a cyber attack on Wall Street, brokers and exchanges, the first thing to look at is the main technology software and service providers. Most of those stocks can be found as holdings in the PureFunds ISE Cyber Security ETF
CME Group and FTSE Russell, a leading global index provider, announced that they have entered into a licensing agreement establishing CME Group as a global partner for futures, options on futures and OTC cleared products on FTSE Russell.
The five years it took regulators to bring high-profile charges against a UK trader underscore how hard it is to spot wrongdoing in fast-developing markets, and may herald problems in detecting future mishaps.
Despite the fact that the end of floor trading was an industry-wide known inevitability, the announcement came as surprise to those still making a living on the floor who argue it was more personal vendetta than sound business decision.