Wednesday, November 29, 2006
S&P hosted a teleconference yesterday entitled “A Closer Look at Industrial Ratings Methodology”. This followed on the publication of a special issue of their credit magazine, Credit Week.
Audiocast here: 59 minutes. (Conf ID # 2606418, passcode = SANDP )
The underlying focus of the presentation was a broad justification of “qualitative or fundamental analysis”.
Tuesday, November 28, 2006
Patent coverage and ability to enforce intellectual property in the financial services space gains in strength…
…”Following a trial lasting 6 and a half days, a 6-member jury found media giant Thomson Financial and affiliated company, i-Deal, LLC guilty of willful infringement of a patent belonging to Pittsburgh-based Grant Street Group (formerly, MuniAuction). The jury also […]
Monday, November 27, 2006
Big activity on the part of Ford Motor Company today…as Reuter reports:
NEW YORK, Nov 27 (Reuters) - “Ford Motor Co.’s new $18 billion financing plan puts the No. 2 U.S. automaker on a different path from rival General Motors Corp., making asset sales less likely as Ford tackles its mounting need for cash.”
I thought it […]
Sunday, November 26, 2006
“Evidence that bears on questions of any complexity typically involves multiple forms of discourse. Evidence is evidence, whether words, numbers, images, diagrams still or moving. The intellectual tasks remain constant regardless of the mode of evidence; to understand and reason about the materials at hand; and to appraise their quality, relevance and integrity.” Beautiful Evidence, […]
Tuesday, November 21, 2006
There were a series of Orders issued by the SEC last Friday which relate to the fixed income markets. Important issues related to market structure were announced. All these issues were clustered around the NYSE Bonds system and its relationship to the over-the-counter markets and self regulatory organizations.
The specific new rulemaking is embodied in new […]
Friday, November 17, 2006
The NYSE announced today that the SEC has granted its Exemption Request to sell unlisted bonds on the NYSE Bonds system.
You can see the Reuters reporting here:
I look forward to reading the order…and more importantly look forward to seeing the platform launched…
Congrats to the NYSE Bonds group!
Monday, November 13, 2006
Kestrel and Townsend Analytics’ Realtick have stepped out into the public with their newly built NYSE Bonds functionality…more connectivity will mean more trading and liquidity on the platform. Wonderful news…
In a statement from the NYSE the CEO, John Thain said, “These strategic agreements give investors greater connectivity and wider access to the NYSE Bonds platform currently in development.This further […]
Friday, November 10, 2006
Edgar Online has launched a suite of tools to do quantitative analysis on public companies for about $500 per month…what you get…a suite of interactive data and analytical tools that provides quick and accurate, XBRL-tagged financial statement data via Microsoft Excel and an easy to use web interface or via a direct data feed.
Specific data sets include: fundamental […]
Thursday, November 9, 2006
CFO.com reports on a blog interaction between Jonathan Schwartz, President and CEO of Sun Microsystems, and Christopher Cox, the Chairman of the SEC.
As I commented on Mr. Schwartz’s blog, it is astounding to have a public company CEO and the head of the SEC discussing the potential extension of Commission rules on a public blog. Both […]
Tuesday, November 7, 2006
MarketAxess is the dominant institutional credit platform. They have extended electronic trading most deeply into the institutional credit space. They are also the only public or independent company amoung the dominant fixed income electronic platforms (Bonddesk is private and Tradeweb is a division of Thomson…I’m not including the inter-dealer brokers).
They are our best window into […]
