TABB Group: Low-Touch Order Channels Will Be 62% of Buy Side Firms'
Posted on July 29, 2010
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0 Comments | Wireless News, Jul 29, 2010
TABB Group noted in its latest research study, “US Electronic Options Trading 2010: Algorithms, DMA and Crossing Networks,” that the increasingly complex options markets is resulting in growing demand for tools and systems that can help make options trading more efficient, especially as traders are continuing to adopt trading strategies.
The proportion of order flow moving through low-touch channels is projected to rise to 62 percent by 2011, as options traders turn to electronic trading systems to manage order flow. The report details the proliferation of DMA platforms residing on the buy-side trading desk, identifying key functionalities that make the systems attractive to options traders.
Electronic commission rates have remained relatively stable since 2009, averaging 89 cents per contract, a slight increase over last year’s rate. The buy side is increasingly negotiating blended options execution rates across voice, direct market access and algorithmic channels that fund commission-sharing agreements (CSAs) for research and other services.
The data, analysis and 26 detailed charts for this study are based on conversations with 51 traders at a broad variety of hedge funds, asset managers and proprietary options trading firms. Data is supplemented by informal conversations with a number of additional market participants, including multi-national exchanges, alternative liquidity pools, institutional broker options trading desks, electronic execution desks and independent options trading system vendors
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I, a crazy,
Posted on July 29, 2010
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I, a crazy, self-professed health and fitness nut, have a confession.
I love the foods my mother used to fix for me and my five brothers and sisters. I love chicken, mashed potatoes, and gravy and the warm, fuzzy feeling I get when I remember all of us kids sitting at the dinner table.
I love hamburgers with all the trimmings and the fun we used to have at our neighborhood summertime barbeques.
I love sandwiches my mom made me for lunch?peanut butter and jelly, egg salad, tuna fish, cream cheese and olives, BLTs, and roast beef on brown-colored white bread.
I love eggs, bacon, and toast, thickly smeared with butter and jam, which I gulped down before the school bus came.
I love cheese, and I love pizza. My college boyfriend, Jack, and I used to eat pizza (and drink beer?shhhhhhhh!) every weekend at the Hollywood.
I love deep-fried onion rings. I love mint chocolate chip ice cream. I love popcorn with lots of butter.
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Ireland’s DCC powers up with GBP 43m deal for Brogan
Posted on July 29, 2010
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Ireland’s DCC powers up with GBP 43m deal for Brogan
0 Comments | Scotsman (Edinburgh, Scotland), The, Dec 17, 2009
Byline: PETER RANSCOMBE
BROGAN Group, the Motherwell-based fuel distribution and fuel payment card company, has been bought by GB Oils, a subsidiary of Dublin-listed DCC, for 47.2 million (GBP 42.5m).
Brogan – which was founded in 1924 by Scottish boxing champion Bernard Brogan – has about 280 staff and 87 tankers that deliver heating and motor oils.
The company’s 15 depots will be added to DCC’s existing 25 in Scotland. DCC entered the Scottish market eight years ago, when it bought BP’s Falkirk-based distribution business and rebranded it as Scottish Fuels.
Brogan’s fuel cards are marketed under brands including BP, Diesel Direct, Shell and Texaco, allowing drivers to pay for fuel on a company account.
Before the sale, Brogan was run by Alastair and Campbell Brogan and Alan Tait, three of the founder’s grandsons. The other shareholders include several members of the Brogan family.
In the year to 31 May, pre-tax profit rose from GBP 3.1m to GBP 4.2m on the back of turnover increasing from GBP 289m to GBP 305m.
The takeover is the latest in a series of “bolt-on acquisitions” for DCC, which already has about 150 fuel depots throughout the UK.
Other recent acquisitions include Bayford Oil in England and Shell Direct Austria.
DCC was advised by Pinsent Masons.
Allowing an outside source to take on
Posted on July 29, 2010
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Allowing an outside source to take on this responsibility of making a software test will save you time and keep the business running as usual. Some of the main advantages of Software Development companies are they have streamlined test practices, proven methodologies, clear and comprehensive test planning, complete test metrics with trend analysis, total knowledge transfer and ongoing skill-building training programs.
A company is only as efficient as its IT group typically. Let them thrive in their area of expertise and allow outside professionals with test making software to take care to the integration and implementation of new complicated applications. This will show that you understand the skill set of your IT group and that you want to help them help the company. It is important that you test making software in a controlled environment. Software development companies have controlled environments and will discover and troubleshoot many of your new applications problems before you even have to deal with them. Listed below are ways software development companies test new software. Regression Testing is the term used for re-testing after fixes or modifications of the software or its environment. Re-running test cases for a new build of software that includes new features, to ensure that product features still work.
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Christopher Vounasis to Oversee AccuDial(R) Pharmaceutical, Inc.'s Canadian Operations
Posted on July 29, 2010
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Market Wire, July, 2010
Christopher Vounasis has been named Director of Canadian Sales & Marketing by AccuDial Pharmaceutical, Inc. The product line, from the company’s over-the-counter (OTC) division, has developed a revolutionary way to better dose children, offering the only rotating labeling system for weight-specific dosing of children’s over-the-counter medications.
Vounasis joins AccuDial from PendoPharm, the OTC division of one of the largest Canadian generic pharmaceutical manufacturers, Pharmascience Inc., where he worked for seven years. Starting as a product manager for Private Label, he worked with all Canadian key accounts analyzing and sourcing new product opportunities for the Canadian OTC market, and successfully launching new Private Label mandates. Most recently, he has served as national sales manager for PendoPharm, where he worked with retail outlets nationally and expanded the sales force to achieve impressive growth.
Prior to PendoPharm, Vounasis was international product manager for J. Walter Company Ltd., a surface technologies company. Previous to J. Walter, he held various marketing positions within the high-tech industry.
Vounasis is a member of the Pharmaceutical Marketing Club of Quebec (PMCQ) and has taken courses with the Canadian Professional Sales Association and McGill International Executive Institute. He holds a bachelor of commerce degree in marketing from Concordia University.
In his new position at AccuDial, Vounasis will have direct responsibility for all sales and marketing in Canada. “Chris has an established reputation as a strategist who executes with speed and precision,” said Robert Terwilliger, CEO of AccuDial Pharmaceutical, Inc. “We were drawn by his varied experience in unique organizations, and his abilities as a strong communicator and team player. It will be exciting to see his skills at work in this high-performance environment as we continue to aggressively expand our business.”
About AccuDial Pharmaceutical:
AccuDial Pharmaceutical’s patented, weight-based dosing was designed to effectively administer AccuDial’s family of children’s pain and fever, allergy, and cough and cold medications. A parent simply rotates the label until their child’s weight appears in the viewing window and the correct dose is shown below the weight. A dosing spoon is included in each package so parents can easily measure and administer the medication. Children’s AccuDial is the only medication that provides weight-specific dosing using a rotating label. For more information, contact AccuDial Pharmaceutical, Inc
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The Australian feels just
Posted on July 29, 2010
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The Australian feels just the opposite. She wants attention right away or she walks right out the door. And me? I like the ?human touch?: a smile, friendly tone of voice, a twinkle in the eye.
Our differences are not surprising given our backgrounds. But what a challenge for committed service providers!
Should your service be reserved and polite, or outgoing and friendly? Should you be fast and efficient, or personal and attentive? Should you initiate contact and offer immediate help, or wait discreetly until you are asked?
What pleases one customer may easily disturb another. But you?ve got to do something. So what should you do?
Beneath the preferences of one person and another, I found ?Three Steps to Welcome? that always apply:
1. Acknowledge the person
2. Make a positive gesture
3. Extend an offer to help
Acknowledge the person means letting them know that you know they are there. This can be done with simple eye contact, a tip of your head or a momentary opening of your hand.
Have you ever been in a store with sales staff who completely ignored you? Did you feel awkward as they talked on the phone, or invisible as they chatted with each other?
Have you ever been happy to wait several minutes while a clerk helped someone else, because she acknowledged you first with a tiny gesture, raised eyebrows or a smile?
It doesn?t take much to acknowledge another person.
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Service was brilliant
Posted on July 29, 2010
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Service was brilliant
0 Comments | Grimsby Telegraph, Jul 27, 2010
MAY I please use this page to say a huge thank you to the staff of IT Services? I had a printer problem which I simply could not fix. IT Services not only fixed my printer problem, but it didn’t charge me a penny. How’s that for service? Jack Kinsman, Stainton Drive, Grimsby.
Pilot and The Ledger-Star, Norfolk, VA – nation
Posted on July 28, 2010
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0 Comments | The Virginian-Pilot and The Ledger-Star, Norfolk, VA, Jun 29, 2010
high court tweaks sarbanes-oxley law
WASHINGTON | The Supreme Court on Monday struck down part of the anti-fraud law enacted in response to the Enron and other corporate scandals from the early 2000s, but said its decision has limited consequences.
The justices voted 5-4 that the Sarbanes-Oxley law violates the Constitution’s separation of powers mandate. The court says the president, or other officials appointed by him, must be able to remove members of a board that was created to tighten oversight of internal corporate controls and outside auditors.
Chief Justice John Roberts said that the Sarbanes-Oxley law will remain in effect with one change. The Public Company Accounting Oversight Board will continue as before, but the Securities and Exchange Commission now will be able to remove board members at will.
Court rejects bid for tobacco damages
WASHINGTON | The Supreme Court on Monday rejected the Justice Department’s bid for as much as $280 billion in tobacco company profits, refusing to hear an Obama administration appeal.
The rebuff all but ensures that the racketeering suit first pressed by former President Bill Clinton’s administration won’t result in financial penalties against Philip Morris USA and R.J. Reynolds Tobacco Co. It’s the second time the high court has refused to hear government arguments in the case. The court also rejected a group of industry appeals aimed at overturning a trial judge’s finding that the cigarette makers defrauded the public about the dangers of smoking for more than 50 years.
The government appeal argued that judges have authority to order the return of “ill-gotten gains” under an anti-racketeering law .
Americans saw their incomes grow in may
WASHINGTON | Americans spent a little more in May but not enough to speed along the economic recovery.
Consumer spending rose 0.2 percent last month after no change in April, the Commerce Department said Monday.
Incomes rose for the sixth time in seven months, boosting household finances and potentially providing fuel for greater future spending.
The increase came from spending on services – much of that likely the result of Americans using more electricity as the weather warmed up
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The smoker has spent years developing
Posted on July 28, 2010
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The smoker has spent years developing a habit that extends far beyond a physical addiction – it is a powerful emotional and psychological addiction too. Yet despite this fact, the anti-smoking lobby only seem to focus from the non-smoker?s viewpoint (e.g. ?They have no willpower?, ?Don?t you know what it?s doing to your health??, ?It?s not cool?)
Understand this – smokers started the habit for a reason. Some smokers wanted to look cool, to look edgy, to develop an attitude. Other smokers simply wanted to experiment. Others may just have had a fearless and carefree attitude towards life. Over time, the smoker glamorises the habit, and these strong neurological bonds will remain in place for years to come. When I smoked, I associated many wonderful times in my life with smoking: socialising on foreign holiday trips, sharing cigarettes with ex-girlfriends, smoking before and after important examinations etc. Smoking goes some way to claiming itself a role as part of the individual?s identity.
To this extent, the non-smoker has to understand that the tobacco habit is a strong emotional attachment. If you tell a smoker to give up the cigarettes for their health, then the smoker will ignore you.
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Sadly absent from further consideration are Michigan?s
Posted on July 28, 2010
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Sadly absent from further consideration are Michigan?s Mario Manningham who recently underwent arthroscopic knee surgery and Oklahoma?s Adrian Peterson who broke his collarbone against Iowa State.
Ohio State and Troy Smith continued their winning ways on Saturday versus Michigan State. Troy completed 15 of 22 for 234 yards passing and two touchdowns. With the first BCS rankings announced, the pressure to remain on top is now firmly on Ohio State?s and Troy Smith?s shoulders. If they can live up to the challenge Troy will be the favorite to win the Heisman later this year.
163 yards rushing won?t win any single-game records, but it will keep West Virginia?s Steve Slaton in the hunt for this year?s Heisman.
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