October 16, 2006 Issue Abstract

To purchase this issue of Global Investment Technology, please contact Terry Tiangco at (212) 370-3700, x287 or e-mail ttiangco@globalinv.com

Transaction Costs: Buy-Side Firms Want Transaction Cost Analysis Offerings to Incorporate Risk in Real Time. As buy-side firms view transaction cost analysis (TCA) as a route to achieving regulatory compliance, performance reporting, or simply as a way to improve their trading strategies, they are finding that TCA offerings must adapt to a changing trading environment that places greater emphasis on algorithmic trading.

Industry Alert: Trading Integrity Faces Tests Despite New Rules. The US Securities and Exchange Commission’s recent interpretive release of guidance on Section 28(e) of the Exchange Act governing the use of brokerage commissions is having a far wider effect on the securities industry, beyond just the funding of research.

Spotlight: James R. Krause, Chief Information Officer, Chicago Mercantile Exchange.

Asset Services: Citigroup Pooled Solutions Aid Aegon, Legal & General. AEGON The Netherlands saw the difficulties of providing the same products to its entire client community and achieving alpha for differing business strategies, so it turned to familiar partner Citigroup to create a flexible investment platform.

Business Continuity: India Power Outage Drill Has Singapore Connection. Satyam Computer Services Ltd. tested its emergency business continuity plan with a simulated nationwide power outage in India, transferring control of networks to a center in Singapore and sending engineers there to operate.