Integrated risk tools are the cornerstone for better trading decisions inside hedge funds.
August 20, 2014 – Columnist Matt Levine takes a look at the Finra/Wedbush inquiry, the question of how SAC Capital is liable for insider trading and other happenings around Wall Street this week.
August 20, 2014 – The Financial Industry Regulatory Authority (FINRA) announced Monday that it has filed a complaint against Los Angeles-based Wedbush Securities Inc. for systemic supervisory and anti-money laundering (AML) violations in connection with providing direct market access and sponsored access to broker-dealers and non-registered market participants.
August 19, 2014 – Caplin Systems, an e-distribution specialist and vendor of single-dealer platform (SDP) technology, launched Caplin FX Mobile. Built in HTML, the new app enables a bank's institutional clients to monitor and manage their currency orders via their smartphones and tablets.
August 19, 2014 – First Trust, a Wheaton, Illinois-based investment firm, along exchange operator NASDAQ OMX, have announced the launch of First Trust's newest listed exchange-traded fund (ETF), First Trust Strategic Income ETF.
August 19, 2014 – In an exclusive to Traders, SunGard's Beau Alexander examines the sellside's cost-cutting and subsequent neglect of its order management system technologies. The end result of having outdated technology, he argues, could be a loss of market share amid an already shrinking commission pie.
August 19, 2014 – A former Citadel LLC employee whose job was to research and develop high-frequency trading strategies pleaded guilty to obstructing a probe into the theft of trade secrets from the Chicago-based investment firm.
August 19, 2014 – Exegy, TMX Datalinx and the Financial Information Forum (FIF) announced today the launch of the first Canadian website to track real-time market data messaging rate.
August 18, 2014 – Tabb Group, at the behest of SunGard, a technology provider, has released a new research report that reveals both large and small investment banks and brokers are sacrificing OMS functionality in exchange for aggressive cost cutting.
Highlights from the Current Issue
UBS has launched a new algorithm trading platform designed to handle more complicated equity derivatives and their strategies. The bulge firm's goal - make the trading of more complex Over-The-Counter derivatives as simple as trading cash equities.
Institutional investors looking for a research platform that covers equities, exchange traded funds and options can now get information from one of their own.
As pension funds move to use the services of minority and woman-owned brokerages, the buyside must move beyond the old-boy network of firms to include emerging brokers.
Guest columnist Robert Stowksy reviews how FINRA's use of broker data to protect investors is under attack and asks the question, "Are they protecting investors or covering for bad brokers?"
Traders' reviews the controversial Michael Lewis tome 'Flash Boys' and how it has changed the way Americans think about high-frequency trading "if they even thought about it all" and its impact that may be seen in new regulations.
With the immediate furor over Michael Lewis's book, Flash Boys, finally dying down, many market players are hoping the receding hype gives way to a discussion of the real problems and possible solutions to some of the issues the book brought up - namely market structure.