in the wake of public outcry and government examination, STA president Jim Toes exhorts the stock market to learn from the auto industry's recent woes and follow its example of how to recover after a crisis.
July 28, 2014 – The global macro hedge fund deployed the managed service solution for daily risk reports, investor transparency and integrated internal risk management.
July 28, 2014 – The Trading Central Research app provides trade suggestions on intraday as well as long-term strategies for FX, metals, indices, stocks and other instruments.
July 28, 2014 – About 94 million U.S. shares were traded in the dark pool in the week of July 7, up 42 percent from about 66 million in the previous week.
July 28, 2014 – Russian broker-dealer BCS has hired Matthieu Ressencourt as a managing director and head of equity derivatives trading in London. KeyBanc Capital Markets hired Jeff Woodford as head of sales trading in New York.
July 25, 2014 – Modern Network's Tim Quast discusses Michael Lewis's cage-rattling bestseller about high-speed trading, "Flash Boys," and how it left one thing out. Quast notes Lewis didn't say why exchanges pay fast traders. The answer spotlights the importance of getting right whatever corrective market-structure measures may come.
July 25, 2014 – The London Metal Exchange, the biggest metals bourse, will upgrade its network service to provide three access levels to its electronic systems, including one geared to high-frequency traders.
July 25, 2014 – Barclays Plc asked a judge to throw out New York Attorney General Eric Schneidermans lawsuit that accused the bank of lying to customers and hiding the role of high-frequency traders to boost its dark pool profile.
July 25, 2014 – Tokyos stock exchange allowed smaller price increments on shares of about 80 of Japans biggest companies from today as the bourse seeks to win back business from private trading venues.
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.