Blaming the Flash Crash on a UK man who lives with his parents is like blaming lightning for starting a fire.
May 1, 2015 – CME Group Inc. said it suspended two traders for placing manipulative trades, similar to the ones that got Navinder Singh Sarao into headlines around the world last week.
May 1, 2015 – GFI Group has announced a new electronic trading platform for odd lot corporate bonds in the U.S. Historically, odd lots have been traded via telephone and voice brokering.
May 1, 2015 – Chi-X Canada, a rival trading system toTMX, has announced it has received regulatory for a Market-On-Close order type.
May 1, 2015 – Steven Kantor, Cantor Fitzgerald LPs former head of investment banking, sued the bond brokerage in a contract dispute, according to Delaware court filings.
May 1, 2015 – For 10 days, its been the top story in the world for the futures market. Youd never know it from Thursdays quarterly earnings call for CME Group Inc., operator of the market where it happened.
May 1, 2015 – Wall Streets self-regulator is weighing whether to drop a plan for a trade-surveillance system that has drawn sharp opposition from the brokers that fund the agency.
April 30, 2015 – The hedge fund giants use of Org ID will complement its Counterparty Due Diligence process.
April 30, 2015 – The computer algorithms that dominate trading in global markets need stronger oversight, according to a group of prominent financial regulators from around the world.
Highlights from the Current Issue
After the foreign exchange rate manipulation scandal, Russell Investments envisions buyside firms banding together to trade FX among themselves. Michael DuCharme and Joe Hoffman are leading the charge.
Lets review dark pools baseline functionality and examine the good and bad of anti-gaming filters. Then well discuss simple guidelines that help refine your dark routing choices.
Euclidean Trading is delivering a trading formula for dollar interest rates in the hope that human options traders will go electronic.
The Securities and Exchange Commission has decided to delay the implementation of its new tick size pilot program until May 6.
With ICE's Grand Bargain proposal, its hard not to see the benefit to the legacy exchanges.
Traders speaks Chuck Lugay about his take on the market, what new regulations might look like, and what keeps traders and brokers up at night.