In this guest blog, Greenwich Associates' Craig Viani ponders why equity trading trails the technological progress made in other industries.
As IEX has applied for exchange status, many in the marketplace have commented for and against the upstart venue. If granted exchange status, would you trade there?
November 30, 2015 – See who ITG hired as its new CEO for its TriAct group as well as two new appointees for its Board of Directors. Also, Global Prime Partners has snagged a new head of Prime Brokerage from a bulge broker and which former Citi equity trading head left the broker to go to one of its clients.
November 30, 2015 – Equity traders in the Far East can now have access to block trading house Liquidnets algorithms.
November 30, 2015 – Traders who execute trades in cross currency swaps can now clear a new way.
November 30, 2015 – New regulations designed to make trading more transparent may have the opposite effect by encouraging the emergence of so-called dark pools in fixed-income markets, the European Central Bank said.
November 30, 2015 – Investors are selling U.S. government bond exchange-traded funds at the fastest pace in 14 months as the Federal Reserve prepares to raise interest rates, helping make Treasuries the worst-performing sovereign market.
November 30, 2015 – A one-year delay of the European Union financial-market rules known as MiFID II is needed to allow banks and other companies to beef up their IT systems to comply with the laws intense data-reporting requirements, according to a European Commission document.
November 30, 2015 – IEX Group Inc. is pushing back at rivals Nasdaq Inc. and NYSE Group, which have tried to block the dark pool operators aspirations of becoming an exchange.
November 25, 2015 – ITG is now offering its Asian clients and traders another venue in which to source block liquidity.
Highlights from the Current Issue
Riding the energy wave, there is plenty of opportunity in recent market surges and dips.
What was it like when floor traders saw the move to electronic trading back in 1999? Marc Orenstein, a former traders for Bear Stearns and JPMorgan, tells us Part 2 of our Traders Q&A.
Traders speaks with Marc Orenstein, formerly of Bear Stearns and J.P. Morgan, for his take on the early days of electronic trading, the rise of ECNs and what he misses about the trading desk. This is Part 1 of our interview.
Looking for that elusive block trade but want to go through a bulge bracket broker? Then J.P. Morgan might have something for the buyside - a new algorithm designed to seek out blocks of stock and get a large order done.
In today's On the Move, ITG makes a few power moves and deals a major blow to JPMorgan's electronic equities trading desk by luring one of its top and longest serving executives to head up its operations. the firm also landed other top talent and a local NJ-based firm grabbed a new sales pro.
While many bulge firms are seeing their staffs shrink amid static commissions and tepid volume, Cowen is bulking up its equity sales and trading team.