The SIP regulation which went into effect on July 11 further draws more attention to the centrality of time synchronization for data integrity in financial markets.
Are you trading more foreign exchange now than two years ago?
- Yes - a little bit
- Yes - a lot more
- So much that I should sit on the FX desk
July 31, 2015 – Global equity trading volumes are on the rise.The World Federation of Exchanges has published its Market Highlights Report for the first semester of 2015 and noted that value of worldwide share trading rose 36% to $59 trillion USD in the first half of 2015. Check out the breakdown in this report.
July 31, 2015 – The UK bank is slashing 150 i-banker jobs and shrinking its fixed income sector.
July 31, 2015 – Traders who execute orders in options are getting a tool that works based of their perception of the market - where it is and where it could be going.
July 31, 2015 – EBS BrokerTec, ICAP's electronic foreign exchange (FX) and fixed income business, is continuing along with its integration and formed an executive management team to lead the new business. See the Who's who of new hires.
July 31, 2015 – Black River Asset Management, the $7.4 billion investment firm owned by Cargill Inc., said its liquidating four hedge funds with more than $1 billion in combined assets.
July 31, 2015 – In mid-July, Amar Kuchinad, a former Goldman Sachs Group Inc. banker turned bond entrepreneur, was sporting a thick beard. He refused to shave, he said, until his new company, Electronifie Inc., turned a profit.
July 31, 2015 – Hitesh Mittal, the head of trading at AQR Capital Management, is voluntarily taking a leave of absence amid a regulatory investigation of his former employer, Investment Technology Group Inc.
July 31, 2015 – Investment Technology Group Inc.s stock plunged after the company said its dark pool faces a record $20.3 million penalty for running afoul of U.S. regulations.
Highlights from the Current Issue
Bitcoin-focused hedge funds must deal with the challenges of long-term investments. And the trading is relentless.
The firms newest algorithm, dubbed Capture, is the latest addition to its growing stable of software designed to help the buyside source liquidity.
In today's Traders On the Move, Texas-based CAPIS hires a senior trader for its fixed income desk, while ex-SEC Chair Mary Shapiro has been elected to the board of the LSE. Also, Jefferies has hired a new head of electronic sales.
Liquidnet, the equity block trading pool, and IEX, the buyside sponsored ATS that wants to help the buyside avoid predatory traders and find the elusive block trade, have joined together to create a new algorithm.
Hong Kong Exchanges & Clearing Ltd. will reintroduce a daily auction to set closing stock prices and impose temporary price controls to limit extreme share moves.
Like a phoenix rising from the ashes of its former self, KCG Holdings has rebranded and relaunched its dark pool website and the pool itself.