Guest columnist John Bates wonders if anyone feels bad for the high-frequency trading firms that are now facing lawsuits, sluggish markets and regulators.
October 22, 2014 – Seventy percent of buyside investors said they expect their futures trading volumes to increase during the next 12 months, according to new research from market consultancy Tabb Group.
October 22, 2014 – Agency broker Jefferies has chosen Markit to provide its trade-cost analysis software.
October 22, 2014 – BATS added a new exchange-traded fund provider to its clientele, Alpha Architect, which listed its first ETF on the bourse today.
October 22, 2014 – Thanks to FPGA architecture, trading firms can burn their pre-risk controls onto the circuits in their back-office servers -- and keep the regulators at bay.
October 22, 2014 – REDI Technologies, the independent market technology firm and developer of the REDIPlus execution management system, is growing its business and opening a new office in Plano, Texas.
October 21, 2014 – Meet the 2014 Wall Street Women from Traders. Wall Street Women: A Celebration of Excellence was created to honor women who have not only succeeded but excelled in a male-dominated industry.
October 21, 2014 – The Canadian equities markets remain safe from the scourge of fragmentation despite the addition of another marketplace.
October 21, 2014 – Westminster Research Associates, a unit of ConvergEx Group, has released a new commission research platform for traders.
Highlights from the Current Issue
Daniel Lucas of Merk Investments is leading the foreign exchange charge in the buyside firms offices in the heart of Silicon Valley.
A wave of ground-breaking innovation and lower volumes has forced floor traders to face a new reality: a smaller, more intimate trading floor.
The $5.4 trillion currency market is going electronic and Pragma is getting in the game now with its own algorithms targeting the $2 trillion spot market. The service bureau provider will start offering a variety of algorithms specifically for FX, ranging from simple TWAP to more complex liquidity seekers that minimize market impact.
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?"
Agency-only broker and technology firm ConvergEx has hired a trio of market professionals to help it expand it's global reach while Eagle Investment Systems brought on Greg Farrington as it new head of sales. Bulge bracket broker UBS has hired Pierre Vermaak for its newly formed FRC team.
Today, a $5 billion fine is the cost of doing business. How can any Wall Street firm take risk seriously?
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.
In an industry dominated by speed, where short-term success is dependent on decisions made faster than the blink of an eye, guest commentator Mark Knoll said that getting traders to focus on the long-term impact of regulatory changes is like trying to get a world class sprinter to think like a marathon runner.
Traders spoke to Suzanne Sprague, executive director of collateral and risk for CME Clearing about the impasse, how to resolve it, and what it means for the clearing market.
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.
Swedish agency-broker Neonet has a simple business strategy offer its algorithms and electronic trading solutions first to its native European equity trading clients, and then cross the Atlantic and enter the U.S. equity markets.
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.