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 17, 2014 – BlackRock's iShares group is bringing its second exchange-traded fund in as many days. However, this new emerging markets ETF is listed on BATS.
October 17, 2014 – Agency broker Bloomberg wants to bring the block trade from cash equities to the exchange traded fund market.
October 17, 2014 – Big banks are getting bigger - in the foreign exchange trading markets. But how big?
October 17, 2014 – Athena Capital Research LLC used $40 million to rig prices of thousands of stocks including EBay Inc. for at least six months in 2009, U.S. regulators said today when fining the high-speed trading firm $1 million.
October 16, 2014 – Nasdaq today announced that BlackRock will list a new exchange-traded fund, the iShares Commodities Select Strategy ETF.
October 16, 2014 – When too many U.S. authorities conduct overlapping investigations it can disrupt regulatory probes and lead to unnecessary lawsuits, a Securities and Exchange Commission official said.
October 16, 2014 – Three of the largest dark pools told customers to trade elsewhere during at least part of yesterdays session as concern about Ebola and global economic growth spurred the busiest day for U.S. stocks in three years.
October 16, 2014 – The $1.6 trillion tri-party repurchase agreement market could get a central clearing repository if one clearing agency has its way.
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.