Blaming the Flash Crash on a UK man who lives with his parents is like blaming lightning for starting a fire.
May 4, 2015 – Siebert Brandford Shank & Co and KCG both bring on new sales traders while JPMorgan named a new head of EMEA low touch trading. All this and more in today's edition of Traders On the Move.
May 4, 2015 – In a bid to counter the opening of the new upstart Aequitas Neo Exchange, TMX Group has lowered fees on its exchanges.
May 4, 2015 – Coinbase, a U.S.-based Bitcoin exchange with many prominent merchant clients, has spread its services into the U.K. where bankers and regulators have been more welcoming of digital currency innovations.
May 4, 2015 – Goldman got its man -- again. It remains to be seen, however, whether this verdict sticks any better than the first one.
May 4, 2015 – Jurors who convicted ex-Goldman Sachs Group Inc. programmer Sergey Aleynikov said they struggled to find a crime in his copying of the banks high frequency trading code.
May 4, 2015 – Former Goldman Sachs Group Inc. programmer Sergey Aleynikov was found guilty in the high-frequency trading code theft case that illustrated the difficulty of using existing law to protect technology central to financial markets.
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.
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.