Blaming the Flash Crash on a UK man who lives with his parents is like blaming lightning for starting a fire.
May 6, 2015 – The Securities Industry and Financial Markets Association (SIFMA) has given the recently submitted plan for equity market structure reform by BATS Global Markets its nod of approval.
May 6, 2015 – Options traders looking for liquidity and best execution can now tap into the non-displayed markets to get their trades done.
May 6, 2015 – The top U.S. derivatives regulator said his agency lacks resources to conduct even routine inspections of the exchanges and other companies it polices.
May 6, 2015 – Virtu Financial Inc. said its income from trading currencies has doubled as the Swiss National Bank shocked markets by abandoning its price cap on the franc.
May 6, 2015 – SunGard Data Systems Inc. will use Google Inc. software to provide deep analysis of financial-market data for traders, helping clients deal with the gusher of information generated every day.
May 6, 2015 – Virtu Financial Inc., one of the worlds most prolific high-speed trading firms, wants to set up shop in China.
May 5, 2015 – SXP Analytics LLC and a group of its programmers avoided trial with a last-minute settlement of claims that they used Quantlab Technologies Ltd.s high- frequency trading computer code to start the company.
May 5, 2015 – London Stock Exchange Group Plc has entered the competition to build a not-for-profit European dark pool backed by a consortium of banks and asset managers.
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.