Commentary

BRAVE NEW WORLD
Dan Mathisson

Uncanny Resemblance

The line between exchange trading and off-exchange trading has blurred to the point where there really isn’t that big a distinction anymore.

Traders Poll

The SEC recently extended the Reg SCI comment another 45 days until June 8. Is this enough time to gather comments on the proposed rule?



Advertisement

Free Site Registration

Latest News

National Alliance Adds Three Sales Traders

– Independent broker-dealer National Alliance has added three sales traders, bulking up its recently created equities trading desk.

Caliendo Joins BoA as Head of Americas Equity Hedge Fund Services

– Bank of America Merrill Lynch hired Goldman Sachs-bred Tracy Caliendo to help further build its hedge fund business.She joins the bulge firm as a managing director and head of Americas Equity Hedge Fund Services. Based in New York, she will join the firm in September.

Direct Access Partners Shuts Down

– Direct Access Partners has shut down. The institutional brokerage stopped handling orders two days ago, sources tell Traders Magazine, after its clearing firm, Goldman Sachs, stopped clearing its trades.

Citadel Continues OTC Desk Expansion with Five New Hires

– Wholesaler Citadel must believe that things are looking up in the trading industry. It has hired four new market makers on its Over the Counter trading desk and a broker-dealer sales exec, further bulking up the firm's trading business.

FINRA Wins DirectEdge Surveillance

– FINRA reached an agreement with Direct Edge to monitor its two stock exchanges, EDGX and EDGA, for trading abuses. The deal gives FINRA oversight of 90 percent of volume.

More Stories

Featured Articles

Fund Fight

– For years, exchange-traded fund trading volume surged. Now, it’s slumping too. Nasdaq, NYSE and BATS are now slugging it out with incentives, new order types and a new ETF-focused exchange to resuscitate trading.

At Odds Over Increments

Joining Forces

More

Inside Trading

Briefs

– Here are this month's Editor's Picks for the best and most newsworthy stories covered by Traders Magazine online news. These stories appear in abbreviated form. To read full length items, please visit our wesbite at www.tradersmagazine.com.

Block Trading, In Your Hand

Liquidnet To Trade Private Shares

More

People

Demystifying Dodd-Frank

– Commissioner Scott O'Malia of the Commodity Futures Trading Commission (CFTC) is on a mission. He says the process of writing new over-the-counter derivative contract rules needs more transparency. Over the past year he has repeatedly called for more roundtables and public comment on how rules are written. Why is this important? Because these rules, among other things, will determine which OTC derivative contracts must go through a clearing process and which ones can continue to use the old bilateral, dealer-to-dealer model.

Defining the Alpha Code

Word for Word with Nick Nielson

More

Rules and Regs

SEC Division Turns to Data Geeks

– After a rocky few years of flash crashes, trading glitches and botched IPOs, the Securities and Exchange Commission may finally be making headway in its battle with the streaming reams of disparate and diffused electronic data that define the modern U.S. securities trading markets.

SEC Eyes Order Type Development

SEC Pushes Anti-Glitch Regulation

More

Options

Side By Side, but Worlds Apart

– Nathalie Texier-Guillot and David Silber sit side by side in Citigroup's equity derivatives department. But their worlds couldn't be further apart. And yet to a certain extent, their worlds are converging.

Bridging the Gap

What Happened?

More

Tech Notes

Looking Forward, Back at Risks

– Omaha, Neb.-based PrairieSmarts is rolling out software that looks at risks faced by securities in both the past and future.

Debate on EMS/ OMS Merger

ITG Adds Anti-Gaming to Dark Pool

More

Buyside Snapshot

Defining the Alpha Code

– The Boston Company’s David Brooks, along with his fellow traders, is spending more time mining and analyzing data to find lesser-known stocks that can provide clients with above-average alpha and boost returns.

Big Trades on Small Firms

More

Photo Gallery

We're sorry. Your computer must be equipped with a browser capable of rendering HTML 4.01 and running JavaScript. In your browser, you must enable JavaScript. In addition, you should enable style sheets.

More Galleries

Advertisement

Video


WALL STREET WOMEN 2012: Start-Up Success

Dana Dakin, Founder of Dakin Partners and a recipient of a ‘Wall Street Women 2012: Entrepreneur of the Year’ award discusses why she started her business, what it’s like to be a women entrepreneur, and what it takes to be successful.

More

Advertisement

Current Issue

Traders Magazine

The stock dealers and institutional traders complete interactive news and information service

Advertisement