In this guest blog, Greenwich Associates' Craig Viani ponders why equity trading trails the technological progress made in other industries.
November 24, 2015 – On November 12th, traders and brokers gathered at Bryant Park Grill outside adjacent to the New York Public Library to listen to thought-leaders discuss the impact of China in the global capital markets.
November 24, 2015 – The Asia Pacific Stock Exchange (APX) is changing its name to Sydney Stock Exchange.
November 24, 2015 – Amid a global shakeup of its corporate workforce, Deutsche bank has named a new head of its global equities business.
November 24, 2015 – Wedbush is bolstering its futures business and has hired a new head to run the group.
November 24, 2015 – The New York attorney general is investigating possible manipulation in foreign-exchange trading, according to a person familiar with the matter.
November 23, 2015 – The Security Traders Association held a gala dinner to honor the achievements of the STA, regional chapters of the organization and discuss the path forward for the trading entity.
November 23, 2015 – According to Tabb Group's Equities LiquidityMatrix, month-over-month volume decreased 3% while year-over-year industry volume decreased 9%. Also, October 2015 had the smallest industry trade size in the last 10 years.
November 23, 2015 – U.S. futures volume continues it meteoric rise in the third quarter, leaping 11% percent from the second quarters levels.
Highlights from the Current Issue
Riding the energy wave, there is plenty of opportunity in recent market surges and dips.
What was it like when floor traders saw the move to electronic trading back in 1999? Marc Orenstein, a former traders for Bear Stearns and JPMorgan, tells us Part 2 of our Traders Q&A.
Traders speaks with Marc Orenstein, formerly of Bear Stearns and J.P. Morgan, for his take on the early days of electronic trading, the rise of ECNs and what he misses about the trading desk. This is Part 1 of our interview.
Looking for that elusive block trade but want to go through a bulge bracket broker? Then J.P. Morgan might have something for the buyside - a new algorithm designed to seek out blocks of stock and get a large order done.
In today's On the Move, ITG makes a few power moves and deals a major blow to JPMorgan's electronic equities trading desk by luring one of its top and longest serving executives to head up its operations. the firm also landed other top talent and a local NJ-based firm grabbed a new sales pro.
While many bulge firms are seeing their staffs shrink amid static commissions and tepid volume, Cowen is bulking up its equity sales and trading team.