Modern Markets Initiative shared with Traders the comings and goings at a recent meeting they had recently conducted with some of its member firms and the staff of a prominent national opinion leader. MMI said that it was surprised at how much basic misinformation about HFT persists and shared the conversation right here.
The Chinese are taking swift and drastic actions to combat its equity market problems of late. Are these actions good for the market or are they a bad idea?
- The actions are a good idea
- They are a bad idea
September 1, 2015 – Amid bad news from China, the exchange is looking to smooth a potentially chaotic trading day.
September 1, 2015 – Do you know an outstanding woman who works in the U.S. capital markets? Of course you do! Nominate her - and other ladies - in Traders' Wall Street Women 2015. Our deadline is September 15th.
September 1, 2015 – Avery Trading has chosen Orc Tbricks for spread trading on CME Globex.
September 1, 2015 – Former executives from UBS, Nymex and Goldman Sachs tried to cash in on Wall Street and cloud computing - and lost big.
September 1, 2015 – Risk parity is all the rage right now, though not in the way you might think. In fact, the strategy may have just exacerbated one of the largest selloffs ever
August 31, 2015 – The former Merrill advisor accused of unauthorized trades also settled client allegations of charging "excessive fees" in 2006.
August 31, 2015 – Signs of a strengthening economy in the U.S., the worlds biggest crude consumer, helped drive the sudden rebound after concerns that demand will wane in China had pushed futures to six-year lows.
August 31, 2015 – The bank promised to be ready to process transactions for Mondays opening bell but it might not make its deadline.
Highlights from the Current Issue
Bitcoin-focused hedge funds must deal with the challenges of long-term investments. And the trading is relentless.
The firms newest algorithm, dubbed Capture, is the latest addition to its growing stable of software designed to help the buyside source liquidity.
In today's Traders On the Move, Texas-based CAPIS hires a senior trader for its fixed income desk, while ex-SEC Chair Mary Shapiro has been elected to the board of the LSE. Also, Jefferies has hired a new head of electronic sales.
Liquidnet, the equity block trading pool, and IEX, the buyside sponsored ATS that wants to help the buyside avoid predatory traders and find the elusive block trade, have joined together to create a new algorithm.
Hong Kong Exchanges & Clearing Ltd. will reintroduce a daily auction to set closing stock prices and impose temporary price controls to limit extreme share moves.
Like a phoenix rising from the ashes of its former self, KCG Holdings has rebranded and relaunched its dark pool website and the pool itself.