Salil Pachare and Ilia Rainer
Traders Magazine Online News

Does the Tick Size Affect Stock Prices?

The Securities and Exchange Commission has recently released a whitepaper examining the change in tick sizes on trading based on data it collected during the Tick Size Pilot.

Traders Poll

Would the creation of a single central regulator in Canada affect your inter-listed trading strategies?

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More Articles - Brokerage

What A Year

When Traders Magazine looks back at 2013 with some distance and a cooler head, we might see it as the year the markets grew accustomed to the turmoil on Wall Street and beyond. In fact, with all the drama, the capital markets chugged along almost as if the outside world did not matter.

Building Up

Despite lower trading volumes, Philadelphia-based Janney Montgomery Scott is expanding its trading and research desks.

Magic Number

How much is too much? Industry officials are starting to worry that the increase in off-board trading will lead to a deterioration in the quality of the U.S. stock market.

DTCC Set to Operate Derivatives Depository in Europe

The Depository Trust & Clearing Corp. announced in early November that the European Securities and Markets Authority has approved the creation of a multi-asset repository in Europe.

A Hedge for All Reasons

Battle-ready traders may never know the direction in which a stock will travel, but they can build a protective wall.

A New Algo Option

With Autobahn Options, Deutsche Bank hopes to address the needs of options traders who are looking for new trading formulas.

Domanski Joins Braver Stern

A look at the equity industry's prominent hires, promotions and other notable happenings around wall Street's trading community.

Ems & Oms: Seamless Is Better

Execution management system vendor Redi Holdings and order management system vendor Citadel Technology are working together to build a combined order-execution management system.

Kill Switches Coming

Verdande Technology, a Norwegian vendor that provides risk monitoring systems to the oil and gas industry, is writing software for brokers to monitor their trading systems.

Sun's Equities Tech Helps Options

High-speed trading shop Sun Trading plans to make a splash in the options world by leveraging the trading infrastructure it uses for equities.

Industry Wary of Single Platform

Despite a growing trend of electronic trading in asset classes other than equities, industry officials are divided over the need for a single trading platform to trade multiple asset classes.

Citigroup Pushes Pilot for Bigger Ticks

Following recent comments by Securities and Exchange Commission Chair Mary Jo White about a pilot program allowing larger trading increments for smaller stocks, one of the industry's largest market-making firms is promoting a tick-size plan of its own.

Braking HFT

Should one group of traders have a speed advantage over another? Many in the industry say 'no' as they blame high-frequency traders for the market's ills

Order Routing Squabble

Money managers' interest in eliminating exchange rebates is meeting resistance from exchanges, brokers and regulators. At a recent industry conference, industry representatives balked at the idea of a pilot program that could drastically reduce rebates or replace maker-taker pricing altogether with a charge on both sides of a trade.

Instinet Builds Out Cash Desk

Agency-only broker adds high-touch staff and broadens trading desk offerings after completing Nomura absorption.