Guest commentator David Weisberger examines the validity of the latest iteration of the speed bump as put forth by CHX and wonders if it is a step backwards.
Are you reducing your research commission spend based on MiFID II requirements?
- My spend is unchanged
- MiFID II had nothing to do with spend changes
More News - Brokerage
In a blog shared with Traders Magazine, Global Liquidity Partners CEO Tim Lang shares his thoughts on the toxicity levels of U.S. dark pools.
Whether preparing for MiFID II or implementing best practices, buy-side firms are enhancing their broker votes with quantitative data regarding the brokerage research that they consume
New York State Comptroller Thomas P. DiNapoli noted in his most recent report that the bonus pool for Wall Street employees rose 2% to $23.9 billion during the December-to-March bonus season.
Equities.com, a financial media and investor community, and Tradier Brokerage Inc., a brokerage service, announced the launch of unlimited trading on the Equities.com platform via Tradier Brokerage Inc.
Research aggregators have offered the buy side access to research via a platform with transparent pricing, usage analytics, and budgeting tools. Celent explores key drivers of the success of these platforms - such as pricing strategies.
In this week's On the Move, the brokers spring into action hiring new staff from each other and externally. Also, a new hedge fund is set to launch from a veteran Wall Street executive in Sweden and Tabb Group lands new analysts.
Citadel Securities expansion into U.S. Treasuries complements their existing market making efforts on Tradeweb in interest rate swaps, credit default swap indices, and U.S. ETFs.
Virtu Financials unsolicited offer to buy KCG Holdings is all about the little guy retail order flow.
Interactive Brokers Group announced that it was getting out of the options market making business.
International buy-side traders looking for block liquidity in Canada are getting a whole new suite of algorithms, courtesy of Liquidnet Canada.
Implementation shortfall algorithms, despite their popularity, are in need of some retooling. Thats what the buy-side told agency-only broker ITG in its latest survey which focused on algorithmic trading strategies and how traders view them.
IEXs CSO, Eric Stockland along with the Boston Security Traders Association, is set to host a panel on the role that market makers play in todays marketplace. The discussion and Q&A session will focus on the roles that risk, pricing and speed play in top market making firms trading processes.
In this week's On The Move, changes at several brokers lead this week's moves with BTIG, JP Morgan and Incapital all adding traders. Also, chart the changes at Citi, tastytrade and NEX Exchange.
The new capabilities enable thinkorswim users to search and sort fundamental data on the entire universe of equity symbols from their watchlists, and share their screeners with other users.
The best way for a broker to prove their value to a buy-side trader is to simply pick up the phone and reach out. In other words, show the buy-side some love. Now.