In this commentary from Convergex's Eric Noll, he reports that the tick pilot is producing expected results - such as increased trade size and more price volatility. However, he noted that one test group bears closer scrutiny amid information leakage concerns.
What asset class are you planning to expand trading into or covering in 2017?
- Fixed income
More News - Brokerage
Clearpool unveils their new corporate identity with a new website and logo as part of a corporate rebranding initiative announced today.
In this week's On the Move, two senior executives are appointed in Europe to lead their respective firm's desks while one New York-based clearing firm adds a business development head.
Morgan Stanley, one of the Streets biggest players in equities trading, is reportedly cutting its global bonus pool for traders.
Joe Wald, chief executive officer at agency broker Clearpool, is saying no to proposed changes in access and connectivity fees that the NYSE Group family of exchanges is looking to charge.
Dash Financial is expanding it options business by acquiring Convergex's LiquidPoint options business. The expansion is being assisted by private equity firm GTCR, which owns a controlling interest in Convergex.
In this week's On the Move, Cantor Fitzgerald lands the former CEO of Deutsche Bank while the Federal Reserve adds four new people to its monetary policy committee.
Staying ahead of the curve is essential for success in todays market, staying out of trouble with the SEC, FINRA and investors is also a concern for brokers and RIAs developing new strategies.
In this second installment from guest author Jon Grah, he examines how a so-called "bucket shop" trades and can masquerade as a legitimate broker.
In this first in a eries of contributed articles, guest commentator Jon Grah explores how brokers might not be acting in the best interests of institutional forex traders.
Joe Mecane, managing director, global head of electronic equities product at Barclays took a few moments to discuss his thoughts on the coming year with regards to trading.
When trading overseas, the use of a locally domiciled broker dealer can greatly ease the trading and settlement process .
In this week's On the Move, several brokers add to their staffs including one major bulge bracket firm. Also, one regulator loses its top cop and a large money manager names a new investment head.
No man gets left behind and no man goes hungry either.Service-Disabled Veteran Owned broker dealer Drexel Hamilton joined with the Boston Security Traders Association to help the nations veterans by hosting and serving a meal at the New England Center and Home for Veterans.
In this week's On the Move, JP Morgan forms a new market execution team while several other firms make changes at the C-level.
Changes at the top highlight this week's personnel moves in the securities space. check out who's new at ICAP, GTX and Eze.