Guest columnist John Bates wonders if anyone feels bad for the high-frequency trading firms that are now facing lawsuits, sluggish markets and regulators.
Plagued by light investor demand and competition from other major alternative trading venues such as Crossfinder and Liquidnet, Wells Fargo the company announced late last week it was closing the pool.
So what do dark pools, the bond market and spreadsheets have in common? Columnist Matt Levine takes a look at all in today's guest commentary.
Three of the largest dark pools told customers to trade elsewhere during at least part of yesterdays session as concern about Ebola and global economic growth spurred the busiest day for U.S. stocks in three years.
Continued adoption of electronic FX trading is increasing demand for performance measurement while providing the necessary execution data to calculate it.
A proposal to use the virtual currency for brokerage fees could be too tempting for those in the financial arena.
The buyside can now grade the performance of its brokers, evaluating how the services they provide-such as research, management access or execution-stand up to one another.
Order and execution management systems vendor Eze Software Group will incorporate Markit's transaction-cost analysis product into its OMS.
Institutional brokerage S.J. Levinson & Sons and vendor Charles River formed a partnership to distribute Levinson's transaction-cost analysis software through Charles River's trading and portfolio management system.
ConvergEx Group has begun to offer clients detailed transaction-cost analysis in real time for every child order sent, not just the initial order.