Firms are discovering there is a strong business need for accurate real-time positional data across their organizations. Sapient's Duncan Cooper says access to such data would maximize investment opportunities and ensure that a firm can be fully invested. For some, an Investment Book of Records (IBOR) addresses that need.
Crossing Networks/ATSs Channel
The buyside can now grade the performance of its brokers, evaluating how the services they providesuch as research, management access or executionstand up to one another.
Exchange operator NYSE Euronext held its annual Floor Broker Charity Trading Day last week and raised money for a New York-based children's charity.
S.J. Levinson & Sons and vendor Charles River formed a partnership to distribute Levinsons transaction-cost analysis software through Charles Rivers trading and portfolio management system.
Industry professionals took the opportunity to gripe about the proliferation of stock exchanges at this year's Security Industry and Financial Markets Association market structure conference.
Glitches, order sizes, mergers, dark pools and a more powerful buyside. Our editors take a look at the top stories that had the biggest impact in a non-stop, ever-changing 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.
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.
The Financial Industry Regulatory Authority is likely to publish a draft of a rule proposal requiring dark pools and internalizers to report their trading volume later this month or in November.
A New Trading Day