more

Commentary

EDITOR'S LETTER
Tom Steinert-Threlkeld

Trading Through

The mispriced transactions totaled 442,600, from October 2008 through the start of this year. The amount owed customers for the mistakes was $420,360. Less than a buck a trade. On a 200-share trade, that equals less than 3 cents each.

Traders Poll

Would creating a handful of "universal" order types help reduce the complexity of equities trading?

Yes

40%

No

30%

There are other issues to be considered

30%

See Recent Polls

Advertisement

Resource Center

Reader Services

Free Site Registration

EMS/OMS Channel

News

Buyside Ups OMS and EMS Spending As Market Structure Changes

Institutional traders are opening their collective wallets wider and spending more on their order and execution management systems to keep pace with the changes in equity market structure, according to a report from Greenwich Associates.

ITG's OMS Goes Online

Agency-broker ITG has put its order management system online.

Linear Heads to Cloud-based Trade System

Linear Investments said it has subscribed to TradingScreen's cloud-based trading system, known as TradePrime. The "unified" system includes order and execution management systems as well as risk management software, all online.

Articles

Debate on EMS/ OMS Merger

So far, there's no clear direction as to whether buyside trading desks should keep management and execution of their orders in two separate systems or unify them in a single one.

ITG Adds Anti-Gaming to Dark Pool

ITG has added anti-gaming technology into the operation of its POSIT dark pool, to protect institutional traders from high-frequency trading firms trying to sniff out their orders.

SEC Eyes Order Type Development

The Securities and Exchange Commission has begun inspecting how the nation's stock exchanges develop, refine and approve new types of buy and sell orders, in the face of a great proliferation in order types.

Going Global

JPMorgan Chase's corporate and investment bank has begun to roll out a technical platform designed to consolidate 30 different trading systems into one. The "first wave of execution" in the J.P. Morgan Markets system puts trading in foreign exchange, rates and commodities onto the platform.

Livevol Launches New Options Trading Platform

Livevol, a San Francisco-based vendor of equity options trading technology, has launched a new options trading system that includes a trade execution system, data and analytics tools and visual aids.

Paladyne Offers OMS Alone

Traders can now get Paladyne's order management system without having to purchase it as part of a larger, more expensive bundled trading solution.