Many hedge fund managers have been awaiting the elusive traditional correction of 10 percent. It has been a record number of days since such an event has occurred, which has frustrated both market Bears, who want to profit from such a sell-off, and Bulls, who are awaiting a better entry point.
With all the talk around HFTs and their trading practices coming under the microscope, do you expect more state regulators and officials to begin examining HFT practices - just like with Big Tobacco?
- Just Congress and the Federal Goverment
BCS Financial Group, operator of Russian broker-dealer BCS, has brought on two new execs, including one former bulge bracket veteran.
Block trading venue Liquidnet brings on respected veteran analyst to head up its market structure group while clearing firm LCH. Clearnet has named its first U.S. chairman.
Traders recently spoke with Richard Gates, the whistleblower cited on pages 114 through 118 in Michael Lewis' "Flash Boys." Gates offered his insights into HFT, market structure and dark pools.
Commissioner Scott O'Malia of the Commodity Futures Trading Commission (CFTC) is on a mission. He says the process of writing new over-the-counter derivative contract rules needs more transparency. Over the past year he has repeatedly called for more roundtables and public comment on how rules are written. Why is this important? Because these rules, among other things, will determine which OTC derivative contracts must go through a clearing process and which ones can continue to use the old bilateral, dealer-to-dealer model.
Today's traders must manage their emotions in order to reach peak performance.
Instinet Promotes Kellner to CEO
The Second-Term Mandate: A Q&A with Patrick Armstrong
Traders assembled a deep bench of judges to select the top U.S. universities that produce the most impressive candidates each year in the field of trading.
A look at the financial industry's prominent hires, promotions and other notable happenings inside Wall Street's trading community.
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