Commentary

Ronald Jordan
Traders Magazine Online News

Understanding Your Data is No Longer Optional

In this contributed article from Global Markets Advisory Group, the advisory discusses the importance of data and how organizations should augment existing skill sets and capabilities to add a data-focused perspective to their operating fabric.

Traders Poll

Do you expect SEC Chairman Jay Clayton to push for regulation in the cryptocurrency issuance and trading markets?

Yes

74%

No

5%

The CFTC will push for regulation

21%

Free Site Registration

August 6, 2009

Dealing With Dealers Electronically

By Peter Chapman

Crosses aren't the only way to get large blocks done on an options exchange. Market makers are still willing to negotiate over large trades.

Negotiations used to take place in the pits, but now more trading is done electronically. That makes negotiating more challenging.

Joe Corona, director of strategic planning at Liquidpoint, a unit of agency brokerage BNY Convergex that services other brokers, told the crowd at this year's OIC that exchanges and firms such as his are trying to replicate the negotiation process electronically with vendor technology and exchange mechanisms.

"That is where the innovation needs to take place," Corona said. "There is a lot of improvement to be made in terms of seeking, finding and matching process."

 

(c) 2009 Traders Magazine and SourceMedia, Inc. All Rights Reserved.

http://www.tradersmagazine.com http://www.sourcemedia.com/