Inside Trading

HFT Leaves Footprint at SIFMA Tech Expo

High-frequency trading remains the story, the subject, the thread, the gossip and the conversation of the day in the equities business.

Giesea to Step Down from STA

After 10 years at the helm, John Giesea announced he will retire from his position as president and chief executive of the Security Traders Association.

RBC's Electronic Trading Group Grows Head Count With An HFT Flair

Take a page out of the high-frequency traders' playbook and offer it to institutional clients. That's the game plan at RBC Capital Markets' electronic trading group.

Deutsche Bank Shakes up Algos

Jose Marques, Deutsche Bank's new head of equity electronic trading, wants the firm to build trading tools that take into account what algorithmic trading will look like tomorrow, how it will evolve.

Knight Seeks Retail Options Flow

Knight Capital Group, in the process of expanding its options market-making activities, will start soliciting retail orders this quarter.

Commissions Off--Pressure Remains

The Street saw a 13 percent drop in equity commissions last year, according to a Greenwich Associates study of buyside traders released June 7.

Stifel Beefs Up With Weisel Merger

"More" is the operative word these days at mid-market brokerage Stifel Nicolaus.

LeveL to Raise Profile With Brokers

The quest at LeveL ATS, the fifth-largest dark pool, is simple: Hook up more clients to achieve its goal for bigger prints.

Slow Uptake for Options Algos

According to a panel of experts assembled at this year's Options Industry Conference, the options industry is five to 10 years behind the cash equities business when it comes to servicing block orders with algorithms.

Options Marts Embrace Maker-Taker

Two of the country's four traditional options exchanges are expanding their programs that pay rebates to liquidity providers and charge liquidity takers.

Brokers Raise $$$ for Charity

Agency brokerages Liquidnet and BTIG raised millions for charity in May, in keeping with their annual traditions.

Flash Crash: A Day to Remember

May 6 was a pretty good day to be trading stocks--even with a 12-minute market freefall that, at one point, cost investors $1 trillion.

Pent-Up Demand Seen for Converts

Convertible bond issuance is expected to rise, as U.S. equities markets improve and institutions looking for steady cash flow increase their demands.

New Pali Hires Storm Ticonderoga

Over the past year, newcomer Ticonderoga Securities has brought in a brigade of trading and research pros as it strives to build an equities and options presence.

BIDS Sees Bump in Trading Volume

BIDS Trading's precipitous rise in volume is due to a number of factors and no single initiative, according to the firm.