Don Bollerman, IEX co-founder and head of markets & sales, reveals that so-called "speed bumps" exist inside other prominent stock markets and how certain venues have their own methodology for throttling order flow.
In light of the recent difficulties with China's stock market circuit breakers, are U.S. equity market breakers adequate?
- They need further tweaking
- Scrap them and start fresh
Eikon Enhanced for Buyside Traders
Thomson Reuters announced the rollout of a number of new features targeting the buyside, such as charting and modeling apps, on its financial markets desktop, Eikon.
RTS Adds Build-Your-Own Features and Analytics to Algo Suite
RTS Realtime Systems is now offering traders an analytics package to its algorithmic trading platform that is aimed at increasing alpha capture and efficiency.
OTC Markets Provides Data to REDI
OTC Markets is now providing REDI Technologies with real-time Level 1 and Level 2 NBBO trading data for distribution to the latter's buyside and sellside clients.
Trading Via Handheld
Buyside traders want their smartphones and tablets eventually to be able to execute trades.
Careful Speed Traders: ITG Unveils Anti-HFT Algo
Agency-only broker and technology firm ITG is now offering a new algorithm designed to thwart high-frequency traders and their strategies.
Credit Suisse Joins REDI Platform
REDI Global Technologies LLC, provider of the REDIPlus execution management system, announced today that Credit Suisse's Advanced Execution Services (AES), has joined REDI's broker-neutral platform.
Redline Releases Ticker Plant Protocol Converter
Redline Trading Solutions announced the release of a new high-performance protocol converter bridging its InRush 3 market data ticker plant to OpenMAMA-based trading applications.
xCelor Offers Network Switches
xCelor is now offering Layer 1 network switches with a port-to-port latency of two to four nanoseconds.
Cloud Message Archiving
Abacus Group and Global Relay have partnered together to offer integrated message archiving, monitoring and compliance services to the buyside.
NASDAQ Launches Trade System
Nasdaq now has integrated its pre- and post-trade risk management into a single platform.
Exchanges Set to Upgrade SIPs
Operators of exchanges in the U.S. are poised to upgrade the IT infrastructure following an embarrassing outage of the securities information processors inside Nasdaq last August.
IT Spending Seen on the Rise
Worldwide Internet technology spending is on the climb as traders and firms continue to invest in electronic trading and support systems.
Squawker Looks to Cross in U.S.
Squawker Trading is considering hopping across the pond and tapping into the U.S. broker market.
Liquid Goes Prime
Order management system vendor Liquid Holdings is getting ready to offer clients prime brokerage services.
Nasdaq Aids Borsa Istanbul
U.S. exchange operator Nasdaq OMX and Borsa Istanbul concluded an agreement in December that includes the delivery of market-leading technologies and advisory services to Borsa Istanbul.