Commentary

Tim Quast
Traders Magazine Online News

We're All HFTs Now

In this guest commentary, author Tim Quast looks back at the history of HFT and how the market has evolved to where many firms now fit the definition of high-frequency trader.

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Traders Magazine Online News

State Street Set to Launch Quantextual Research Idea Lab

– This new research management solution delivers accelerated insights and allows investors to review research consumption, optimize research spend.


FLASHBACK FRIDAY: Decimals Cut Into Dealers' Profits

– In this week's look back, Traders Magazine remembers when stocks were quoted and traded in fractions. While many were intrigued by being able to trade in cents, brokers were concerned about their livelihood - and justifiably so.


CAT Takes Shape

– Long-pondered audit trail will soon be a reality.


Options Market Plugs Away

– For exchanges, trade handlers and technology providers, the U.S. options market recently has been the equivalent to a three-star restaurant review on Yelp: the meal was okay, it had its moments and there was no big problem, but overall it wasn’t anything to get excited about.


Clock Ticks on EU Privacy Regulation

– The new rule will have a massive impact outside of the EU.


S3 Expands Partnership with BOX Market

– S3 will provide BOX with additional, proprietary analytics solutions built upon insights garnered during the firms’ three-year-plus engagement.


EDI Launches Alternative to NYSE Corporate Actions Service

– Exchange Data International (EDI) announced the launch of a complete replacement service for NYSE Corporate Actions at a lower cost to users.


Cryptocurrencies’ Wall of Worry; China Says "No" to ICO

– In this guest blog, Celent's John Dwyer said to not underestimate the groundswell of institutional support for infrastructure which permits institutional capital to move into the cryptocurrency complex.


FX Trading Pushes BSO to Enhance London to Tokyo Route

– The upgrade will affect the London-Tokyo part of BSO’s established FX triangle, providing traders with the lowest latency on the market.


Smartkarma Partners with ULLINK on Research Platform via the NYFIX Portal

– Targeting the growing need for transparent pricing and unconflicted research for the buy-side, the partnership gives NYFIX buy-side members access to quality, independent research on Asian markets.


ALGO UPDATE: Brokers Rewarded for Algo Performance

– Agency brokerage and technology company ITG has rolled out an approach where various broker dealer algorithms are evaluated, normalized and eventually rewarded for their performance.


The IEX Auction: Pursuing Better Price Discovery

– In this contributed article, IEX takes a deep dive into the three principles behind the design of its auction process and highlight several key points of differentiation.


ICE’s Jeffrey Sprecher Named Most Influential Market and Exchange Person

– This new index lists the 1000 most influential professionals in order of significance as measured by a series of algorithms and encompasses some 145 jurisdictions and over 500 different companies and organizations.


CDCC Introduces Direct Clearing for Canadian Buy Side Firms

– CDCC's new direct-clearing model seeks to extend the range of significant benefits associated with CCP clearing, including capital, margin and collateral efficiencies to a new membership category called Limited Clearing Members (LCMs).


ON THE MOVE: Wedbush Hires Pair of Futures Traders

– Wedbush Securities makes a pair of hires for its futures trading group in New York and Curex names a new currency specialist in Europe.