Guest columnist John Bates wonders if anyone feels bad for the high-frequency trading firms that are now facing lawsuits, sluggish markets and regulators.
Do you expect more SEC investigations into order routing or handling?
Traders Magazine Online News
October 24, 2014 – More scenes from the Security Traders Association of Chicago's poker tournament for the STAC Scholarship Fund.
October 24, 2014 – Is trading away from a sponsor a bad thing? Can best execution be achieved given the troubling problems of sponsor rotation? The analysts at CAPIS don't think so and say with the right tools trading away is OK.
October 24, 2014 – TMX Group Ltd., the operator of Canada’s largest stock exchange, announced a plan to slow down high-frequency traders and simplify the nation’s equity markets.
October 24, 2014 – Barclays Plc will never recover its second-place ranking among U.S. dark pool operators because a lawsuit alleging it lied to customers has permanently damaged its reputation, according to Sanford C. Bernstein Ltd.
October 23, 2014 – Scenes from the Security Traders Association of Chicago's poker tournament for scholarships.
October 23, 2014 – Goldman Sachs, Bank of America Merrill Lynch and Morgan Stanley have all maintained their top 3 positions and rankings as the leading brokers of flow equity derivatives to North American institutional investors.
October 23, 2014 – The U.S. Securities and Exchange Commission rejected plans by BlackRock Inc. and Precidian Investments to open a new type of exchange-traded fund that wouldn’t disclose holdings daily.
October 23, 2014 – McKay Brothers International plans to activate a microwave data link covering 370 miles - enabling two major financial centers to trade at nearly the speed of light.
October 22, 2014 – Seventy percent of buyside investors said they expect their futures trading volumes to increase during the next 12 months, according to new research from market consultancy Tabb Group.
October 22, 2014 – Jefferies has chosen Markit to provide its trade-cost analysis software.
October 22, 2014 – BATS added a new exchange-traded fund provider to its clientele, Alpha Architect, which listed its first ETF on the bourse today.
October 22, 2014 – Thanks to FPGA architecture, trading firms can burn their pre-risk controls onto the circuits in their back-office servers -- and keep the regulators at bay.
October 22, 2014 – REDI Technologies, the independent market technology firm and developer of the REDIPlus execution management system, is growing its business and opening a new office in Plano, Texas.
October 21, 2014 – Bats Global Markets Inc., which vies with London Stock Exchange Group Plc for the title of biggest European equity market, is expanding into Turkey.
October 21, 2014 – Bank of America Corp. traders who left as the lender dismantled their electronic market-making unit are attempting to recreate the business as an independent firm with former Knight Capital Group Inc. chief Tom Joyce.