Many hedge fund managers have been awaiting the elusive traditional correction of 10 percent. It has been a record number of days since such an event has occurred, which has frustrated both market Bears, who want to profit from such a sell-off, and Bulls, who are awaiting a better entry point.
With all the talk around HFTs and their trading practices coming under the microscope, do you expect more state regulators and officials to begin examining HFT practices - just like with Big Tobacco?
- Just Congress and the Federal Goverment
Traders Magazine Online News
April 22, 2014 – It would come as no surprise that high-frequency traders (HFTs) are feeling a bit under siege since the publication of Michael Lewis's Flash Boys at the beginning of April, however, if the industry is waiting for the other shoe to drop, this week it was raining patent leather.
April 22, 2014 – On March 30, Michael Lewis went on "60 Minutes" and said that the stock market is "rigged." This past Friday, some plaintiffs' lawyers filed a lawsuit against the stock market. Columnist Matt Levine talks about why it took so long for this to happen.
April 22, 2014 – Exchange operator Direct Edge announced today that is simplifying the way the buyside codes its order flow.
April 22, 2014 – Traders' reviews the controversial Michael Lewis tome 'Flash Boys' and how it has changed the way Americans think about high-frequency trading—if they even thought about it all—and its impact that may be seen in new regulations.
April 21, 2014 – By scrubbing data, looking into news developments, and searching out these themes, we do not only find one idea but sometimes several opportunities within an industry group or sector.
April 21, 2014 – Canadian retail order flow is heading south of the border to the U.S. And that is good news for wholesalers in the U.S.
April 21, 2014 – A pair of former buysiders, one in the U.S. and the other in Canada, find new homes. Also, Russian broker-dealer BCS brings on two executives including one from Bank of America Merrill Lynch.
April 21, 2014 – The U.S. Securities and Exchange Commission is weighing a requirement that brokers tell investors exactly where their stock trades go to be executed, a proposal that may address complaints that the decisions are sometimes made against the client’s best interests.
April 21, 2014 – Virtu Financial Inc., the high- frequency trader trying to sell shares in an initial public offering, has grabbed the attention of New York’s attorney general as he investigates the industry.
April 17, 2014 – High-frequency traders and representatives from HFT firms vigorously and defiantly defended their practices after a speech from the U.S. Attorney office in New York at the Security Traders Association of New York conference last week.
April 17, 2014 – Five ex-employees of Bernard Madoff who were found guilty last month of aiding his $17.5 billion fraud asked the judge in the case for an acquittal or a new trial, citing a lack of evidence and flawed jury behavior.
April 17, 2014 – New York Attorney General Eric Schneiderman sent subpoenas to six high-frequency trading firms seeking information about special arrangements they have with exchanges and dark pools as well as their trading strategies, according to a person familiar with the matter.
April 17, 2014 – Equity exchange traded funds have pushed into positive territory for the month of March, finally surpassing fixed-income funds.
April 16, 2014 – IntercontinentalExchange Group Inc., owner of the NYSE, has purchased Algo Technologies in a move designed to modernize the U.S.'s oldest bourse.
April 16, 2014 – Many hedge fund managers have been awaiting the elusive traditional correction of 10 percent. It has been a record number of days since such an event has occurred, which has frustrated both market Bears, who want to profit from such a sell-off, and Bulls, who are awaiting a better entry point.