in the wake of public outcry and government examination, STA president Jim Toes exhorts the stock market to learn from the auto industry's recent woes and follow its example of how to recover after a crisis.
Traders Magazine Online News
July 25, 2014 – The London Metal Exchange, the biggest metals bourse, will upgrade its network service to provide three access levels to its electronic systems, including one geared to high-frequency traders.
July 25, 2014 – Barclays Plc asked a judge to throw out New York Attorney General Eric Schneidermanís lawsuit that accused the bank of lying to customers and hiding the role of high-frequency traders to boost its dark pool profile.
July 25, 2014 – Tokyoís stock exchange allowed smaller price increments on shares of about 80 of Japanís biggest companies from today as the bourse seeks to win back business from private trading venues.
July 24, 2014 – Barchart.com, a provider of market data and information, has upgraded its free financial mobile app to include global data for stocks, futures and foreign exchange for traders
July 24, 2014 – So far, so good. That's what executives at NasdaqOMX must be thinking as the exchange posted second quarter net revenues of $523 million, which was up 16 percent on a year-over-year basis.
July 24, 2014 – Far from Wall Street in a Chicago neighborhood once synonymous with urban blight, two futures industry veterans are using secrecy and speed to mint fortunes. Read about their tale at Jump Trading to market supremacy.
July 23, 2014 – Thomson Reuters wants to give traders the most data that they can get for OTC Securities and has joined with BGC Partners to give it to them. The two companies forged a strategic agreement to expand customer access to the broker's OTC pricing data.
July 23, 2014 – ITG's 5th Annual Golf Event was a summer event to attend. This event brought together buyside executives on the links of New Jersey. Over 80 market pros networked and received exposure to the agency-only firm's product offerings while enjoying time away from the concrete jungle and trading floor. Check out the festivities in this slideshow.
July 23, 2014 – Credit Suisse Group AG Chief Executive Officer Brady Dougan said he remains confident in private trading venues following a probe into a dark pool operated by Barclays Plc.
July 23, 2014 – As the Securities and Exchange Commission worked overtime to finish the Volcker Rule last year, a new arrival warned her colleagues they were botching one of the key parts of the new U.S regulatory machine.
July 22, 2014 – William O'Brien is leaving BATS Global Markets. Immediately. Joe Ratterman, currently the chief executive officer, has reassumed the additional title of President of BATS Global Markets.
July 22, 2014 – FINCAD and CITIC are moving into the Far East trading markets. The goal - promote more efficient derivatives trading there.
July 22, 2014 – Today, a $5 billion fine is the cost of doing business. How can any Wall Street firm take risk seriously?
July 22, 2014 – Peter Barsoom, president of Intercontinental Exchange Inc.ís swap trading service, is leaving the company at the end of August.
July 22, 2014 – A drop in trading at the Barclays Plc dark pool being probed by U.S. prosecutors is fueling speculation Chief Executive Officer Antony Jenkins will shut it.