Traders Magazine Online News

ON THE MOVE: RBC Nabs Sanhu for Global Equities; Goldman Grabs Doyle and Cornish

November 20, 2018 – The weekly recap of hires, job moves and promotions around Wall Street.

OptionMetrics Adopts Financial Instrument Global Identifier for Options

November 20, 2018 – Integration of the Object Management Group’s FIGI enables a more comprehensive view of financial markets and provides a consistent historical perspective through any corporate actions and other events.

IHS Markit Unveils New Cloud-Based FX Derivatives Post Trade Processing

November 20, 2018 – MarkitSERV announces new technology solution to OTC derivatives markets with new TradeServ platform for FX derivatives.

What Will Happen to Corporate Buybacks if a Recession Hits?

November 20, 2018 – In a recent newsletter, DataTrek's co-founder Nicolas Colas examined US corporate stock buybacks. He digs deep to see what happens to them during the next recession.

Cypto Exchange Beaxy Builds Matching Engine on OneTick Platform

November 20, 2018 – Beaxy secures exclusive partnership with OneMarketData to provide stock market exchange level order book and matching data systems.

New Greenwich Report Examines SIP Data and Its Shortcomings

November 19, 2018 – A new Greenwich Associates report examines direct exchange data feeds and uncovers, among other things, that just 2% of market participants say SIP data is adequate without regulatory changes.

NYSE DMM GTS Takes Stake in Mischler Financial

November 19, 2018 – Mischler will become a “forward operating base” for the growing GTS capital markets franchise.

Weekly Corporate Event Highlights

November 19, 2018 – Staying on top of corporate events is critical for any investment firm. Here are the selected events from Wall Street Horizon impacting the most widely held securities scheduled for this week.

Price Isn’t Everything

November 19, 2018 – In this exclusive article, In the article, LiquidityEdge's Tim Cook argues that participants need to consider other factors when choosing a Treasury platform on which to trade, other than simply price. He examines models such as CLOBs and RFQ, which can open participants up to the risk of information leakage and arbitrage from competitors.

Building the Next Generation of Algos

November 19, 2018 – While many buy-side firms trade on a suite of existing algorithms, is it time for a new breed of algo? Kathryn Zhao, Global Head of Electronic Trading at Cantor Fitzgerald, sat down with Traders Magazine's sister publication GlobalTrading to discuss the roadmap to building a new generation of algos.

Asset Managers Are Accelerating the Use of Alt Data and Advanced Analytics

November 19, 2018 – This study, commissioned by UBS and executed by element 22, revealed that some asset management firms have reached an inflection point in generating alpha, improving business operations and increasing client acquisition and retention with alternative data and advanced analytics.

RETAIL REPORT: RetireOne and Great American Life Join on Fintech Offerings for RIAs

November 19, 2018 – The two firms are jointly offering the Index Protector annuity to RIAs and fee-based advisors who are seeking non-correlated assets to de-risk client portfolios.

oneZero Financial Systems Partners with Jefferies on eFX

November 19, 2018 – As part of the agreement, Jefferies eFX, the firm’s electronic client trading platform, joins the EcoSystem, with FX market making in over 50 instruments.

What’s the Hold Up with Adoption of Automated Post Trade Documentation in the Derivatives Market

November 19, 2018 – In this article written for Traders Magazine, Andrew Kouloumbrides examines the case for DLT automation in the derivatives market and wonders why it hasn't come yet.

Does the Tick Size Affect Stock Prices?

November 16, 2018 – The Securities and Exchange Commission has recently released a whitepaper examining the change in tick sizes on trading based on data it collected during the Tick Size Pilot.