Kill Switches Coming
Verdande Technology, a Norwegian vendor that provides risk monitoring systems to the oil and gas industry, is writing software for brokers to monitor their trading systems.
Fragmentation Stirs Ire
Industry professionals took the opportunity to gripe about the proliferation of stock exchanges at this year's Security Industry and Financial Markets Association market structure conference.
Sun’s Equities Tech Helps Options
High-speed trading shop Sun Trading plans to make a splash in the options world by leveraging the trading infrastructure it uses for equities.
Susquehanna Pounces
Susquehanna International Group's acquisition of E*Trade's wholesaling operation will allow the big market maker to grab market share immediately from the business's competitors.
Industry Wary of Single Platform
Despite a growing trend of electronic trading in asset classes other than equities, industry officials are divided over the need for a single trading platform to trade multiple asset classes.
Wall Street Women Honored
Wall Street's finest women were formally recognized by their peers on Nov. 6, as 190 industry executives, family, friends and past honorees celebrated the group's outstanding contributions and achievements.
Stocks Triumph 3rd Month in Best Run Since 09 as Gold Sinks
Global stocks beat all assets for a third month in November, the longest winning streak since 2009, on signs that economic growth is accelerating. Commodities extended declines as gold fell the most since June.
Canada Focuses on HFT
The Investment Industry Regulatory Organization of Canada is gathering and analyzing data to determine the impact of high-frequency trading on the Canadian stock market. The goal is to compile a body of data solely attributable to HFT and then release it to academics for further study, accpording to Deanna Dobrowsky, a vice president in IIROC's market regulation policy department.
TRADERS ON THE MOVE: Retail Brokerage Pulls Them In
More sales traders head to financial planning outfits. Also, see which special situations expert found a home. Plus, a CBOE floor trader refuses to call it quits even after 40 years in the business.
Broker Bites Into Big Apple
B. Riley of Los Angeles is opening a New York office in order to take advantage of the growing pool of trading talent and tap into Manhattan's money managers.
