Wall Street Women Awards Winner: Jennica Ross – Rising Star
Read about Jennica Ross, director of strategic relationships, WallachBeth Capital, one of the 2013 winners of the Women on Wall Street Rising Star Award. To fully understand the business of trading, one must be able to see the whole picture clearly, else risk missing something, Ross says.
Citigroup Pushes Pilot for Bigger Ticks
Following recent comments by Securities and Exchange Commission Chair Mary Jo White about a pilot program allowing larger trading increments for smaller stocks, one of the industry's largest market-making firms is promoting a tick-size plan of its own.
Braking HFT
Should one group of traders have a speed advantage over another? Many in the industry say 'no' as they blame high-frequency traders for the market's ills
Order Routing Squabble
Money managers' interest in eliminating exchange rebates is meeting resistance from exchanges, brokers and regulators. At a recent industry conference, industry representatives balked at the idea of a pilot program that could drastically reduce rebates or replace maker-taker pricing altogether with a charge on both sides of a trade.
Instinet Builds Out Cash Desk
Agency-only broker adds high-touch staff and broadens trading desk offerings after completing Nomura absorption.
Wall Street Women Awards Winner: Nathalie Texier-Guillot – Trailblazer of the Year
Read about Nathalie Texier-Guillot, head of equity and hybrid derivative solutions sales, Citi, one of the 2013 winners of the Women on Wall Street Industry Trailblazer of the Year Award. Texier-Guillot knows setting an example for young women to follow means pushing onward and upward through the unique challenges facing women-such as motherhood.
Avoid the Algo Risk Disaster of Everbright Securities
The Chinese Brokerage roiled the markets in mid-August and the punishment was swift and severe. Here are some risk mitigation lessons to protect your trading desk.
Janney Montgomery Builds Up Trading and Research Desks in Down Times
Despite lower trading volumes, Philadelphia-based Janney Montgomery Scott is building up. And this is no jump on the electronic trading bandwagon, but rather an old-school buildup of seats on the trading and research desks.
Fund Managers May Face Multibillion-Dollar Research Costs
Investment banks spent $5B last year on equity research used by asset managers, according to a report by Frost Consulting & Advisory and Quark Software.
Maxim Group Adopts SunGard Kit for Prime Brokerage, Portfolio Accounting
The brokerage firm has selected SunGard's VPM solution to service its client's accounting and reporting needs.
