Warble Joins Liquidnet as Head of U.S. Sales
Block trading venue Liquidnet has hired Brennan Warble as its head of U.S. sales and as a member of the firm's global leadership team.
Citadel & NYSE Offer Unlisted OTC Data Globally
NYSE Technologies and market maker, Citadel Securities, are offering real-time Over-the-Counter stock data globally.
BATS Opens Exchange After One-Hour Shutdown Amid Malfunction
BATS Global Markets Inc., the fourth- largest U.S. stock exchange operator, shut its main market for almost an hour today amid a malfunction in its computer systems.
TRADERS ON THE MOVE: ITG Hires A Pair for the Program Desk
Agency broker ITG has expanded its program trading desk with two senior-level hires and added three other traders. UBS has hired a Morgan Stanley alum on its trading desk and Bank of America has hired Turquoise Derivative's chief executive for its equities group.
Post Trade Confirmation via FIX Protocol
The buy- and sellside can now confirm their equity trades via FIX protocol. By using the same system used for order routing, both parties can save time and money in the post-trade settlement process.
Wall Street Firms Back Removing Exchanges’ Legal Protections
The government should strip U.S. stock exchanges of the legal status that protects them from most lawsuits, a trade group for brokers said.
Cambiar’s Hostetler and Hiles Tussle with Retail Accounts
Cambiar Investors' Rod Hostetler and Christian Hiles Tussle with Retail Accounts.
UBS Pushes into Nanoseconds
UBS is now offering its latency-sensitive customers a faster way to access the public markets.
BEST Algo Forward
Cowen and Company is making tools available to its buyside customers that it believes will help them when deciding which trading algorithm to use.
Peak6 Sells its NYSE Floor Brokerage and More
Here are this month's Editor's Picks for the best and most newsworthy stories covered by Traders Magazine online news. These stories appear in abbreviated form. To read full length items, please visit our wesbite at www.tradersmagazine.com.
