Brokerage

Twenty years ago, a book titled “The Super Traders” set out to capture the “secrets and successes of Wall Street’s best and brightest” minds. Then, there were three national markets and 407.3 million shares traded a day. Here is the first in a series of the perspectives of those “best and brightest” minds on how trading has changed.

Nathalie Texier-Guillot is head of U.S. equity derivatives structured sales at Citigroup Global Markets. She recently sat down with Traders Magazine to discuss the state of play in over-the-counter equities derivatives. We offer some excerpts in two parts.

BATS Global Markets said that its average daily matched volume was 651.8 million shares in March, dropping from the 727.4 million share level in February or down 10.3 percent. It is also down from the 754.3 million shares that changed hands in January.

Institutional broker Weeden & Co. has released a new algorithm designed to capitalize on the increased trading activity near and at the equity market close.

Agency broker ITG announced a new algorithm designed to help traders better trade during the close, or the final 15 minutes of the day.

Institutional broker BTIG has announced a preliminary list of celebrities slated to attend its annual Commissions for Charities Day. This year's event is slated for May 14.

ConvergEx Group is now offering an automated trading option for buysiders who want to trade before the equities mart opens.

On Jan. 15., nearly 300 attendees gathered in New York to honor the award winners for Traders Magazine's second annual "Wall Street Women: A Celebration of Excellence."

Since 2005, Perritt Capital Management's George Perritt has been building up a specialty: trading in large blocks, which now accounts for 35 percent of its activity. Here’s how the buysider manages it.

Look out, Credit Suisse. Barclays is closing in on U.S. dark pool supremacy. Simply put, Barclays' LX dark pool is now the second largest in the United States, behind only Credit Suisse's longtime leader, Crossfinder.