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May 17, 2013
On the anniversary of its founding, the New York Stock Exchange shows signs of strength in an uncertain world.
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May 17, 2013
While lawmakers and regulators take a long hard look at high-frequency trading, the firms that trade near the speed of light are donating money like never before.
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May 14, 2013
After Goldman Sachs discovered that Bloomberg journos were keeping track of their viewing habits over their Bloomberg terminals, traders have some decisions to make about the company that provides their market data, trading tools, IM and more.
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May 10, 2013
She took a job with rival Goldman Sachs and allegedly e-mailed customer files to herself. And now CS wants to stop her. Can they?
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May 08, 2013
As traders look for the fastest way to trade, one connectivity provider may have an answer: Sending data and trade orders via microwaves. So, what happens when it rains?
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May 02, 2013
Like an addict chasing the next high while evading their family, the police and reality, high frequency traders are in a similar state of denial.
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April 30, 2013
The market maker has recast one of its three exchanges for the trading of exchange-traded funds. Just in time as it takes on dark pools before the SEC.
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April 19, 2013
Meanwhile, the number of investors pulling money out of hedge funds levelled off last month.
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April 19, 2013
The confusion around high frequency trading and algorithmic trading is not helping the discussion of new regulations.
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April 12, 2013
Wounded by huge losses and some staggering tax bills, Paulson eyes new fund to help other tax victims. Plus, funds attract $11B in February and the SEC seeks a hedge fund budget boost.
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April 11, 2013
High-speed traders are going to see new boost in their market information rates thanks to a straight line of microwave towers between CME’s datacenter in Illinois and Nasdaq’s in New Jersey.
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April 09, 2013
Do you hear that sound coming from Wall Street? It’s the sound of JPMorgan Chase directors scrambling hard so that Jamie Dimon gets to keep both his CEO and chairman jobs for America’s largest bank.
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April 04, 2013
Former G man Louis Freeh’s report on the spectacular meltdown of MF Global is out - and Jon Corzine does not get off easy.
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April 02, 2013
A survey reveals the depressing state of a hedge fund trader’s mind: They’ve seen misconduct, would break rules to get ahead and doubt the SEC can do anything to fix the industry.
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March 29, 2013
Federal agents arrested the portfolio manager of the largest hedge fund in the country. After a week of buying mansions and Picassos, is SAC Capital founder Steve Cohen next?
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March 28, 2013
One of the world’s largest hedge funds Winton Capital announced that its Henri Capital spinout will close after two years of trading due to a lack of clients.
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March 26, 2013
UBS, Citi and others are not pleased with the $62 million settlement and may still sue.
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March 21, 2013
Nearly one million dollars later, Ukrainian beauty Renata Shamrakova admitted in Manhattan Supreme Court to embezzlement while working as the personal assistant to hedge fund manager Todd Meister.
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March 21, 2013
Bad lads, poor handwriting and preening managers - let's take a look at operational risk on the floor of a London brokerage.
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March 19, 2013
When the London Whale's losses came to light, the higher-ups inside JPMorgan looked around to share the blame.
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March 15, 2013
A blistering Senate report rakes JPMorgan Chase over the coals for ignoring risk and hiding losses caused by the notorious London Whale.
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March 14, 2013
President Obama's choice to run the SEC has her strengths and weaknesses - but what exactly will Mary Jo White's stamp be on the embattled financial regulatory agency?
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March 13, 2013
As the market burns up the DOW, the SEC and other regulators will see their budgets slashed during the sequester. What happens if the government shuts down?
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March 08, 2013
A long-running divorce between two hedge fund giants isn't over who gets the mansion or the yacht - but who gets to keep the trading algorithms.
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March 06, 2013
The jig’s up. The SEC’s team of quants is briefing the FBI and other regulatory bodies about how you trade and evade at high speeds.