Blog

As the rise of black-box trading has transformed the industry, buy-side traders have had a tough time reinventing themselves. But even in the Age of Algos, there is still plenty of value for the buy-side trader to add.

Thanks to algorithms, quants and high-frequency trading there's no need to have a fleet of trading desks. Having traders stare at screens all day is just for pumping up the ego of the hedge fund owner, says George Michaels of G2 Systems.

The basketball legend led a group to the winning bid for the Los Angeles Dodgers.

After Friday's technical fiasco, BATS Global Markets was forced to withdraw the company's own I.P.O. and aplogize to its customers. But the computerized stock market shouldn't be crucified.

Say what you will about BATS' humiliating IPO, stock plunge and trading stop last Friday - the exchange operator is owning up to it and answering questions.

A professor at the Unversity of California has developed a model based on discovering patterns in Twitter, suggesting that mining social media feeds can pay off.

You know it's been a bad week when the mayor of New York City and the man whose name appears on their market data terminals has to stop by the office to cheer everyone up.

As algos and high-speed networks do the heavy lifting during the trading day, what does the Buy Side Trader do all day? While interviewing sources for the April 2012 cover story Meet the New Trader -- to be posted shortly -- Megan Costello, director of North America Client Services of Fidessa, shared her thoughts.

Not only are the SEC and a few pols pointing their radar guns at HFT firms, exchanges have them in their sights and the fast times might be over.

The idea that swaps trading will become more expensive and complicated for dealers and the buy side under the Dodd-Frank regulations is not a universal one throughout the industry.

Regulators including the SEC and the CFTC are struggling to keep up with and keep a grip on the warp-speed world of high-frequency trading -- and they are considering some severe measures as they struggle to understand just what HFT is.