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Asset Managers and Hedge Funds Face Swaps Clearing Deadline
May 14, 2013 @ 14:02 PM | By Ivy Schmerken

Buy side firms preparing for mandatory swaps clearing need to finalize selections of CCP and FCMs as well as onboard clients and test systems by June 10 deadline, according to Woodbine Associates' whitepaper.

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Is Your Bloomberg Terminal Spying On You?
May 14, 2013 @ 12:50 PM | By Phil Albinus

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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Welcome to the New Quants: Data Scientists
May 13, 2013 @ 12:10 PM | By Ivy Schmerken

There's a lot of buzz around the role of the data scientist, which is wrapped up with Big Data and developing new approaches for analysis of financial markets.

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Credit Suisse Sues Former VP Over Secrets
May 10, 2013 @ 12:28 PM | By Phil Albinus

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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Europe's MTS to Launch an E-Bond Platform for U.S. Institutions as Interest Heats Up
May 10, 2013 @ 11:57 AM | By Ivy Schmerken

The European electronic fixed income marketplace will allow the buy side to directly access prices and execute European and U.S. government, agency, mortgage, and corporate bonds with major dealers.

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DTCC Sues CFTC Over Swap Data Repository Rules
May 03, 2013 @ 11:35 AM | By Ivy Schmerken

The industry-owned utility is asking a federal court to overturn the CFTC's approval of rules allowing CME and ICE to run SDRs.

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HFTs Chase Speed Despite Risks and Regulations
May 02, 2013 @ 11:58 AM | By Phil Albinus

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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Bracing for Apple's Earnings Report, Academics React to Stock's Falling Price
April 22, 2013 @ 13:58 PM | By Ivy Schmerken

Some academics are blaming the irrational exuberance of retail investors combined with the short selling of hedge funds for the decline in Apple Computer's stock price last week.

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JP Morgan Forms Electronic Trading Management Committee
April 19, 2013 @ 13:39 PM | By Ivy Schmerken

The new committee will share best practices in electronic and algorithmic trading across asset classes and make decisions on investments in systems for competitive advantage.

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Estimize's Data Licensing Deal with Bloomberg Validates Social Finance
April 18, 2013 @ 11:48 AM | By Ivy Schmerken

The crowdsourced earnings estimates platform agreed to license its data for display on the respected Bloomberg Professional service, which is a sign that social finance is a growing trend.

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Corporate Bond Market Needs Price Discovery Overhaul —Report
April 16, 2013 @ 13:03 PM | By Ivy Schmerken

As buy side firms scramble for liquidity in corporate bonds, a new report Tabb Group lays out the need for a new price discovery mechanism with new tools and pricing sources to replace traditional phone-based quoting.

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Electronic Trading of FX Jumps in Asia from 38% to 45% — Report
April 15, 2013 @ 11:34 AM | By Ivy Schmerken

Despite a slight slowdown in global FX trading activity last year, large numbers of institutions and companies in the U.S., Europe and particularly in Asia continued to adopt e-trading, according to Greenwich Associates research.

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Once Swaps are in the Clearinghouse, the Real Work Begins
April 12, 2013 @ 16:45 PM | By Ivy Schmerken

This week trueEX said it plans to launch a service to provide termination, compaction, re-balancing and backloading to CME clearing clients.

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So You Want to be a Billionaire?
April 12, 2013 @ 10:00 AM | By Ivy Schmerken

Founders of iBillionaire are offering a free mobile app to track the equity holdings of Warren Buffet and hedge titans like David Tepper based pulling data from their SEC filings. But, is this misleading the masses?

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Nasdaq, CME Building Superfast HFT Link
April 11, 2013 @ 10:12 AM | By Phil Albinus

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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Nasdaq's eSpeed Acquisition Gets Pro and Con Reactions
April 03, 2013 @ 13:15 PM | By Ivy Schmerken

The exchange operator's plans to acquire the electronic trading platform for U.S. Treasury bonds and notes raised concerns with analysts at credit rating agencies. But the move will also diversify Nasdaq away from stocks into fixed income products.

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Estimize Looks to Tap the Wisdom of the Buy Side Crowd
April 02, 2013 @ 13:18 PM | By Ivy Schmerken

An Internet startup is challenging the traditional Wall Street earnings estimates model by reaching out to asset managers and hedge funds to build a buy-side consensus.

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The Buy Side Wants Transparency, So Get Ready for Big Data
February 01, 2013 @ 16:52 PM | By Ivy Schmerken

Equity traders are concerned about how many "hops" their orders are taking in the electronic marketplace, so FIX message tags are a hot topic on the buy side.

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Swap Dealers Go to Washington, Demand a Level Playing Field
February 01, 2013 @ 14:13 PM | By Ivy Schmerken

Derivatives firms are concerned that lower margin levels and block trading thresholds will make futures cheaper and potentially hurt swap contracts.

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Debate Over Market Data Fees to Resurface in Court Case
November 13, 2012 @ 12:32 PM | By Ivy Schmerken

Lawyers representing a group of brokers, bankers and money managers, along with tech giants, will deliver closing arguments today in a court case fighting new market data fees charged by stock exchanges.

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