Archive: Ivy Schmerken
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Debating "The Great Rotation": Will it Lift Trading Volumes?
June 17, 2013 @ 19:24 PM | By Ivy Schmerken

A shift from fixed income into equities is unlikely to lift trading volumes and brokerage commissions up to previous highs, according to a Greenwich Associates report.

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Trading Talent Disconnect on Wall Street: Is It Really a Lack of Qualified Workers?
June 17, 2013 @ 09:00 AM | By Greg MacSweeney

If no one is investing in their employees or providing training, where will the next wave of talent come from?

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Q&A: Market Surveillance Demands 20-20 Vision
June 14, 2013 @ 12:08 PM | By Phil Albinus

Just because regulators are gaining an IT advantage in market surveillance it doesn't mean that broker-dealers can relax. If they want to avoid fines and keep their trading license, remaining vigilant against suspicious trades and compliance infractions is still Job One.

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Disclosing Dark Pool Volumes, Only A Matter of Time
June 13, 2013 @ 12:50 PM | By Ivy Schmerken

A panel of Wall Street executives warmed up to the idea of reporting dark pool volumes on a monthly basis, as they debated U.S. equity market structure.

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Have We Hit Peak HFT?
June 11, 2013 @ 12:50 PM | By Phil Albinus

The number of shares traded via high-frequency trading are down and politicians want to roll out a tax to serve as a speed bump. Some are wondering if microsecond dealings are poised to fade away.

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The Dark Pools’ Choice: Go Into the Light or Down the Drain
June 07, 2013 @ 10:36 AM | By Phil Albinus

In a letter to the operators of 15 dark pools, Finra asked for more detail about who knows what happens in these unlit exchanges.

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Wall Street's Obsession: SAC's Redemption Total
June 04, 2013 @ 14:34 PM | By Ivy Schmerken

If investors pull billions from SAC Capital Advisors, sell side firms stand to lose revenues since hedge fund is a major generator of trading volumes, prime brokerage and commissions.

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Paul Volcker Sounds Off on Regulators and the Volcker Rule
May 31, 2013 @ 10:36 AM | By Ivy Schmerken

The former Federal Reserve Chairman said that six regulatory bodies in the U.S. was too many, which he blamed for the stalemate in implementing Dodd Frank.

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Mobility Meets BYOD: Trade U.S. Equity Options on Your iPhone or iPad
May 28, 2013 @ 13:52 PM | By Ivy Schmerken

Eyeing U.S. options traders who need speed, startup iVerit is offering real-time mobile data and professional analytics to consumers of Apple mobile devices.

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Is The Trading Floor Any Place For A New Mother?
May 28, 2013 @ 13:22 PM | By Phil Albinus

An old-school hedge fund hotshot set off a firestorm saying that women traders lose their edge when they have children. The same goes for divorced dads. Is he right?

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EU Dark Pools Regs Blast Buy Side
May 28, 2013 @ 10:24 AM | By Phil Albinus

The proposed 5 percent cap on dark pool trading could have a sharp impact on asset managers who need the anonymity of unlit trading venues, say critics.

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Bloomberg's Chat-Based FX Trading Tool Attracts Citi, As Banks Reportedly Seek Chat Alternatives
May 23, 2013 @ 13:07 PM | By Ivy Schmerken

Bloomberg announced IB Dealing, a new chat-based FX trading tool for subscribers with Citigroup as a client, amid reports that Citi and other Wall Street banks are building their own alternative chat platforms.

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Prosecutors Circling, SAC Hedge Fund May Shut Down
May 21, 2013 @ 11:53 AM | By Phil Albinus

After several high-profile arrests for insider trading, the head of the rich yet beleaguered SAC hedge fund may call it quits to avoid jail time.

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The Rich Past and Uncertain Future of the NYSE
May 17, 2013 @ 15:37 PM | By Phil Albinus

On the anniversary of its founding, the New York Stock Exchange shows signs of strength in an uncertain world.

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Regulators Compromise on Swaps RFQ Rule, So Are the Banks Winning?
May 17, 2013 @ 12:40 PM | By Ivy Schmerken

CFTC commissioners compromised on key rules that now require asset managers to contact two banks for prices on derivatives, rather than five, which was opposed by banks and lobbyists.

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HFT Firms Flood DC with Donor Dollars
May 17, 2013 @ 11:35 AM | By Phil Albinus

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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Is it Time to Tweak, Keep or Scrap Reg NMS?
May 16, 2013 @ 13:58 PM | By Ivy Schmerken

The emphasis on speed, order protection, and technology that Regulation NMS brought to U.S. equities is analyzed in an indepth report by Tabb Group, which says it's time to debate the rule's effectiveness.

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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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