Archive: people
»  Weblog Main   |   »  View Entries By Topic   |   »  View Entries By Date

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.

continued...
Comment on this blog entry


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?

continued...
Comment on this blog entry


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.

continued...
Comment on this blog entry


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.

continued...
Comment on this blog entry


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?

continued...
Comment on this blog entry


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.

continued...
Comment on this blog entry


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.

continued...
Comment on this blog entry


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?

continued...
Comment on this blog entry


3rd Birthday of Flash Crash: Is the Stock Market Safer?
May 06, 2013 @ 12:47 PM | By Ivy Schmerken

Three years later since that catastrophic event, exchanges have eliminated stub quotes and implemented safe guards such as limit-up/limit down. But there's inertia on many other issues.

continued...
Comment on this blog entry


Survey: How Should We Educate the Next Generation Buy Side Trader?
April 25, 2013 @ 12:30 PM | By Ivy Schmerken

With the faster and more complex electronic markets, what is the future skill set needed for the buy side trader?

continued...
Comment on this blog entry


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.

continued...
Comment on this blog entry


Wells Fargo Slashes Money Manager Programs, Angers Brokers
April 19, 2013 @ 11:06 AM | By Phil Albinus

Meanwhile, the number of investors pulling money out of hedge funds levelled off last month.

continued...
Comment on this blog entry


Paulson Eyes New Hedge Fund for Tax Exiles
April 12, 2013 @ 13:11 PM | By Phil Albinus

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.

continued...
Comment on this blog entry


Jamie Dimon Scrambles to Keep CEO-Chairman Role
April 09, 2013 @ 10:56 AM | By Phil Albinus

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.

continued...
Comment on this blog entry


Corzine Lit Matches for MF Global Meltdown: Report
April 04, 2013 @ 15:00 PM | By Phil Albinus

Former G man Louis Freeh’s report on the spectacular meltdown of MF Global is out - and Jon Corzine does not get off easy.

continued...
Comment on this blog entry


Spurred By Bonuses, Hedge Fund Traders Feel Pressure to Break Rules
April 02, 2013 @ 14:01 PM | By Phil Albinus

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.

continued...
Comment on this blog entry


Closing In On SAC, FBI Arrests Portfolio Manager
March 29, 2013 @ 08:50 AM | By Phil Albinus

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?

continued...
Comment on this blog entry


Winton Capital’s Hedge Fund Closes Amid No Interest
March 28, 2013 @ 12:09 PM | By Phil Albinus

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.

continued...
Comment on this blog entry


Dark Pools Open Up About Surveillance Methods
March 27, 2013 @ 13:45 PM | By Ivy Schmerken

Brokers operating dark pools have come out with more sophisticated methods for preventing trades at bad prices and profiling client behavior — both in response to buy side concerns and regulatory scrutiny.

continued...
Comment on this blog entry


Cohen Buys Picasso's Painting 'Le Rev' for $155 Million
March 26, 2013 @ 12:49 PM | By Ivy Schmerken

Is it "coincidental" that hedge fund billionaire Cohen returns to the art scene after settling two insider trading cases for $616 million?

continued...
Comment on this blog entry