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?
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?
With U.S. equity volumes in the dumps, the buy side increasingly is searching for liquidity in dark pools, stoking fears about a lack of execution transparency in the opaque markets. But buy-side traders are finding value in the dark -- if they know where to look.
Buy side firms need sophisticated tools to navigate the market structure as well as analytics and connectivity to alternative trading systems, but cost pressures are an obstacle to upgrading their OMS-EMS platforms, according to Greenwich Associates' study.
Buy side firms need sophisticated tools to navigate the market structure as well as analytics and connectivity to alternative trading systems, but cost pressures are an obstacle to upgrading their OMS-EMS platforms, according to Greenwich Associates' study.
Among the top trends on the buy-side trading desk in 2011, the biggest development is likely to be the increased reliance on transaction cost analysis to entice institutional investors and ensure best execution.
traders on broker coverage, revealed that buy side firms are not completely satisfied with sales traders and that brokers may be wasting resources on analytics and other services.
Among the top trends on the buy-side trading desk in 2011, the biggest development is likely to be the increased reliance on transaction cost analysis to entice institutional investors and ensure best execution.
The investment bank confirms its plan to continue reporting volumes in its dark pool LX, on a monthly basis, following the decision by the No. 1 dark pool operator Credit Suisse to go dark.
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.
A sharp decline in volatility in January set the stage for dark pools to gain market share in January, especially those focusing on institutions and block trading, according to Rosenblatt Securities' report.
A study conducted by CFA Institute of undisplayed trading in dark pools and via broker-dealer internalization found that market quality deteriorates once more than 50 percent of stock's volume is traded in the dark.
The bank launched Citi Cross, which it says is the first dark pool to offer buy and sell-side clients a more equitable allocation, not based on their queue position.
The dark pool operator said a growing number of U.S. institutional investors are turning to its venues to access liquidity, while volumes sag elsewhere.
The firm said the name change reflects significant operational changes for the company, which had been the first dark pool to ever find itself in hot water with the SEC.
Liquidnet, a firm that enables institutions to anonymously trade large blocks of stock, is looking to give revenues a shot in the arm through two executive appointments.
ConvergEx is offering Spectrum, a new algo, to help portfolio managers precisely manage risk and cash balances, while executing in domestic dark venues.
Financial services giant snatches up Pulse's block trading and blotter sweeping technology, thereby expanding the number of execution venues open to its institutional clients.
ConvergEx Group announced it beefed up its liquidity-seeking algorithm Darkest to enable traders to simultaneously access most of the dark liquidity spread throughout Europe and Asia in a single order.
The low-cost alternative trading system for Canadian exchange-listed equities and fixed income instruments will no longer charge a monthly $350 (CDN) subscriber fee.