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 profits down due to lower volumes and declining volatility in U.S. stocks, high-frequency traders face growing pressure to find new markets and innovate when speed is not enough.
Industry participants question whether identifying dark pools in real-time trade reports will give too much information to high-frequency traders and gamers.
In the midst of a bad economy and lower trading volumes, the buy side balances the need to cut costs and consolidate OMS and EMS platforms, while chasing the best integrated solution.
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.
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.
Advanced Trading takes you on an exclusive tour of Abel Noser’s New York trading floor, where the agency broker known for transaction cost analysis, is customizing algorithms for the buy side, while growing its fixed income trading and transitions business.
The U.S. patent was issued to Eze Castle Software Group for proprietary technology in RealTick EMS that allows traders to stage electronic orders in a neutral account without committing to a specific broker.
Hedge fund manager Linear Investments picked the multi-asset EMS, integrated with position management and OMS functionality, compliance and risk, all delivered via the cloud.
The wealth management firm will manage its institutional equity and fixed income business through Linedata's consolidated platform covering portfolio management, trading, pretrade compliance and reporting.
Newedge said it cleared its first OTC interest rate swap on CME Clearing as it expands to take advantage of new regulations amid reports that the company is up for sale.
A new community focused on the the needs of traders will allow members to interact and share ideas on some of the most important issues facing the industry.
The institutional brokerage could fetch up to $1 billion by selling both platforms, although it's unclear how much demand there will be for RealTick given the trading slowdown, according to Traders Magazine.
How can buy-side firms stop rogue traders before they go too rogue? The good news: Rogues can be found but the bad news is no one can ignore the problem any longer.
Paolo Gilardi spent 20 years on the buy side, then worked at ING Capital Markets and Credit Agricole, before joining EMS provider TradingScreen to drive FX sales.
Execution management system provider TradingScreen, which had been looking to expand its Brazilian offering, said BM&FBovespa authorized it to provide direct market access to clients through a data center in Sao Paulo.
Boca Raton-based brokerage firm offers SunGard WealthStation to financial advisor, with trading and reporting functionality, and Valdi OMS for agency and riskless principal trades.
FlexEdge provides short-term return forecasts across overnight and intraday time horizons, as well as intraday volume forecasts for use on the buy and sell sides.