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.
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.
Regulation of dark pool trading in Europe is still in progress, with equity investors closely watching actions by the European Commission, European Parliament and the Presidency of the Council of the European Union.
Distinguishing between "dark and lit" trading venues in strategy discussions must consider the order size because small trades parsed algorithmically across venues have a different impact on information leakage than block trades.
There is renewed move to integrate finance and risk data at sell-side firms for cash optimization and, equally as important, transparency. So how can you get these two groups to cooperate to achieve a unified view?
In Part II of their series, Capco consultants examine Canada’s new rules on dark pools, comparing the similarities and differences in the way that dark pools are regulated in Canada versus the United States.
We asked respondents how their firm determines total cost of ownership (TCO) for their current infrastructure. Of the two-thirds who have no capability to determine TCO, my favorite response from them was, "Huh?"
The sense that inertia and incrementalism are the only approaches to solving market inertia does not necessarily have to be the case. What may be required is a systemic review of market structure itself.
US equity markets soared to new highs in March, while the conflict in Cyprus raised concerns that led investors to flee the eurozone and seek safety in US credit and debt markets, writes Michael Levas,, CEO of Olympian Capital Management.
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.
The study by Charles Jones cite the usual benefits of HFT: enhanced liquidity and more efficient markets. But what about the conflicts of interest and order types designed specifically for the benefit of high frequency players?