Featured Articles

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  • Buy Side Gives Mixed Reviews to Sales Traders, Casting Doubt on Value Added Analytics
    By Ivy Schmerken | May 22, 2013
    A new report by Woodbine Associates based on surveying 41 buy side 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.
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  • Prosecutors Circling, SAC Hedge Fund May Shut Down
    By Phil Albinus | May 21, 2013
    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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  • Market Structure Drives the Buy Side to Seek New OMS/EMS Systems —Study
    By Market Structure Drives the Buy Side to Seek New OMS/EMS Systems —Study, Ivy Schmerken | May 20, 2013
    Buy side firms need sophisticated tools to navigate the market structure as well as analytics and connectivity to alternative trading venues, but cost pressures are an obstacle to upgrading their OMS/EMS platforms, according to Greenwich Associates' study.
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  • Is Your Bloomberg Terminal Spying On You?
    By Phil Albinus | May 14, 2013
    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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  • The SEC Just Brought The Hammer Down On The Stock Exchanges
    By Joe Saluzzi | May 13, 2013
    While it’s been a long time coming, we are glad to finally see that the SEC has decided to get more involved in exchange regulation.
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  • Credit Suisse Sues Former VP Over Secrets
    By Phil Albinus | May 10, 2013
    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?
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  • BATS Chi-Ex Europe Wins Recognized Investment Exchange Status in U.K.
    By Ivy Schmerken | May 09, 2013
    The change in status will allow the pan-European MTF to compete directly with stock exchanges across Europe including the LSE and Deutsche Borse.
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  • Is Trading Via Microwaves Ready for Prime Time?
    By Phil Albinus | May 08, 2013
    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?
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  • And The Buy-Side Trading Technology Advantage Goes To....?
    By Gavin Little-Gill | May 06, 2013
    In a world where trading alpha creates a competitive advantage, trading skills and acumen may be king, but trading tools are the great enabler and equalizer.
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  • Countering HFT Exclusives, CME-Nasdaq Launch Microwave Connectivity for Market Data
    By Ivy Schmerken | May 03, 2013
    Citing customer demand, CME and Nasdaq are linking their Carteret and Aurora data centers to transmit market data over a microwave network in under 4.25 milliseconds, which is faster than fiber.
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  • HFTs Chase Speed Despite Risks and Regulations
    By Phil Albinus | May 02, 2013
    Like an addict chasing the next high while evading their family, the police and reality, high frequency traders are in a similar state of denial.
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  • HFT Debate: Two Experts Square Off On Market Structure
    By Ivy Schmerken | May 01, 2013
    Professor Bernard Donefer of Baruch College and Sal Arnuk, Partner at Themis Trading went head-to-head on regulation, technology and politics surrounding the controversial practice of HFT.
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  • Nasdaq OMX Launches ETF Exchange
    By Phil Albinus | April 30, 2013
    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.
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  • CBOE Explains Systems Outage was Due to a Software Bug; Expert Says More Needs to be Done to Prevent Incidents
    By Ivy Schmerken | April 26, 2013
    One software expert said that CBOE's software problem was a sign that exchanges are rushing out software and that the SEC needs to do more with compliance to set a level playing field.
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  • Can Group Finance and Risk Management Get Along?
    By Sean O'Dowd | April 26, 2013
    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?
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  • CBOE Outage Forces Institutions to Scramble for Alternatives
    By Ivy Schmerken | April 25, 2013
    A systems delay at the CBOE shutdown trading in the big stock index options contracts for three and one-half hours, raising questions about the safety of electronic markets.
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  • BlackRock Strikes Alliance with MarketAxess for Corporate Bond Trading, Scraps Plans for ATN
    By Ivy Schmerken | April 24, 2013
    The money manager is partnering with MarketAxess to seamlessly integrate its fixed income trading portal with BlackRock's Alladin system to source liquidity in corporate bonds, while nixing plans for its own buy-side crossing network.
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  • Wells Fargo Slashes Money Manager Programs, Angers Brokers
    By Phil Albinus | April 19, 2013
    Meanwhile, the number of investors pulling money out of hedge funds levelled off last month.
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  • Regulators vs HFT Firms Debate: Who Blinks First?
    By Phil Albinus | April 19, 2013
    The confusion around high frequency trading and algorithmic trading is not helping the discussion of new regulations.
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  • Can We Do Better? Stealing Other People's Property
    By Brooke Allen | April 16, 2013
    Banks have long been creating products that are so complex that clients, risk managers and even some of the firm's own salespeople can't understand what is actually in them.
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  • Paulson Eyes New Hedge Fund for Tax Exiles
    By Phil Albinus | April 12, 2013
    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.
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  • Nasdaq, CME Building Superfast HFT Link
    By Phil Albinus | April 11, 2013
    High-speed traders are going to see new boost in their market information rates thanks to a straight line of microwave towers between CME’s datacenter in Illinois and Nasdaq’s in New Jersey.
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  • New Limit Up/Limit Down Rules Start Today
    By Michael J. Levas | April 08, 2013
    New limit up/limit down rules will add additional complexities to the markets in an attempt to curb volatility. Let's see how they actually work.
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  • Corzine Lit Matches for MF Global Meltdown: Report
    By Phil Albinus | April 04, 2013
    Former G man Louis Freeh’s report on the spectacular meltdown of MF Global is out - and Jon Corzine does not get off easy.
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  • High Frequency Trading Loses Its Luster
    By Ivy Schmerken | April 04, 2013
    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.
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