COVER STORY GETCO's
Arrival on the NYSE Floor Raises Tensions on the Buy SideAs GETCO raises its profile on the NYSE floor as a designated market maker, buy-side institutions worry about interacting with a high-frequency trading firm. ALGORITHMIC TRADINGA New FIX for Algo TradingBuy-side firms, broker-dealers and vendors get behind a new Financial Information eXchange protocol for deploying algorithms faster and more cost effectively. DIRECTORYTransaction Cost Analysis ProvidersAT's latest directory profiles the major transaction cost analysis vendors, both independent and broker-dealer services. It provides a description of each service, how data is collected, how frequently the data is distributed and more. |
FROM THE EDITORControversy Breeds ChangeWith Goldman Sachs in the hot seat and regulators intensifying the push for financial reform, it's only a matter of time before big changes hit the Street. MARKET INTELLIGENCEInstinet to Launch Corporate Access Platform, Changing Sell-Side Driven ProcessMeet the Street will automatically match CEOs and CFOs with institutional investors. Deutsche Bank's Super X Algo Hits the Street Deutsche Bank's Autobahn Equity electronic trading business has launched its new Super X (Super Cross) algorithm to improve access to dark liquidity for its clients. Study: HFT Benefits Traditional Trader A new report from Woodbine Associates finds that high-frequency trading in general has improved execution quality and reduced volatility, enabling the more traditional investment trader to benefit from reduced execution costs and increased alpha preservation. LARRY TABB'S STREET CREDFinancial Reform: A Colossal Failure of LeadershipThe leaders of the financial industry are largely to blame for accelerating the financial crisis and bringing on the regulatory changes that it now faces, writes TABB Group founder and CEO Larry Tabb. IVY SCHMERKEN'S AT THE CLOSEHigh-Frequency Trading Firms Step Out of the ShadowsIn response to an SEC concept release, high-frequency trading firms are providing the regulator with an unprecedented inside look into their strategies. |
