COVER STORY
Facing Commission Squeeze, Traders Decrease Electronic TradingIn a setback for electronic trading, buy side firms are increasing their use of high-touch sales traders to pay research bills. RISK MANAGEMENTAjna Partners Upgrades Portfolio Risk SystemAjna Partners, the New York City global equities hedge fund, upgrades its risk system to keep a tight rein on its portfolio. ELECTRONIC MARKETPLACESDark Pools Don't See Bright Future in CanadaDespite several dark pool launches north of the border this year, growth of the sector in Canada could be impeded by stiff regulation and a well-entrenched 'upstairs market.' INDUSTRY VOICEThe Keys to Hedge Fund Software SelectionHedge funds must realize that one size doesn't fit all when selecting a business-critical system. AT THE CLOSEInsider Trading On Regulators' RadarRegulators are on the prowl for suspicious trading. Hedge funds ignore surveillance and monitoring systems at their own peril. |
FROM THE EDITORTo a Quiet and Productive Fall for Wall StreetAs children return to school this fall, I doubt many people (on Wall Street, anyway) will miss this summer. ANATOMY OF A TRADING FLOORTake a Tour of Bloomberg Tradebook's Trading Floor in ManhattanBloomberg Tradebook runs a global institutional agency brokerage business from its trading floor on Manhattan's midtown east side, focusing on multi-asset class executions in equities, futures, options and FX. FEATUREBuy-Side Firm Survey: Life on Wall Street in 2011Wall Street has seen unprecedented upheaval and change since the financial collapse of 2008. To find out how the buy side is coping, Advanced Trading surveyed a sample of buy-side firms about their trading practices, IT strategies and compliance plans. EXECUTIVE CLOSE-UPGoing Long: Former NFLer Tackles Wall StreetFormer NFL cornerback Eugene Profit has grown his firm, Profit Asset Management, from a $100,000 start-up into a multi-billion dollar asset manager boasting a wide range of institutional clients. MARKET INTELLIGENCEJob Cuts: Wall Street's Cruel SummerThe banks may be posting decent (if mildly disappointing) profits, but they're aggressively slashing job rolls to rein in costs. The Buy-Side Drags Its Feet On Regulatory-Driven Investments With regulators missing Dodd-Frank rulemaking deadlines, the struggling capital markets sector is in no rush to make costly infrastructure and software investments needed for compliance. STREET CREDEquity Volumes: Staring Into the AbyssThere is only so much cost that can be taken out of the equation without some firms throwing in the towel, writes contributing editor Larry Tabb. |
