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.
Facing a dilemma of how to compete with dark pools and internalizers, exchanges are planning their own dark venues to offer better prices to retail investors.
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.
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.
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.
Credit Suisse CEO Pay Jump to Fuel Banker Bonus DebateMarch 22, 2013Credit Suisse raised
the pay of its chief executive by a third in 2012, a move likely
to stoke public and political anger over banker pay after a year
in which the Swiss group's profits fell and its shares stalled.
Funds Pick Credit Suisse over UBS on Revamp RisksMarch 12, 2013An overhaul that marks the end
of Swiss bank UBS's big-league investment banking
ambitions is prompting fund managers to switch their cash to
shares in crosstown rival Credit Suisse.
Are Algos Phasing Out Humans on Credit Desks?November 09, 2012As Dodd-Frank impacts the cost structure of derivatives trading, dealers are slashing million dollar salaries in favor of building cheaper algorithms.
Credit Suisse Ranks as Top Broker for U.S. Equity Trading —StudyMay 29, 2012Buy-side traders surveyed by Greenwich Associates gave Credit Suisse 9.5 percent of their U.S. equity trading share, while Bank of America Merrill Lynch and J.P.Morgan tied for second place with 8.9 percent.
Job Cuts: Wall Street's Cruel SummerSeptember 01, 2011The banks may be posting decent (if mildly disappointing) profits, but they're aggressively slashing job rolls to rein in costs.
Holidays Arrive Early for JPMorgan's Investment BankersDecember 01, 2010In addition to the fat year-end bonuses it doles out in either good markets or nasty recessions, JPMorgan & Chase Co. has another pricey stocking stuffer in mind for its investment bankers this year: Apple Inc.'s iPad.
VelocityShares to Launch Volatility-Related ETNsNovember 23, 2010Offering 2x leverage linked to the S&P 500 VIX Futures Index, the exchange traded notes are to enable institutional traders to manage their daily equity market trading risks.
Hiring Is Back on the Agenda for 2011November 02, 2010Sagging trading volumes and disappointing revenues have dampened expectations on Wall Street for a quick recovery. But industry insiders are cautiously optimistic about the hiring outlook for trading desks next year.
Bloomberg Tradebook Sheds Light On Dark Pools With B-Dark Algorithm August 31, 2010Agency broker Bloomberg Tradebook is shedding new light on dark pools with the launch of the B-Dark algorithm, a platform the firm says allows traders to execute dark liquidity orders with more control and visibility.
Six Firms to Publish European Crossing Volumes May 24, 2010Six firms have launched an initiative to improve transparency in post-trade over-the-counter equity markets by reporting the volumes of cash equity trades crossed in their automated crossing systems through a service provided by Markit.
