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?
ConvergEx Reduces Latency of Millennium ATS By 75%May 22, 2013Sell-side firm revamped the infrastructure behind Millennium ATS to support the needs of low-latency and immediate or cancel (IOC) customers.
PDQ Enterpises Inks Deal with Orbis SystemsApril 01, 2013Retail institutional clients will gain direct access to PDQ's ATS and "electronic algorithmic trading crowd" via the Orbis trading platform.
Wall Street Retreats on Euro-Zone ConcernsMarch 27, 2013U.S. stocks dipped on Wednesday as soft demand at an Italian debt auction kept concerns about the financial stability of the euro zone at the center of investor focus.
The Analytics Solution To Elusive AlphaFebruary 28, 2013Unless you're consistently more lucky than good, using newer data analytics tools seems like your best bet at finding new alpha.
BATS Glitch is Latest to Highlight the Complexity of the MarketsJanuary 11, 2013The complexity of modern
markets means there are bound to be more events such as the
systems error that led to hundreds of thousands of trades being
executed improperly on BATS Global Markets over the past four
years, the head of the No. 3 U.S. equities ex
Another Technical Issue From BATS Rattles ConfidenceJanuary 10, 2013Yesterday, BATS Global Markets notified clients that hundreds of thousands of transactions may have been executed at inferior prices, raising concerns about the resiliency of computerized trading.
Latest PDQ Trading Algorithms Take Aim at Costs, SpeedOctober 18, 2012In a low volume equity trading environment, PDQ says its new algos will help retail and institutional investors cut costs and speed up their executions.
Another Dark Pool Scandal Erupts Over Information SharingOctober 04, 2012The SEC's settlement with dark pool operator eBX over charges that Level ATS shared confidential client information with a third-party technology provider, raises trust issues for money managers.
SEC Pushes Market Technology Roundtable to Oct. 2September 12, 2012In the aftermath of several high-profile technological mishaps in the marketplace, the SEC's roundtable next month will seek ways to prevent costly trading mistakes, and come up with best practices for handling crises in real-time.
SEC Tech Roundtable Takes Aim at Preventing Knight SequelsAugust 30, 2012In the aftermath of several high-profile technological mishaps in the marketplace, the SEC's roundtable next month will seek ways to prevent costly trading mistakes, and come up with best practices for handling crises in real-time.
With Exchange Volumes Down, Lightspeed Turns to ATSJuly 26, 2012In a push to find liquidity amid falling trading volumes on public exchanges, Lightspeed will route orders through the PDQ alternative trading system.