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.
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.
Buy side firms need sophisticated tools to navigate the market structure as well as analytics and connectivity to alternative trading systems, but cost pressures are an obstacle to upgrading their OMS-EMS platforms, according to Greenwich Associates' study.
Buy side firms need sophisticated tools to navigate the market structure as well as analytics and connectivity to alternative trading systems, but cost pressures are an obstacle to upgrading their OMS-EMS platforms, according to Greenwich Associates' study.
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.
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.
Pipeline Moves to Divest Milstream November 18, 2011Following a management shakeup, Pipeline acknowledges that buy-side customers are not comfortable trading in the Block Market ATS as long as Milstream, the controversial trading affiliate, is given access.
ConvergEx Launches Portfolio AlgoOctober 19, 2011 ConvergEx is offering Spectrum, a new algo, to help portfolio managers precisely manage risk and cash balances, while executing in domestic dark venues.
State Street to Acquire Pulse TradingSeptember 21, 2011Financial services giant snatches up Pulse's block trading and blotter sweeping technology, thereby expanding the number of execution venues open to its institutional clients.
Orc Shuts Neonet's New York Trading DeskSeptember 13, 2011Swedish parent consolidates all trading on Stockholm desk for North American and European markets, and takes restructuring charge.
Instinet Sets Trading Record in AsiaAugust 22, 2011The firm cites uage of its Nighthawk liquidity aggregation algorithm to execute across 17 destinations in Asia.
Equinix Partners with Bloomberg September 28, 2010Will provide colocation, connectivity and interconnection services for Bloomberg data services and Bloomberg Tradebook.
A Bright Spot for Agency BrokersSeptember 03, 2010As agency brokers expand into the alternative research area, they are becoming alpha generators, which turns out to be a more stable, if not growing, piece of the total commission pie.
Slicing the Alpha-Generation PieSeptember 02, 2010In building out their research capabilities, agency brokers are encroaching on the bulge bracket's turf.
Instinet Grows Australian Trading Team February 22, 2010Instinet continues to grow its Australian brokerage subsidiary with the addition of four staff members to support its trading efforts.
Instinet Receives Full Australian Exchange MembershipFebruary 01, 2010Instinet has established its Instinet Australia Pty. Ltd, a full Australian Securities Exchange (ASX) member and is now able to service domestic Australian clients through a new onshore sales and trading desk.
Geyer Leaves JonesTrading October 26, 2009JonesTrading announced that Will Geyer, the firm's president and CEO, left the firm on October 15th to pursue other opportunities.
Fox River Launches New ETF Trading SystemSeptember 16, 2009Fox River Execution has collaborated with iShares to launch a new trading platform aimed at trading large blocks of ETFs.