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?
The study by Charles Jones cite the usual benefits of HFT: enhanced liquidity and more efficient markets. But what about the conflicts of interest and order types designed specifically for the benefit of high frequency players?
The exchange operator said China Merchant Securites is the latest firm to use the SMARTS Broker platform to monitor illegal trading activity by their clients and traders.
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.
A proposal by Nasdaq OMX to offer benchmark order that are similar to algorithms offered by brokers, raised regulatory, risk and competitive issues at the SEC.
Among the top trends on the buy-side trading desk in 2011, the biggest development is likely to be the increased reliance on transaction cost analysis to entice institutional investors and ensure best execution.
Czech Republic's RSJ Chooses KX Systems for Algo TradingMay 24, 2013A big derivatives trader on NYSE Liffe and other derivatives markets, RSJ is using KX's high-performance database and language to collect and query vast quantities of data and to test models and strategies.
Is Trading Via Microwaves Ready for Prime Time?May 08, 2013As 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?
Differences Between Dark and Lit TradingMay 02, 2013Distinguishing between "dark and lit" trading venues in strategy discussions must consider the order size because small trades parsed algorithmically across venues have a different impact on information leakage than block trades.
HFTs Chase Speed Despite Risks and RegulationsMay 02, 2013Like an addict chasing the next high while evading their family, the police and reality, high frequency traders are in a similar state of denial.
HFT Debate: Two Experts Square Off On Market StructureMay 01, 2013Professor Bernard Donefer of Baruch College and Sal Arnuk, Partner at Themis Trading went head-to-head on regulation, technology and politics surrounding the controversial practice of HFT.
Corporate Bond Market Needs Price Discovery Overhaul —ReportApril 16, 2013As buy side firms scramble for liquidity in corporate bonds, a new report Tabb Group lays out the need for a new price discovery mechanism with new tools and pricing sources to replace traditional phone-based quoting.
Barclays Unveils Automated Capital Commitment for Algo TradingApril 12, 2013The feature —available for equity algorithmic trading — allows buy-side clients to gain access to liquidity while transferring risk and lowering the cost of execution on each algorithmic order.
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.
Winton Capital’s Hedge Fund Closes Amid No InterestMarch 28, 2013One of the world’s largest hedge funds Winton Capital announced that its Henri Capital spinout will close after two years of trading due to a lack of clients.
HFT: A Clear and Present Danger?March 21, 2013In January 2013, Congressman Edward J Markey declared that HFT represents a clear and present danger and should be curtailed immediately. Is he right?
What Need for Speed?March 18, 2013So you think our modern market has fewer opportunities for gaming? Think again. A brief history of how someone can beat you in the market.
HFT Profits Shrinking? The Data Doesn't LieMarch 18, 2013Whether high-frequency trading is good for investors or bad, one fact that no one disputes is the drastic drop in HFT profits.
The Buy Side's Elusive Hunt For AlphaMarch 11, 2013The buy side is crunching transaction data, automating algorithmic trading decisions and building analytics in an effort to more effectively track down alpha.
