Buy-side clients need to understand that when they trade on a broker-sponsored platform, they are paying for these systems, whether that payment comes in the form of commissions, licenses, or widened spread. Therefore, the most important thing the buy side should do is to think like a customer.
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.
In the wake of JPMorgan’s ill-conceived hedging strategy, which cost the bank its sterling reputation along with $2 billion and counting, Advanced Trading decided to highlight some of Wall Street’s worst bets ever.
Buy-side clients need to understand that when they trade on a broker-sponsored platform, they are paying for these systems, whether that payment comes in the form of commissions, licenses, or widened spread. Therefore, the most important thing the buy side should do is to think like a customer.
Buy-side clients need to understand that when they trade on a broker-sponsored platform, they are paying for these systems, whether that payment comes in the form of commissions, licenses, or widened spread. Therefore, the most important thing the buy side should do is to think like a customer.
Buy-side clients need to understand that when they trade on a broker-sponsored platform, they are paying for these systems, whether that payment comes in the form of commissions, licenses, or widened spread. Therefore, the most important thing the buy side should do is to think like a customer.
The number of shares traded via high-frequency trading are down and politicians want to roll out a tax to serve as a speed bump. Some are wondering if microsecond dealings are poised to fade away.
Buy-side clients need to understand that when they trade on a broker-sponsored platform, they are paying for these systems, whether that payment comes in the form of commissions, licenses, or widened spread. Therefore, the most important thing the buy side should do is to think like a customer.
Barclays Commits to Reporting Volumes of Dark PoolMay 20, 2013The investment bank confirms its plan to continue reporting volumes in its dark pool LX, on a monthly basis, following the decision by the No. 1 dark pool operator Credit Suisse to go dark.
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.
Dark Pools Open Up About Surveillance MethodsMarch 27, 2013Brokers operating dark pools have come out with more sophisticated methods for preventing trades at bad prices and profiling client behavior — both in response to buy side concerns and regulatory scrutiny.
4 Corporate Bond Electronic Trading Trends to Watch in 2013February 25, 2013As corporate bond markets continue to evolve towards automation and electronic trading, iTB Holdings’ CEO Michael Chuang identifies some ongoing trends that will continue into the New Year.
Barclays Vows Fresh Course, Axes 3,700 JobsFebruary 12, 2013Barclays' new chief executive
pledged a fresh course for the British lender on Tuesday, axing
at least 3,700 jobs and pruning its investment bank as he seeks
to rebuild its reputation and boost profitability after a series
of scandals.
UK Court Forces Barclays to Reveal Staff on Libor ListJanuary 24, 2013A British judge forced Barclays
to identify top executives alongside traders linked to
a probe into rate fixing, naming ex CEOs Bob Diamond and John
Varley and current Finance Director Chris Lucas on Thursday
despite requests for anonymity.
Barclays, Deutsche Bank to Cut Pay Up to 20 Pct — SourcesJanuary 14, 2013Barclays and
Deutsche Bank will take a knife to bonuses for
investment bankers in the coming weeks as they seek to tackle
high costs, people familiar with the matter said.
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.
Barclays Hit by Fresh U.S. InvestigationsOctober 31, 2012Barclays, already rocked
by an interest rate rigging scandal, unveiled new U.S.
regulatory investigations into the bank's financial probity on
Wednesday and said its profit was hit by charges for mis-selling
insurance.
Barclays Retail Boss Jenkins Gets CEO TaskAugust 30, 2012Britain's Barclays has
picked softly spoken retail boss Antony Jenkins as its new chief
executive to fill the shoes left by Bob Diamond, the colorful
American investment banker who resigned after a rate-rigging
scandal.
Barclays Dragged Into New Probe After Libor BlowJuly 27, 2012Barclays revealed a new regulatory probe and more U.S. lawsuits on Friday, making it harder for the British lender to rebuild its reputation damaged by the central role it played in the interest rate-rigging scandal shaking banks.
Old-School Banker Left Picking Up Pieces at BarclaysJuly 10, 2012Ever the gentleman, Marcus Agius
quit as chairman of Barclays last week in a doomed
attempt to protect Bob Diamond, who was resisting calls to step
down as chief executive over the rigging of interest rates by
the British bank's traders.
Credit Suisse Suffers Pay Revolt, Barclays Next?April 27, 2012Almost a third of Credit
Suisse shareholders rejected the bank's pay plan on
Friday and UK rival Barclays was braced for a similar
revolt as investors vented their fury at executive pay deals and
called for a bigger slice of profits.
