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.
Trust in all dark pools takes a hit as the industry reacts to SEC charges that Pipeline filled the vast majority of customer orders through an affiliated trading entity rather than by matching them against other customer orders, as advertised.
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.
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.
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.
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.
BATS Software Bug Stings StrategyApril 24, 2012The market's confidence in financial institutions is low enough without being exacerbated by completely avoidable mistakes.
Did a Rogue Algo Cause BATS IPO Crash?April 04, 2012Research by a market data firm has traced the crash of BATS' IPO to a single algorithm that executed over 500 times on Nasdaq, driving its price from $15.25 to about two cents in less than a second.
BATS IPO Business Still OpenMarch 27, 2012After a humiliating meltdown when its own initial public offering had to be withdrawn, the exchange operator will continues with its IPO listing business nevertheless.
BATS' Software Glitch: Bad Things HappenMarch 26, 2012After Friday's technical fiasco, BATS Global Markets was forced to withdraw the company's own I.P.O. and aplogize to its customers. But the computerized stock market shouldn't be crucified.
BATS CEO: It Is With Great HumilityMarch 26, 2012BATs CEO Joe Ratterman says it was a software glitch and in a letter to clients and investors he is now explaining to clients and the investor community what exactly happened.
Suffering a "Flash Crash," BATs Withdraws IPOMarch 23, 2012The debut of BATS Global Markets Exchange Inc on Friday was overshadowed by a series of blunders, including its own shares erroneously trading for less than a penny and confusing investors.
BATS Proposes Rewards Program for Market MakersDecember 20, 2011BATS Global Markets applied with the U.S. Securities and Exchange Commission to launch a platform it said will give market makers a financial incentive to boost liquidity and create tighter spreads on its exchange.
BATS' Acquisition of Chi-X Europe Clears UK RegulatorOctober 20, 2011The UK Competition Commission provisionally concluded that customers have the power to prevent the merged company from raising trading fees or worseing service.
