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.
Bloomberg Taps Former IBM CEO As Privacy and Data AdvisorMay 17, 2013Bloomberg announced that it hired Samuel Palmisano to serve as an independent adviser. Hogan Lovells, of Promontory Financial Group, and Clark Hoyt, of Bloomberg News, were also hired.
Bloomberg Snooping Scandal Prompts Reaction from GoldmanMay 15, 2013Wall Street firms like Goldman Sachs could look to reduce their reliance on the dominant data and analytics terminal in response to the firms' reporters being allowed to spy on customer data.
Is Your Bloomberg Terminal Spying On You?May 14, 2013After Goldman Sachs discovered that Bloomberg journos were keeping track of their viewing habits over their Bloomberg terminals, traders have some decisions to make about the company that provides their market data, trading tools, IM and more.
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.
Bloomberg Unveils New Version of iPad AppApril 15, 2013A revised edition of Bloomberg Anywhere for iPad debuted today which includes access to Instant Bloomberg, advanced mobile charting and industry-specific dashboards.
Bloomberg PolarLake Adds Fitch Credit Ratings DataApril 02, 2013Adding Fitch Data to Bloomberg PolarkLake's Enterprise Data Management Solution will give financial institutions an independent view of long-term credit risk to support risk management and regulatory reporting.
JPM Senate Hearing: What's the Point of Beating a Dead Whale?March 14, 2013Friday's hearing about JP Morgan's London Whale trade led by Senator Carl Levin is really about putting pressure on regulators to finish the Volcker Rule, Propublica's Jesse Eisenger tells Bloomberg TV.
Bloomberg Delivers Ultimatum to CFTC on Swaps TradingMarch 13, 2013An attorney representing Bloomberg LP threatened to file a lawsuit against the U.S. regulator for unfair margin requirements on swaps trading rules, which give a competitive edge to exchange platforms over SEFs.
The New Old SchoolFebruary 19, 2013Given the complexity of today's market structure, regulatory matrix and trading technology, traders need to quickly assimilate a wide range of "Breaking News" topics and industry trends to keep pace with their core responsibilities: sourcing liquidity whil
As World Frets About Europe, GSAM’s Patel Says Its Stocks Are UndervaluedJuly 17, 2012The conventional wisdom at least seems to be that investors should stay far from the European marketplace, but Sheila Patel of Goldman Sachs Asset Management tells Bloomberg their equities appear undervalued.
Bloomberg Updates Service With Interactive Research PlatformJune 26, 2012The firm said the analysis given by Bloomberg Industries is the latest major update to the Bloomberg Professional Service, which has more than 310,000 subscribers worldwide.
Facebook's IPO Fail: What Went Wrong on the NasdaqMay 21, 2012As Nasdaq deals with the fallout of Facebook's IPO flop, Bloomberg's Matt Miller tried to get some answers from Cuttone & Company's Keith Bliss
CME Floor Traders Took a Page from Occupy Wall StreetApril 18, 2012The battle between floor brokers and the CME heated up again when ex-chairman Leo Melamed defended the exchange's policies, suggesting that blocks will continue to be matched in the dark.
Bloomberg Visits Tarnished Goldman SachsMarch 16, 2012You know it's been a bad week when the mayor of New York City and the man whose name appears on their market data terminals has to stop by the office to cheer everyone up.