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.
Industry participants question whether identifying dark pools in real-time trade reports will give too much information to high-frequency traders and gamers.
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.
Credit Suisse CEO Pay Jump to Fuel Banker Bonus DebateMarch 22, 2013Credit Suisse raised
the pay of its chief executive by a third in 2012, a move likely
to stoke public and political anger over banker pay after a year
in which the Swiss group's profits fell and its shares stalled.
Ex-Goldman Sachs Prop Traders Fail At Hedge FundsFebruary 22, 2013Benros Capital joins the list of hedge funds run by former prop traders at Goldman Sachs to bite the dust. Wasn't this the reason the banks paid those bonuses during the bailouts?
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.
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.
Barclays CEO Says Stop Blaming Bankers for Weak EconomyJanuary 11, 2011Barclays Chief Executive Robert Diamond is apparently mad that Wall Street is constantly being blamed for the weak global economy and he's not going to take it anymore.
Bonus Blues: Meet the ZerosDecember 22, 2010To boost profits and curb the risk-taking, some Wall Street firms are giving nothing but zeros to mid level traders and back-office staff.
Bonus Round: A 90 Percent Tax?!December 10, 2010If any US bankers are still licking their wounds from the insults they received since the Crash of 2008, perhaps they should shed a tear for their brothers and sisters in Ireland.
Morgan Stanley to Slash Executive PayDecember 09, 2010In addition to the standard yuletide revelry, December is a time for fatter wallets on Wall Street since firms typically reward employees with hard-earned bonuses at year's end.
BofA CEO Ken Lewis Resigns Amid ControversyOctober 01, 2009According to a statement from the firm, Ken Lewis, chief executive office and president at Bank of America, will retire as of December 31, 2009 after 40 years with the company.
