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.
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.
BlackRock’s deal for BGI will create the world’s largest money manager. But integrating BGI’s automated electronic trading and transaction cost analysis technology with BlackRock’s Aladdin system will require a world-class effort.
Could Social Media Revive High-Touch Trading?September 18, 2012Maybe the return to high-touch trading is achieved by overlaying social media concepts on top of the low-touch networks that now proliferate the industry.
Ask a Broker: Should I Trust Your Algos?September 13, 2012After Knight Capital's newest algorithm went rogue, buy side traders have to wonder about the safety and due diligence around their third-party algorithms. Advanced Trading interviewed a broker-dealer - anonymously, of course - on how traders can trust the
Intelligent Trading: Opportunities for Mid-Tier BrokersSeptember 13, 2012At the pre-trade level it's all about 'actionable' data, embedded in brokers’ daily workflows enabling them to react faster than anyone else to revenue-generating opportunities.
Miller Tabak Consolidates Trading Infrastructure With FidessaSeptember 12, 2012The institutional trading firm said the Fidessa platform will help rein in costs, which is a growing concern for broker-dealers amid new regulations and rising market fragmentation.
Buy Side Really Wants Human Beings, Not Just Algos: Aite SurveyJune 19, 2012A new study by Aite Group found that buy-side firms are not happy with the current level of service provided by their broker-dealers. Buy-side firms expect their broker-dealers to provide value-added advisory services on trading analysis and timely support
Can Brokers Evolve to Avoid Extinction?May 30, 2012In a "A Night At The Museum" Fidessa's Steve Grob explores how brokers must adapt to keep the Buy Side up and running.
Can Strained Broker-Dealer Relationships Be Repaired?May 02, 2012A scathing op-ed in The New York Times by a former Goldman Sachs trader reveals the potential conflict between sell-side firms and their clients. It also rekindles an age-old debate: Can you trust your broker-dealer?
HFTs Fear SEC's 'Naked' Access Ban May Squeeze ProfitsNovember 11, 2010Although the move by U.S. regulators to ban "naked" access to public markets has been lauded as a necessary risk curb, a portion of the high-frequency trading community is awash in concern the new rules will damage time-sensitive strategies.
SEC Considers Rule to Ban “Naked” Access to Exchanges, ATSs October 28, 2010The U.S. Securities and Exchange Commission said that on Nov. 3 it will consider a new rule that would ban broker-dealers from providing “naked” access to any exchange or alternative trading system.
SEC Risk Proposal: A Fair Start But Lacking SpecificsFebruary 22, 2010The SEC risk management proposal advocating baseline operational risk controls is a good-faith attempt by regulators to augment risk management within brokers and broker/dealers, however, the SEC leaves too much discretion of acceptable practices to the di
Rethinking Market RegulationMarch 13, 2009Over the years, regulators and legislators have tinkered with the markets, making it virtually impossible to raise capital, says Larry Tabb.
CCA Consortium Solution: One Size Won’t Fit All February 03, 2009A consortium of broker-dealers has been quietly working to standardize CCA administration for the buy side with a single solution, but some buy siders don't see a fit.
ITG, Instinet Beef Up Operations in Asia July 04, 2007ITG and Instinet announce key executive appointments in Asia Pacific region as electronic trading heats up overseas
