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.
Clients will rest conditional orders in BofA Merrill's ATS, Instinct X, while leveraging liquidity from the firm's private and institutional clients trading with the firm's high-touch, electronic, ETF and equity derivatives desks.
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.
Professor Bernard Donefer of Baruch College and Sal Arnuk, Partner at Themis Trading went head-to-head on regulation, technology and politics surrounding the controversial practice of HFT.
As cutbacks spread across the buy-side desk and turmoil continues to reshape the markets, the traits that define a successful buy-side trader are more important than ever.
ESP Technologies offers post-trade ticket aggregation for equities, helping buy-side firms lower settlement costs as they seek best execution in a fragmented market.
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.
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?
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.
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.
