Buy-side clients need to understand that when they trade on a broker-sponsored platform, they are paying for these systems, whether that payment comes in the form of commissions, licenses, or widened spread. Therefore, the most important thing the buy side should do is to think like a customer.
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.
In the wake of JPMorgan’s ill-conceived hedging strategy, which cost the bank its sterling reputation along with $2 billion and counting, Advanced Trading decided to highlight some of Wall Street’s worst bets ever.
Buy-side clients need to understand that when they trade on a broker-sponsored platform, they are paying for these systems, whether that payment comes in the form of commissions, licenses, or widened spread. Therefore, the most important thing the buy side should do is to think like a customer.
Buy-side clients need to understand that when they trade on a broker-sponsored platform, they are paying for these systems, whether that payment comes in the form of commissions, licenses, or widened spread. Therefore, the most important thing the buy side should do is to think like a customer.
Buy-side clients need to understand that when they trade on a broker-sponsored platform, they are paying for these systems, whether that payment comes in the form of commissions, licenses, or widened spread. Therefore, the most important thing the buy side should do is to think like a customer.
The number of shares traded via high-frequency trading are down and politicians want to roll out a tax to serve as a speed bump. Some are wondering if microsecond dealings are poised to fade away.
Buy-side clients need to understand that when they trade on a broker-sponsored platform, they are paying for these systems, whether that payment comes in the form of commissions, licenses, or widened spread. Therefore, the most important thing the buy side should do is to think like a customer.
DTCC Sues CFTC Over Swap Data Repository RulesMay 03, 2013The industry-owned utility is asking a federal court to overturn the CFTC's approval of rules allowing CME and ICE to run SDRs.
Swap Data Reporting: War Breaks OutMarch 08, 2013The U.S. regulator's decision to allow CME Group to report swap transactions to its own repository has inflamed tensions with the DTCC, which has called the CME rule 1001 "anti-competitive."
Newedge Pushes into OTC Derivatives ClearingFebruary 25, 2013Newedge said it cleared its first OTC interest rate swap on CME Clearing as it expands to take advantage of new regulations amid reports that the company is up for sale.
CME Says No Plans to Shut Grains Floor TradingNovember 28, 2012The CME Group, the
biggest operator of U.S. futures exchanges, has no plans to shut
open-outcry trading pits but will not change new price
settlement rules for grains despite a lawsuit by a group of
traders, its CEO said on Wednesday.
CME Lawsuit opens New Front Against Finance WatchdogsNovember 09, 2012A lawsuit by U.S.
exchange operator CME Group added to a groundswell of
legal challenges facing regulators rewriting global financial
rules, potentially opening up a new front in the fight over the
reforms.
CME's Volume 'Disaster' Due to Macro Woes: ExecOctober 25, 2012The decline in trading on CME
Group Inc's futures exchanges this year is more the
result of a sluggish economy and uncertainty over tax policy
rather than regulatory changes affecting the futures industry,
CME's executive chairman said on Thursday.
High-Frequency Trading a Game-Changer for the Natural Gas MarketOctober 19, 2012Fierce HFT competition has narrowed spreads to virtually nothing in equities, so traders are looking for markets with fatter margins, which makes the commodities markets attractive.
trueEX Signs Clearing Deal with CME ClearingOctober 11, 2012As a designated contract market or DCM, trueEX will offer electronic trading in standardized global interest rate swaps, and clear through CME Clearing.
CME Group to Launch Offshore Yuan Currency FuturesSeptember 13, 2012CME Group, the biggest U.S. futures market operator, said on Thursday it plans to expand its offering of yuan products to include deliverable offshore yuan futures, a move which should further help internationalize China's currency.
CME Group Cuts Staff, Plans 'Exit Incentive Plan'April 26, 2012CME Group, whose first-quarter profit missed Wall Street expectations, said Thursday it has cut staff and plans more slimming this year as it tries to reduce costs and shore up income.
BNY Mellon to Clear Interest Rate Swaps Via CME Group August 23, 2011Bank of New York Mellon announced its clearing arm will clear over-the-counter interest rate swaps through CME Group, an arrangement the firm said it made on behalf of its institutional clients.
CME Study Claims HFT Reduces Price SwingsJune 29, 2011The futures exchange operator conducted research over a two-year period, finding that computer-driven trading firms increase liquidity and narrow spreads.
Wall Street's Legendary InnovatorsJune 01, 2011The current state of high-speed trading, derivatives and dark pools owes its history to a long line of innovators.
