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.
In the midst of a bad economy and lower trading volumes, the buy side balances the need to cut costs and consolidate OMS and EMS platforms, while chasing the best integrated solution.
After 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.
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.
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.
Algorithmic Trading in the FX MarketOctober 27, 2010Adoption of FX algorithms is on the rise, and from black-box origins they are moving to a customizable, white-box model, according to Celent's analyst.
Technology Adoption Brings Change to Indian Capital MarketsSeptember 21, 2010While foreign brokers have influenced the adoption of high-touch DMA and the FIX protocol in India, Celent analysts say fully automated DMA remains a distant pipe dream as regulators are skeptical.
Execution Quality:Electronic Order Books DominateJuly 28, 2010New reports from Celent on Execution Quality in NYSE and Nasdaq stocks found that electronic order books (EOBs) such as BATS, Nasdaq, NYSE Arca and Direct Edge's EDGA and EDGX, are leading performers when speed and price are taken into account, but the NY
High Frequency Equities Trading: From the U.S. to Asia?January 27, 2010The adoption of HFT in Europe is less than here in the U.S. but is growing while at the same time, HFT will most certainly expand in Asia over the next several years.
Electronic Trading in IndiaSeptember 18, 2009India's debt markets have experienced rapid growth and along with that electronic trading also risen sharply, with the market growing at a CAGR over 75% since 2005.
Bringing Transparency to Pricing and ValuationsApril 20, 2009Celent provides perspectives on trends in OTC derivatives and structured product pricing practices in anticipation of coming market reform.
Hedge Funds: Before and After the Credit CrisisJuly 28, 2008With steep losses at quant funds and a series of high-profile collapses, hedge funds appeared to be at the heart of the crisis--yet they have weathered the storm surprisingly well.
NYSE Specialists Rarely Improve Price QualityJuly 17, 2008While NYSE specialists have picked up their execution speeds, they rarely provide price improvement. The bigger story, however, may be their declining share of executions in NYSE-listed issues.
OTC Derivatives Face Post-Trade ChallengesJuly 30, 2007OTC derivatives are burdened by volumes of paper, spreadsheets and deal tickets. So what will it take to automate the post trade landscape?