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.
What has the Twitterati been saying about hedge funds for the past few days? A potential First Lady invested a ton into her son's hedge fund, lawmakers in the UK want to grill the same hedge fund managers who donated a boatload of cash to their coffers and high-end ladies footwear were some of the hot topics. Advanced Trading chose a sample of the most provocative Tweets and gathered them into in one handy gallery. Did we miss your favorite? Send it to us and we'll re-tweet it in a hurry.
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.
Citigroup Spinout Napier Park Picks Infrastructure ProviderMarch 25, 2013In the wake of its spinoff from Citigroup as an internal hedge fund unit, Napier Park Global Capital chose Options' infrastructure-as-a service offering as its technology platform.
Lew Faces Grilling on Citigroup at US Senate HearingFebruary 13, 2013The top Republican lawmaker
vetting Jack Lew to serve as the U.S. treasury secretary on
Wednesday zeroed in on the nominee's work as an executive at
Citigroup as a possible conflict of interest for a job that
would make him the nation's chief financial reg
Citigroup Profit Hit by More Than $2 Bln in ChargesJanuary 17, 2013Citigroup Inc posted
$2.32 billion of charges for layoffs and lawsuits in the first
financial report under its new chief executive, Michael Corbat,
who cautioned that the bank needs more time to deal with the
problems it faces.
Citigroup CEO Vikram Pandit ResignsOctober 16, 2012Citigroup Inc Chief Executive
Vikram Pandit has resigned, effective immediately, a shock
change at the top of the bank just one day after surprisingly
strong quarterly results.
Big Funds Seek to Rein in Pay at Wall Street BanksOctober 05, 2012The days when Wall Street banks could
blithely hand out half their revenue in compensation to their
staff without a murmur from shareholders have come to an end.
Amid Weak Returns, Hedge Funds Take Aim at Risk ManagementSeptember 05, 2012As hedge funds fight their way through a second weak year in a row, a study by BNY Mellon, the Managed Funds Association and HedgeMark says the industry is putting risk management under the spotlight.
Citigroup Unveils Intelligent Options AlgosSeptember 05, 2012The bank said the offering will give traders speed, liquidity and their desired degree of exposure, as the use of algorithms in options trading continues to rise.
Citigroup Debuts New Pairs Trading AlgorithmJanuary 10, 2012Citigroup announced the rollout of a pairs trading algorithm that it said enables traders to execute market neutral strategies and exploit changing market conditions by simultaneously buying and selling highly correlated securities.
Turquoise Derivatives Unveils FTSE Index OptionsSeptember 26, 2011Turquoise, the London Stock Exchange's pan-European equity trading unit, announced the debut of FTSE index options on its derivatives platform.
Defining the Future of Prop TradingJuly 11, 2011As regulators delay writing the final rules for the sweeping Dodd-Frank financial reforms, the Volcker Rule's ban on proprietary trading continues to cause confusion among the investments banks that must comply with the rule.
I-Banking, Trading Push Wall Street Over the TopDecember 14, 2010Just two years after the nation’s financial sector nearly fell off a cliff, only to be rescued by an unprecedented bailout, the industry’s titans have roared back.
Is The SEC's Circuit Breaker Inviting Rogue Traders?July 07, 2010The test run of a market-wide circuit breaker instituted last month by the U.S. Securities and Exchange Commission has been well-received across Wall Street, but could it open a Pandora’s Box of rogue behavior as currently constructed?
SEC Circuit Breaker May Not Have Stopped May 6 CrashJuly 01, 2010Shares of Citigroup Inc. triggered alarm across Wall Street last week when an erroneous trade sent the banking giant’s stock down 17 percent, activating the U.S. Securities and Exchange Commission's two-week old circuit breaker.
Former Instinet Exec Joins Penson March 16, 2010Clive Triance has been appointed chief executive officer of Penson Financial Services, Penson Worldwide's London-based clearing and execution services subsidiary.
