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.
Facing a dilemma of how to compete with dark pools and internalizers, exchanges are planning their own dark venues to offer better prices to retail investors.
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.
Asset Managers and Hedge Funds Face Swaps Clearing DeadlineMay 14, 2013Buy side firms preparing for mandatory swaps clearing need to finalize selections of CCP and FCMs as well as onboard clients and test systems by June 10 deadline, according to Woodbine Associates' whitepaper.
60 Percent of Derivatives Users Unprepared for Dodd Frank and EMIR —StudyMay 08, 2013The vast majority of corporate end users of derivatives are underprepared for compliance with both rule sets due to regulatory uncertainty, over cross-border swaps, according to a survey by Chatham Financial.
Taiwanese Bank Extends License with Fenics for FX Options SystemMay 06, 2013Already a customer for 10 years, E.Sun Commercial Bank will extend its license of Fenics Professional in foreign exchange options to streamline procedures and gain functions such as volatility surface management.
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.
Paladyne Systems Integrates Numerix; Licenses Source CodeApril 30, 2013Paladyne, a Broadridge Company, has integrated the Numerix Portfolio Risk into its front-office solutions to help its clients help manage risk across asset classes with the addition of Paldyne's reference data.
Mandara Capital Deploys Tbrick's Hosted Trading ServiceApril 22, 2013A hedge fund specialist in crude oil and derivatives, Mandara Capital chose Tbrick's futures trading platform, powered by S&P Capital IQ's Quantlink and QuantFeed, to improve speed and to support inhouse development.
Can We Do Better? Stealing Other People's PropertyApril 16, 2013Banks have long been creating products that are so complex that clients, risk managers and even some of the firm's own salespeople can't understand what is actually in them.
Bank Leumi Chooses Calypso As Cross-Asset PlatformApril 08, 2013One of Israel's largest banking corporations, Bank Leumi, will utilize Calypso's front to back office platform for cross asset class support, including interest rate derivatives.
Bloomberg PolarLake Adds Fitch Credit Ratings DataApril 02, 2013Adding Fitch Data to Bloomberg PolarkLake's Enterprise Data Management Solution will give financial institutions an independent view of long-term credit risk to support risk management and regulatory reporting.
Markit Launches Clearing Certainty Hub for OTC DerivativesMarch 25, 2013Buy side firms, regional banks and other firms that execute OTC derivatives through FCMs will have a consolidated view of available credit among multiple clearing venues.
Options Market Structure: Is it Getting Too Complex?March 20, 2013With the number of U.S. options exchanges soon to be 12 by the end of the year, experts are concerned about complexity, fragmentation and rising technology costs amid lower volumes.
Senate Hearing Sheds Light on JPMorgan Whale TradeMarch 15, 2013Senator Carl Levin grills Ina Drew and other bank execs, accusing them of changing VaR and hiding data on risky derivatives trade from regulators.
JPM Senate Hearing: What's the Point of Beating a Dead Whale?March 14, 2013Friday's hearing about JP Morgan's London Whale trade led by Senator Carl Levin is really about putting pressure on regulators to finish the Volcker Rule, Propublica's Jesse Eisenger tells Bloomberg TV.
Torstone Technology Rolls Out Systems Upgrade for FTTMarch 13, 2013The derivatives software provider said the taxation logic within Inferno has already been applied for the French and Italian FTT and can be adapted on the fly as regulations are clarified and other countries needs are defined.
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."
