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.
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.
As Regulators Eye Dark Pools, Canada is in the SpotlightApril 25, 2013In Part II of their series, Capco consultants examine Canada’s new rules on dark pools, comparing the similarities and differences in the way that dark pools are regulated in Canada versus the United States.
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.
Sequester Chokes SEC, Regulator FundsMarch 13, 2013As the market burns up the DOW, the SEC and other regulators will see their budgets slashed during the sequester. What happens if the government shuts down?
Can the CFTC Execute on its Mission?February 28, 2013The CFTC is on a mission to migrate interest rate and credit derivatives to transparent marketplace, fulfilling a role that is similar to what the first SEC Commissioner Joseph Kennedy did in the 1930s to revive equities, writes Andrew Waxman.
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.
Debate Over Market Data Fees to Resurface in Court CaseNovember 13, 2012Lawyers representing a group of brokers, bankers and money managers, along with tech giants, will deliver closing arguments today in a court case fighting new market data fees charged by stock exchanges.
Are Algos Phasing Out Humans on Credit Desks?November 09, 2012As Dodd-Frank impacts the cost structure of derivatives trading, dealers are slashing million dollar salaries in favor of building cheaper algorithms.
Déjà Vu for the Market as the Black Monday Crash of '87 Turns 25October 15, 2012There are several parallels between how participants responded to major market crashes in 1987 and 2008, including calls for more transparency, and a significant reshaping of market structure.
OTC Derivatives Clearing Raises Challenges for Collateral ManagementOctober 10, 2012A new report by Woodbine Assoc. analyzes the impact of Dodd-Frank/Basel II regulations on collateral management and increased margin requirements, while offering an in-depth analysis of vendor systems.
Romney To Dodd-Frank: Get Ready For RepealOctober 04, 2012The GOP candidate promised to gut the sweeping regulatory reform that President Obama signed into law. That sound you hear are the tears of joy from Wall Street.
Nomura, Insider Trading and Buying Politicians: Advanced Trading's Week in ReviewSeptember 07, 2012Summer is over and it's time to get serious, especially on Wall Street and in Washington, D.C. This week we hear from luminaries in the financial services arena who touch on fraud, regulation and how to keep a large global investment firm from imploding. W