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 a world where trading alpha creates a competitive advantage, trading skills and acumen may be king, but trading tools are the great enabler and equalizer.
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.
3rd Birthday of Flash Crash: Is the Stock Market Safer?May 06, 2013Three years later since that catastrophic event, exchanges have eliminated stub quotes and implemented safe guards such as limit-up/limit down. But there's inertia on many other issues.
Nasdaq OMX Enhances UltraFeedApril 09, 2013Nasdaq OMX's UltraFeed now includes U.S. equity market depth data from Nasdaq, NYSE Euronext, Direct Edge and BATS exchanges combined into a single feed. .
Nasdaq, SharesPost to Set Up Market for Unlisted StocksMarch 06, 2013Nasdaq OMX Group Inc will form
a marketplace for trading in shares of unlisted companies in a
joint venture with small trading platform SharesPost Inc,
tapping into increasing investor interest in private firms.
Dow Hits Fresh Record as Private Hiring Picks UpMarch 06, 2013Wall Street resumed its climb
into uncharted territory on Wednesday, with the Dow setting
another intraday record as hiring by companies rose strongly
last month.
CBOE Would Consider Going Private If Benefits Shareholders -COOFebruary 15, 2013CBOE Group Holdings Inc, which
became a publicly held company in 2010 after years of effort,
would consider going private again if doing so would benefit its
shareholders, a top executive suggested on Thursday.
NYSE Euronext to Cut Costs Ahead of ICE SaleFebruary 05, 2013NYSE Euronext has pledged
to reduce costs further to offset slower trading as it prepares
for this year's planned sale to IntercontinentalExchange
(ICE).
The Kyte Group Goes Live with AlgoSpanJanuary 28, 2013Futures commission merchant The Kite Group is tapping AlgoSpan for low-latency infrastructure and access to European exchanges/MTFs, to meet the demands of HFT clients and hedge funds.
Dark Trading Benefits Stocks Until 50 Percent Threshold— StudyNovember 19, 2012A study conducted by CFA Institute of undisplayed trading in dark pools and via broker-dealer internalization found that market quality deteriorates once more than 50 percent of stock's volume is traded in the dark.
BATS' Acquisition of Chi-X Europe Clears UK RegulatorOctober 20, 2011The UK Competition Commission provisionally concluded that customers have the power to prevent the merged company from raising trading fees or worseing service.
BM&FBovespa Will Use Nasdaq OMX's Surveillance Program September 15, 2011Brazil's largest exchanges and its SRO plan to use Nasdaq OMX's SMARTS Integrity market surveillance program to monitor trading across their equities and commodities platforms.
Redline Trading Speeds Up NBBO CalculationsJune 13, 2011The firm's InRush NBBO calculates the NBBO for U.S. equities and delivers the composite 5 microseconds faster than the SIP feeds.
Spanish MTF Chooses Cinnober As Tech PartnerJune 07, 2011PAVE MTF will utllize Cinnober's TESS solution to gain market share in Spanish equities, which also helped launch Alpha Trading in Canada.