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?
The study by Charles Jones cite the usual benefits of HFT: enhanced liquidity and more efficient markets. But what about the conflicts of interest and order types designed specifically for the benefit of high frequency players?
The exchange operator said China Merchant Securites is the latest firm to use the SMARTS Broker platform to monitor illegal trading activity by their clients and traders.
Buy side firms need sophisticated tools to navigate the market structure as well as analytics and connectivity to alternative trading systems, but cost pressures are an obstacle to upgrading their OMS-EMS platforms, according to Greenwich Associates' study.
Buy side firms need sophisticated tools to navigate the market structure as well as analytics and connectivity to alternative trading systems, but cost pressures are an obstacle to upgrading their OMS-EMS platforms, according to Greenwich Associates' study.
A proposal by Nasdaq OMX to offer benchmark order that are similar to algorithms offered by brokers, raised regulatory, risk and competitive issues at the SEC.
Among the top trends on the buy-side trading desk in 2011, the biggest development is likely to be the increased reliance on transaction cost analysis to entice institutional investors and ensure best execution.
SEC Partially Lifts Moratorium on Actively Managed ETFDecember 07, 2012The U.S. Securities and Exchange
Commission is partially lifting an almost three-year-old
moratorium on applications for actively managed, exchange-traded
funds, creating an opportunity for fund managers to use
derivatives when they launch them.
Schwab Eyes Commission-Free ETF SupermarketDecember 07, 2012Charles Schwab Corp has
been quietly meeting with exchange-traded fund providers to try
to persuade them to join a new network that would make ETFs
available commission-free to the brokerage's 8.6 million
customers.
Investors Swarm into Stock ETFs Amid "Fiscal Cliff" Hopes—LipperNovember 30, 2012Investors in U.S.-based
funds have pumped the most new money into stock exchange-traded
funds since mid-September, while adding to bond funds amid
growing optimism U.S. lawmakers will avoid the looming "fiscal
cliff" of tax hikes and spending cuts.
Da
BlackRock to Lower Fees on Certain ETFsSeptember 10, 2012BlackRock Inc is
planning to announce lower fees on some of its core iShares
exchange-traded funds in the fourth quarter, Chief Executive
Officer Laurence Fink said on Monday.
SEC-CFTC Flash Crash Report Leaves Experts UnsatisfiedOctober 05, 2010Many of us have read the long awaited joint SEC-CFTC report on the May 6th Flash Crash. By now everyone knows, that the regulators largely blame the sudden “Flash Crash” on a huge sale of E-mini futures contracts by a single fundamental investo
Bank of America Merrill Lynch Rolls Out ETF Algorithm July 26, 2010Bank of America Merrill Lynch has rolled put ETF-aX, an exchange-traded fund algorithm which purports to identify the most efficient combination of ETF, stock, and futures and then automatically trade them to source liquidity and find the best prices.
SIX Telekurs Teams With Nasdaq OMX to Disseminate Index, ETF DataJuly 15, 2010SIX Telekurs said today that it’s collaborating with Nasdaq OMX Group to globally disseminate index and exchange-traded fund data as part of a bid to capitalize on growing demand for transparency.
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.
Fox River Launches New ETF Trading SystemSeptember 16, 2009Fox River Execution has collaborated with iShares to launch a new trading platform aimed at trading large blocks of ETFs.
