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.
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.
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.
Thomson Reuters to Launch China Interbank FX Rates via EikonMay 07, 2013Eikon will offer integrated real-time FX data from the China Foreign Exchange Trade System (CFETS), the official interbank trading and FX division of China’s central bank.
Paving the Way for European Regulatory Reform: An Evolution in Electronic Fixed IncomeApril 24, 2013There is no doubt that the regulatory reforms under way will change the way European market participants trade fixed income. Forward-thinking market participants should prepare for requirements relating to clearing, trade reporting, transparency, and regulation of trading venues, and certainly a move towards electronic trading.
Joseph Cangemi Appointed CEO of ConvergEx's UK Broker DealerApril 23, 2013Known for his knowledge of U.S. equity market structure, Cangemi will relocate to London to head ConvergEx’s European operations, while continuing as co-head of electronic equity trading and sales.
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.
Wall Street Retreats on Euro-Zone ConcernsMarch 27, 2013U.S. stocks dipped on Wednesday as soft demand at an Italian debt auction kept concerns about the financial stability of the euro zone at the center of investor focus.
ECB Gives Cyprus Bailout Ultimatum, Banks Face CutoffMarch 21, 2013The European Central
Bank gave Cyprus until Monday to raise billions of euros to
clinch an international bailout or face losing emergency funds
for its banks and inevitable collapse.
Ratings Agencies Come Under Fire from EU WatchdogMarch 18, 2013The European Union's markets
watchdog has criticised the world's top three credit ratings
agencies for a lack of transparency over how they evaluate banks
and demanded more robust internal reviews of their methods.
Forget Dodd-Frank, Watch Out for FTT!March 08, 2013As the Financial Transaction Tax gains momentum in Europe, the possibility that a broad-based tax could spread globally is not out of the question. But would it reduce liquidity and add to volatility?
Newedge Pushes into OTC Derivatives ClearingFebruary 25, 2013Newedge said it cleared its first OTC interest rate swap on CME Clearing as it expands to take advantage of new regulations amid reports that the company is up for sale.
Europe's Small Stocks Lure Fresh Cash, Set to Take OffFebruary 25, 2013Shares in Europe's smaller
companies are starting to attract fresh investors and should
outperform larger firms this year as the continent's relative
minnows belatedly felt the impact of central bank stimulus.
Thomson Reuters Adds Metals Analysis and Research to EikonFebruary 20, 2013Thomson Reuters integrates Thomson Reuters GFMS analysis to provide Eikon customers with access to research and forecast analytics for the precious and industrial metals markets
EU's Financial Transaction Tax Stirs Up Controversy on TwitterFebruary 15, 2013The EU's decision to push ahead with the financial transaction tax with support from only 11 countries, including France, Germany and Spain, triggered diverse viewpoints on Twitter.
U.S. Arbitrators Order Deutsche Bank and Ex-Adviser to Pay $934,000February 14, 2013U.S. securities arbitrators ordered
Deutsche Bank Securities Inc to pay a couple and their trusts a
total of $934,000 after a onetime adviser allegedly swindled
them in a multimillion-dollar insurance deal.
Thomson Reuters Revenue Outlook DisappointsFebruary 13, 2013Thomson Reuters'
revenue forecast for 2013 failed to impress Wall Street
and the shares fell 3 percent, overshadowing bullish remarks
from Chief Executive James Smith that his turnaround plan was
gaining traction.
EU Agrees New Derivatives Rules, Stalls Again on Bank CapitalFebruary 07, 2013European Union lawmakers
pressed ahead with new rules for derivatives on Thursday,
helping the bloc meet one global pledge to make markets safer as
it struggles to meet another on raising bank capital levels to
diminish risk.