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.
Trust in all dark pools takes a hit as the industry reacts to SEC charges that Pipeline filled the vast majority of customer orders through an affiliated trading entity rather than by matching them against other customer orders, as advertised.
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.
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.
Corporate Bond Market Needs Price Discovery Overhaul —ReportApril 16, 2013As buy side firms scramble for liquidity in corporate bonds, a new report Tabb Group lays out the need for a new price discovery mechanism with new tools and pricing sources to replace traditional phone-based quoting.
Nasdaq's eSpeed Acquisition Gets Pro and Con ReactionsApril 03, 2013The exchange operator's plans to acquire the electronic trading platform for U.S. Treasury bonds and notes raised concerns with analysts at credit rating agencies. But the move will also diversify Nasdaq away from stocks into fixed income products.
Investors Head Back to Safety of Bonds — PollMarch 28, 2013Global investors grew more cautious this month, reacting to the crisis in Cyprus by adding to safe-haven bond positions, though cash buffers fell to a two-year low, Reuters monthly poll of asset managers showed on Thursday.
Citigroup Spinout Napier Park Picks Infrastructure ProviderMarch 25, 2013In the wake of its spinoff from Citigroup as an internal hedge fund unit, Napier Park Global Capital chose Options' infrastructure-as-a service offering as its technology platform.
Asset Classes - What's the Difference?February 20, 2013Despite the naysayers, OTC derivatives and fixed income will move towards a unified, electronic trading model. In the future, trading systems won't be about asset classes, it will be about the availability of liquidity.
5 Risk Indicators that Led to the Mortgage MessFebruary 13, 2013A civil lawsuit by the Justice Department against Standard & Poor's shines a light on faulty ratings. But savvy traders at Goldman and Paulson & Co. saw early warning signs of the mortgage crisis in 2006 and 2007.
Hedge Fund Performance Expected To Climb In 2013February 07, 2013An improved housing market and global markets awash in liquidity are expected to be the key drivers in better hedge fund performance.
The Buy Side Wants Transparency, So Get Ready for Big DataFebruary 01, 2013Equity traders are concerned about how many "hops" their orders are taking in the electronic marketplace, so FIX message tags are a hot topic on the buy side.
UK's RBS to Get Libor Punishment Next Week - SourcesFebruary 01, 2013Royal Bank of Scotland
will next week agree a settlement with U.S. and British
authorities for its part in a global rate rigging scandal,
sources familiar with the situation told Reuters.
Spain May End Short-Selling Ban as Crisis EasesJanuary 28, 2013Spain may end its ban on
short-selling stocks and bonds this week as the euro zone crisis
relents, although controls could stay for bank shares which
speculators targeted heavily during last year's turmoil.
Market Ebullience Due a Reality CheckJanuary 25, 2013Only four weeks into the new
year, ebullient world stock markets have clocked up gains of
more than four percent, so already there are murmurs about
whether it's too much, too soon.
Outgoing Eurogroup Chief Calls for Direct Bank AidJanuary 10, 2013The euro zone must use its
rescue fund to inject money into banks with past debts, the
president of the Eurogroup said on Thursday, warning anything
less would undermine the bloc's crisis response.
French Banks Eye U.S. Expansion After Year of CutsDecember 05, 2012France's top banks are taking
advantage of calmer markets to return to expanding in the United
States, a year after deep cuts to their investment banks saw
them lose ground to rivals in the world's biggest financial
market.
Bond-Heavy Overseas Funds Want Obama WinNovember 05, 2012Overseas investors, many of whom
are creditors to the highly-indebted U.S. government, reckon a
re-election of President Barack Obama would be best for world
markets even if U.S. counterparts say otherwise.
Change Comes to OMS/EMS Space Amid Weak Trading VolumesOctober 05, 2012Asset managers are wrestling with technology costs and are looking for ways to "rationalize" their expenses for order management and execution management systems.