Buy-side clients need to understand that when they trade on a broker-sponsored platform, they are paying for these systems, whether that payment comes in the form of commissions, licenses, or widened spread. Therefore, the most important thing the buy side should do is to think like a customer.
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.
In the wake of JPMorgan’s ill-conceived hedging strategy, which cost the bank its sterling reputation along with $2 billion and counting, Advanced Trading decided to highlight some of Wall Street’s worst bets ever.
Buy-side clients need to understand that when they trade on a broker-sponsored platform, they are paying for these systems, whether that payment comes in the form of commissions, licenses, or widened spread. Therefore, the most important thing the buy side should do is to think like a customer.
Buy-side clients need to understand that when they trade on a broker-sponsored platform, they are paying for these systems, whether that payment comes in the form of commissions, licenses, or widened spread. Therefore, the most important thing the buy side should do is to think like a customer.
Buy-side clients need to understand that when they trade on a broker-sponsored platform, they are paying for these systems, whether that payment comes in the form of commissions, licenses, or widened spread. Therefore, the most important thing the buy side should do is to think like a customer.
In the wake of JPMorgan’s ill-conceived hedging strategy, which cost the bank its sterling reputation along with $2 billion and counting, Advanced Trading decided to highlight some of Wall Street’s worst bets ever.
The number of shares traded via high-frequency trading are down and politicians want to roll out a tax to serve as a speed bump. Some are wondering if microsecond dealings are poised to fade away.
Buy-side clients need to understand that when they trade on a broker-sponsored platform, they are paying for these systems, whether that payment comes in the form of commissions, licenses, or widened spread. Therefore, the most important thing the buy side should do is to think like a customer.
Regulators Weigh Fixes After Trading DebaclesFebruary 20, 2013Exchanges and other trading platforms would have to perform tests to prevent software errors from unleashing havoc on the market under proposed rules being crafted by regulators.
Ten Most Significant Operational Risks of 2012January 09, 2013Andrew Waxman takes a look at the most significant operational risks, including the Facebook IPO and Knight Capital Fiasco, that occurred on Wall Street in 2012.
Massachusetts Fines Morgan Stanley Over Facebook IPODecember 18, 2012Morgan Stanley, the lead
underwriter for Facebook Inc's initial public offering,
will pay a $5 million fine to Massachusetts for violating
securities laws governing how investment research can be
distributed.
Mini-Flash Crashes Continue To Fly Under The RadarNovember 19, 2012For no particular reason, events known as mini-flash crashes routinely happen in equities, as fat finger errors and faulty algos interact with HFT firms in the electronic market infrastructure.
Facebook Stock Soars As Share Lockup EndsNovember 14, 2012Shares of Facebook Inc jumped as much as 11.2 percent on Wednesday, even as the biggest block of shares held by insiders became eligible for sale for the first time since the social media company's disappointing debut in May.
SEC Pushes Market Technology Roundtable to Oct. 2September 12, 2012In the aftermath of several high-profile technological mishaps in the marketplace, the SEC's roundtable next month will seek ways to prevent costly trading mistakes, and come up with best practices for handling crises in real-time.
SEC Tech Roundtable Takes Aim at Preventing Knight SequelsAugust 30, 2012In the aftermath of several high-profile technological mishaps in the marketplace, the SEC's roundtable next month will seek ways to prevent costly trading mistakes, and come up with best practices for handling crises in real-time.
Facebook's Director in Spotlight After Cashing OutAugust 22, 2012Peter Thiel was the first
investor to take a gamble on Facebook Inc. Now some
people are wondering whether, in selling most of his stake, the
Facebook board member is signaling to others that it's time to
rush for the exits.
Equity Market Structure Confidence at All-Time LowAugust 21, 2012Only 2 percent of capital markets industry professionals indicate their market structure confidence is very high, according to survey results from TABB Group.
Facebook IPO Leads SEC to Scrutinize Nasdaq's SystemsJuly 02, 2012The watchdog is investigating Nasdaq's computer systems and processes related to the flawed Facebook IPO on May 18, and could demand upgrades from the exchange operator.
Europe Slides, Dimon Smacks Dodd-Frank, and a Hedgie Loves GreeceJune 22, 2012In the same week that summer decided to show up in New York, other corners of the financial world were heating up as well. Jamie Dimon got a grilling from the members of the House of Representatives after last week's Senate Banking Committee tongue bath. M
Facebook Consultant: Website's Ads WorkJune 12, 2012Marketing on Facebook influences consumer behavior and leads to increased purchases for the brands that leverage the social-networking site, consulting company comScore said in a report released Tuesday.
S. Korea's KDB Could Triple IPO SizeJune 05, 2012South Korea's government may sell as much as 30 percent of state-owned KDB Financial Group in a $5 billion initial public offer, three times the amount it originally planned to sell, in defiance of gloomy global markets.
From Facebook to Quants -- The Top Quotes of the WeekMay 25, 2012It wasn't all Facebook, Facebook, Facebook this week, although you could be excused for thinking that this was all anyone was talking about. Along with a badly bungled IPO, we found scintillating quotes about insider trading, quants vs. humans and a passio
Fidelity Works to Calm Customers' Facebook ConcernsMay 24, 2012Nearly a week after the initial
public offering of Facebook, Fidelity Investments
signaled it is still dealing with customer confusion over
whether they actually own shares in the social media company.
