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.
Battling Ponzi Schemes and Snake Oil SalesmenFebruary 20, 2013What can the CFTC do to prevent future cases of blatant fraud, as well as the losses, similar to cases like MF Global and Peregrine Financial Group? Andrew Waxman offers some risk management techniques regulators should consider.
Lautenberg Charity, Other Madoff Investors Try to Revive ClaimsJanuary 25, 2013A federal appeals court
signaled that victims of Bernard Madoff's fraud more than four
years ago might be allowed to eventually sue the swindler's
family members over their losses, if they're willing to wait
longer.
Nomura, Insider Trading and Buying Politicians: Advanced Trading's Week in ReviewSeptember 07, 2012Summer is over and it's time to get serious, especially on Wall Street and in Washington, D.C. This week we hear from luminaries in the financial services arena who touch on fraud, regulation and how to keep a large global investment firm from imploding. W
SEC's Ethics Under ScrutinyMarch 09, 2011Congress wants to know why the SEC hired an attorney with a financial interest in the Madoff fraud, and did he reverse the agency's view on how to compensate victims.
Two Madoff Programmers ArrestedNovember 13, 2009The SEC has charged two of Madoff's former computer programmers for their role in covering up the fraud at Bernard L. Madoff Investment Securities for over 15 years.
SEC Summary: Madoff Intimidated ExaminersSeptember 02, 2009The Executive Summary of SEC Inspector General David Kotz’s internal report on the agency’s failings to uncover the Madoff fraud has been released, describing in detail the investigative shortcomings in each of six complaints received by the SE
Madoff CFO Pleads Guilty, Ordered to Jail August 12, 2009Frank DiPascali, the former chief financial officer for Bernard Madoff, has pleaded guilty to 10 charges and admitted helping Madoff operate the massive fraud that bilked investors out of billions.
Madoff Sentenced to 150 Years in PrisonJune 29, 2009Bernard Madoff was sentenced to 150 years in prison today by U.S. District Judge Denny Chin for his massive financial fraud.
Feeder Funds: Recent Charges Signal Accountability April 02, 2009The fraud complaint against Fairfield Greenwich is a positive sign that regulators are holding firms accountable and more could be on the way, says Ken Springer, founder and president of Corporate Resolutions Inc., a firm that conducts background checks fo
How He Got Away With It: SEC Officials Grilled on Madoff ShortcomingsJanuary 29, 2009In a hearing this week, senators took the opportunity to grill SEC officials in an ongoing attempt to uncover exactly how Madoff got away with the massive fraud for so long and how the SEC can help ensure it doesn't happen again.
