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?
High Frequency Trading Loses Its LusterApril 04, 2013With 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.
Getco, Virtu Pursuit of Knight Signals Consolidation TrendNovember 29, 2012Suitors of Knight Capital Group are eyeing the wholesale market maker's retail order flow, but they'll also look to save money by eliminating overlapping infrastructure like duplicate colo facilities.
Why Are Suitors Vying for Knight Capital?November 27, 2012Rival firms are expected to submit bids this week to acquire Knight Capital Group, which could bring the potential acquirer savings in equity trading technology.
Getco Slapped With $450k Fine For Weak HFT OversightMarch 26, 2012The firm admitted no wrongdoing, but agreed to pay a fine for a lack of oversight of high-frequency and algorithmic trading at its subsidiary Octeg.
GETCO Promotes Daniel Coleman to CEOFebruary 27, 2012The firm said Coleman is now tasked with boosting its core market-making business, and with expanding the company's client services offerings in the U.S. and overseas.
GETCO Buys BofA Merrill's Market Making UnitNovember 30, 2011The significantly expands GETCO's market making operation and responsibilities on the NYSE, making it the designated market maker for nearly 650 companies and 850 securities on the exchange.
Will the Buy Side Colocate?July 25, 2011Among the criticisms of high frequency trading is the charge that colocating trading strategies in the same data centers as exchange matching engines gives HFT firms an unfair speed advantage.
U.S. High-Frequency Trading Firms Look Eastward May 11, 2011The new gold rush is taking place in the Far East. Plagued with depressed trading volumes, brutal competition and stunted growth, high-frequency trading firms are setting their sights on the Asia-Pacific region as the U.S. and European markets stagnate.
GETCO Hires Edward BoyleDecember 09, 2010The global market maker hires veteran options industry executive to focus on its relationships with exchanges, trading platforms and business development.
