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.
It 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 passionate defense of private equity from an unlikely source in a presidential election year. Enjoy AT's Top Quotes of the week -- and remember to have some fun this Memorial Day Weekend.
Facing a dilemma of how to compete with dark pools and internalizers, exchanges are planning their own dark venues to offer better prices to retail investors.
In the midst of a bad economy and lower trading volumes, the buy side balances the need to cut costs and consolidate OMS and EMS platforms, while chasing the best integrated solution.
After Goldman Sachs discovered that Bloomberg journos were keeping track of their viewing habits over their Bloomberg terminals, traders have some decisions to make about the company that provides their market data, trading tools, IM and more.
Money manager B. Robert Williamson Jr., the nephew of Wall Street investment guru Julian Robertson, was found dead on Sunday in North Carolina, in water surrounding an island.
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.
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.
ITG's POSIT Match Takes Aim at Fragmentation, LiquidityNovember 01, 2012The firm says its latest offering looks to solve the problem of temporal fragmentation and expensive liquidity at an important time in the trading day.
QUANT GOLD BOOK 2012: RBC's Ryan Larson Favors Man Over MachineAugust 20, 2012As the head of U.S. equity trading for RBC Global Asset Management, Ryan Larson often focuses on liquidity analysis to avoid being gamed by high-frequency traders. But he emphasizes the human element as much as quantitative analysis.
FIX Protocol Risk Checks Take Aim at Fat Finger Trades, Errant OrdersAugust 01, 2012With trading strategies becoming increasingly complex, FIX Protocol Limited is taking aim at errant orders and fat-finger trades with an updated set of guidelines for brokers and their buy-side clients.
The Danger of Too Much Dark LiquidityJuly 25, 2012Dark pools play a critical role in today's market. But rising dark pool volumes mean wider spreads and higher costs on the lit markets, according to researchers in the U.S. and abroad.
Buy-Side Traders Find Liquidity in Dark PoolsMay 03, 2012With U.S. equity volumes in the dumps, the buy side increasingly is searching for liquidity in dark pools, stoking fears about a lack of execution transparency in the opaque markets. But buy-side traders are finding value in the dark -- if they know where
Pipeline Shakes Up Management Following ScandalNovember 16, 2011After settling SEC charges over its dark pool violations, Pipeline tapped a former Liquidnet executive. But can the firm bounce back after lying to its buy-side customers?
Pipeline's Bombshell Hurts All Dark PoolsNovember 15, 2011Trust in dark pools takes a hit as the SEC charges Pipeline with filling customer orders via an affiliated trading entity rather than by matching them against other customer orders, as advertised.
ITG Boosts Swaps Offering With New Futures AlgorithmsOctober 10, 2011Investment Technology Group Inc. announced the launch of a suite of futures algorithms that offer a range of flexible strategies for traders that are either looking to stake out positions or hedge their portfolios.
ITG Launches Algos for Mexican EquitiesSeptember 20, 2011The agency broker is expanding its emerging markets platform in Latin America, citing institutional demand during a volatile period.
ITG Acquires ESP's Settlement Aggregation SoftwareDecember 14, 2010With acquisition, ITG boosts its offering of single ticket clearing for institutions doing algorithmic trading across multiple venues.
Q&A With ITG Managing Director Jamie SelwayOctober 27, 2010In an interview with Advanced Trading, Selway explains how the Flash Crash boosted regulators’ knowledge of how high frequency trading functions and why they don't need to step in to curb market fragmentation.
ITG Unveils Algorithm for Brazilian EquitiesOctober 21, 2010Investment Technology Group Inc. announced its Active algorithm can now be used to trade Brazilian equities as the firm looks to capitalize on growing demand from global clients invested in the Latin American nation’s markets.
