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?
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 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 to look.
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.
traders on broker coverage, revealed that buy side firms are not completely satisfied with sales traders and that brokers may be wasting resources on analytics and other services.
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.
JP Morgan and Heuristics – Lessons from the WhaleMarch 26, 2013JP Morgan's decisions in handling the London Whale incident can be traced to a series of cognitive biases and limitations, writes Andrew Waxman, who analyzes bank executives' responses based on the work of psychologist Daniel Kahneman.
Mixed Reactions to Dow's Hitting a MilestoneMarch 08, 2013This week, the Dow Jones Industrial Average surged past 14,000 for the first time since 2007, on the strength of corporate earnings and the Fed’s stimulus, but investors questioned the authenticity of the rally.
How to Manage "Genius Trader Risk"January 15, 2013After a series of trading blow-ups by rogue traders, meet "the genius trader," who can do even worse damage. With their superior intellect, big egos,and technical expertise, they can easily win over CEOs. But, can risk managers reign them in?
Dimon Denial: Not Too Big To FailJuly 13, 2012Despite the terrible losses, the PR nightmare and the firings of senior managers, JPMorgan CEO Janie Dimon still thinks his bank is just the right size.
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
Jamie Dimon In The HouseJune 20, 2012The fawning may not have been as egregious as last week's Senate testimony but the JPMorgan CEO showed how to smooth over a hellaciously bad bet.
Dimon: JPMorgan Was Honest With ShareholdersJune 19, 2012JPMorgan Chase & Co
Chief Executive Jamie Dimon said his bank was upfront with
investors about its multibillion-dollar trading loss, even as
regulators investigate whether JPMorgan disguised a dramatic
rise in risk-taking.
How the SEC Could Pursue a Case Against JPMorganJune 12, 2012JPMorgan Chase's failure to timely disclose a major change in how it measured risk could become the centerpiece for an enforcement action by U.S. securities regulators as they probe the bank in connection with its multibillion dollar trading loss.
Facebook & Grexit Fallout: What's Next?May 23, 2012An overblown IPO and a blown out European economy are bringing nothing but bad news to the US as we struggle to emerge out of a nearly four year-old recession.
What If Goldman Sachs Lost a $2 Billion Bet?May 15, 2012Wall Street golden boy Jamie Dimon is in a PR nightmare - usually the realm of Goldman Sachs. What would the reaction be if the CEO in the penalty box were Lloyd Blankfein?
MF Global's Disappearing CashNovember 29, 2011Although $200 million in cash from MF Global has surfaced at JP Morgan in Britain, customers may never see the money.
JP Morgan Gets a Global Electronic RefreshOctober 27, 2011JP Morgan revamped its algorithms, aggregated internal liquidty and hired quants on a global scale to win the buy side's electronic trading business.
Six Firms to Publish European Crossing Volumes May 24, 2010Six firms have launched an initiative to improve transparency in post-trade over-the-counter equity markets by reporting the volumes of cash equity trades crossed in their automated crossing systems through a service provided by Markit.