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.
Trust in all dark pools takes a hit as the industry reacts to SEC charges that Pipeline filled the vast majority of customer orders through an affiliated trading entity rather than by matching them against other customer orders, as advertised.
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.
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.
Price Manipulation Risk – The Big UnknownFebruary 05, 2013Despite efforts to strengthen controls, the Libor scandal and recent valuation problems with JP Morgan's "London Whale" trade point out that banks still have exposure to price manipulation risk.
UK's RBS to Get Libor Punishment Next Week - SourcesFebruary 01, 2013Royal Bank of Scotland
will next week agree a settlement with U.S. and British
authorities for its part in a global rate rigging scandal,
sources familiar with the situation told Reuters.
UK Court Forces Barclays to Reveal Staff on Libor ListJanuary 24, 2013A British judge forced Barclays
to identify top executives alongside traders linked to
a probe into rate fixing, naming ex CEOs Bob Diamond and John
Varley and current Finance Director Chris Lucas on Thursday
despite requests for anonymity.
Ex UBS Boss Blames "Mercenaries" for Libor DebacleJanuary 10, 2013The former chief executive
of UBS blamed "mercenaries" for its role in the global
interest-rate rigging scandal that has further undermined the
Swiss bank's once venerable reputation.
Corporate Borrowers Question Libor's Accuracy, But Still Use ItSeptember 24, 2012Some major corporate borrowers
in Europe and the United States think Libor, the interest rate
at the center of an international rate-rigging inquiry, is not
an accurate benchmark against which to price loans, but few are
considering using an alternative.+ Comment
Barclays Retail Boss Jenkins Gets CEO TaskAugust 30, 2012Britain's Barclays has
picked softly spoken retail boss Antony Jenkins as its new chief
executive to fill the shoes left by Bob Diamond, the colorful
American investment banker who resigned after a rate-rigging
scandal.
Ex-RBS Trader Details Bank's Libor FixingAugust 23, 2012A former dealer for the Royal
Bank of Scotland Group PLC has provided fresh details
on how traders at the British bank tried to influence Libor
rates, court documents filed in Singapore show.
Would Going Back to Simpler Times Re-Inflate the Equities Market?August 15, 2012Many market participants are saying we need to go back to simpler times, when spreads were wider, trading was slower, markets were simpler, research was more prevalent, and capital was more pervasive. But would that really fix the equity markets?
Libor Rate No Longer Fit for Purpose - RegulatorAugust 10, 2012Libor benchmark interest rates
are no longer "fit for purpose" and must be changed or replaced,
Britain's regulator said on Friday as he set out proposals to
restore their credibility.
Bernanke, Geithner Response to Libor Scandal Rings HollowJuly 27, 2012Ben Bernanke heads the most powerful central bank in the world. Yet the Federal Reserve chairman says he was largely powerless to stop what some are calling the biggest financial fraud in history: the systematic manipulation of a key global interest rate.
Barclays Dragged Into New Probe After Libor BlowJuly 27, 2012Barclays revealed a new regulatory probe and more U.S. lawsuits on Friday, making it harder for the British lender to rebuild its reputation damaged by the central role it played in the interest rate-rigging scandal shaking banks.
