The number of shares traded via high-frequency trading are down and politicians want to roll out a tax to serve as a speed bump. Some are wondering if microsecond dealings are poised to fade away.
Just because regulators are gaining an IT advantage in market surveillance it doesn't mean that broker-dealers can relax. If they want to avoid fines and keep their trading license, remaining vigilant against suspicious trades and compliance infractions is still Job One.
With major dealers shrinking their inventories of corporate bonds, buy side institutions are seeking ways to find liquidity over alternative trading platforms that are emerging to solve the liquidity shortfall.
Suitors of Knight Capital Group are eyeing the firm's retail order flow, but they'll also look to save money by eliminating overlapping infrastructure like duplicate colo facilities.
Just because regulators are gaining an IT advantage in market surveillance it doesn't mean that broker-dealers can relax. If they want to avoid fines and keep their trading license, remaining vigilant against suspicious trades and compliance infractions is still Job One.
The number of shares traded via high-frequency trading are down and politicians want to roll out a tax to serve as a speed bump. Some are wondering if microsecond dealings are poised to fade away.
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.
Where's the Next Bernie Madoff Hiding?May 01, 2013Wall Street isn't the only place the the next con man could be hiding; academia and other industries can also fall victim to data manipulation.
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.
Ivy Asset Mgmt Settles With NY for $210 Mln Over MadoffNovember 13, 2012Ivy Asset Management agreed to pay $210 million to settle lawsuits over advising clients to invest with Ponzi schemer Bernard Madoff,
the New York State Attorney General said on Tuesday.
U.S. Grain Trade Wants Answers in PFGBest Broker ScandalJuly 12, 2012The largest U.S. grain trade
group was stunned by the latest scandal to hit the futures
industry when Iowa-based brokerage PFGBest collapsed after
regulators accused the firm of misappropriating customer funds.
Madoff's Calls From JailFebruary 28, 2011The Ponzi scheme artist confesses his crime, but once again implicates the big banks and friends that fed him funds.
Close Ties: Bernie, Wilpon and The MetsFebruary 03, 2011The friendship between Mets' owner Fred Wilpon and Bernie Madoff entwined the ball club's finances with the con artist.
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.
Spotlight on Regulation: The New Rules of the GameSeptember 15, 2009The SEC has had a busy summer not only revamping its internal processes and procedures but also focusing on potential regulation in four major areas: the over-the-counter derivatives market, short selling, dark pools and sponsored access to exchanges.
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.
Ruth Madoff Faces Lawsuit From Picard to Recover $48 Million July 30, 2009Complaint charges that funds were transferred directly to Ruth Madoff from Bernard Madoff's securities business during the past six years or to companies that she was an investor in.
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.
Madoff’s Mets Tickets Reap $7,500 on eBayApril 13, 2009Two opening-day Mets tickets, part of a season ticket package formerly owned by convicted Ponzi schemer Bernard Madoff's company, fetched $7,500 in an eBay auction Sunday morning,
