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.
What Need for Speed?March 18, 2013So you think our modern market has fewer opportunities for gaming? Think again. A brief history of how someone can beat you in the market.
NYSE Euronext to Cut Costs Ahead of ICE SaleFebruary 05, 2013NYSE Euronext has pledged
to reduce costs further to offset slower trading as it prepares
for this year's planned sale to IntercontinentalExchange
(ICE).
In ICE-NYSE Deal, One CEO Steps Back, The Other RisesDecember 21, 2012Duncan Niederauer, the chief executive of
New York Stock Exchange operator NYSE Euronext, once
boldly proclaimed that his company could not be acquired.
IntercontinentalExchange Buys NYSE Euronext for $8 BlnDecember 20, 2012IntercontinentalExchange
agreed an $8 billion deal to buy New York Stock Exchange owner
NYSE Euronext on Thursday, propelling the commodities player
into European financial futures and helping it to take on arch
rival CME Group.
CME Says No Plans to Shut Grains Floor TradingNovember 28, 2012The CME Group, the
biggest operator of U.S. futures exchanges, has no plans to shut
open-outcry trading pits but will not change new price
settlement rules for grains despite a lawsuit by a group of
traders, its CEO said on Wednesday.
Mini-Flash Crashes Continue To Fly Under The RadarNovember 19, 2012For no particular reason, events known as mini-flash crashes routinely happen in equities, as fat finger errors and faulty algos interact with HFT firms in the electronic market infrastructure.
Debate Over Market Data Fees to Resurface in Court CaseNovember 13, 2012Lawyers representing a group of brokers, bankers and money managers, along with tech giants, will deliver closing arguments today in a court case fighting new market data fees charged by stock exchanges.
SEC Left Computers Vulnerable to Cyber AttacksNovember 09, 2012Staffers at the U.S.
Securities and Exchange Commission failed to encrypt some of
their computers containing highly sensitive information from
stock exchanges, leaving the data vulnerable to cyber attacks,
according to people familiar with the matter.
Stocks Climb as Improved Oct Hiring Boosts Economy HopesNovember 02, 2012The S&P 500 climbed in early
trading Friday as U.S. employers stepped up hiring in October
and the jobless rate ticked higher as more workers restarted job
hunts, a hopeful sign for a lackluster economy.
Wall St Rallies After Labor Market DataNovember 01, 2012U.S. stocks rallied in morning
trading on Thursday after a pair of positive signs about the
labor market pointed to improving conditions a day before the
U.S. nonfarm payroll report.
Exchanges Plan to Resume Trading WednesdayOctober 30, 2012As New York struggles to recover from a historic storm, the nation's stock exchanges plan to reopen on Wednesday.
NYSE Euronext to Launch European Retail ServiceOctober 15, 2012NYSE Euronext, the
transatlantic exchange group, plans to launch a European trading
platform early next year designed to boost volumes from small
investors by offering them better prices, according to sources
close to the firm.
Sheila Bair's Book Heaps Fresh Stains on John Thain's ReputationSeptember 28, 2012As Hank Paulson prepared to dole out bailout funds to stabilize the nation's financial system, John Thain's biggest concern was how taking government money would impact CEO pay, according to former FDIC head Sheila Bair's new book.
Can Buy-Side Traders Trust Their Brokers' Algos?September 20, 2012In light of the Knight Capital disaster, buy-side traders have to ask if their broker algorithms are safe -- before they blow up the market.