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.
Industry participants question whether identifying dark pools in real-time trade reports will give too much information to high-frequency traders and gamers.
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.
One of the world’s largest hedge funds Winton Capital announced that its Henri Capital spinout will close after two years of trading due to a lack of clients.
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.
Nasdaq OMX Launches ETF ExchangeApril 30, 2013The market maker has recast one of its three exchanges for the trading of exchange-traded funds. Just in time as it takes on dark pools before the SEC.
Nasdaq OMX Enhances UltraFeedApril 09, 2013Nasdaq OMX's UltraFeed now includes U.S. equity market depth data from Nasdaq, NYSE Euronext, Direct Edge and BATS exchanges combined into a single feed. .
Nasdaq's eSpeed Acquisition Gets Pro and Con ReactionsApril 03, 2013The exchange operator's plans to acquire the electronic trading platform for U.S. Treasury bonds and notes raised concerns with analysts at credit rating agencies. But the move will also diversify Nasdaq away from stocks into fixed income products.
Capital Markets Cloud Adoption: Food for Thought or Empty Calories?March 19, 2013NASDAQ OMX conducted a survey of 44 capital markets firms and technology providers in February 2013, to determine cloud adoption rates, activity and existing concerns inhibiting adoption.
PHLX Picks BondDesk Prices and ATS for Executing in TreasuriesMarch 06, 2013Nasdaq OMX partnered with BondDesk for providing real-time pricing to PHLX's newly launched options on U.S. Treasuries, and member firms will execute in the underlying bonds on the BondDesk ATS.
Nasdaq, SharesPost to Set Up Market for Unlisted StocksMarch 06, 2013Nasdaq OMX Group Inc will form
a marketplace for trading in shares of unlisted companies in a
joint venture with small trading platform SharesPost Inc,
tapping into increasing investor interest in private firms.
Regulators Weigh Fixes After Trading DebaclesFebruary 20, 2013Exchanges and other trading platforms would have to perform tests to prevent software errors from unleashing havoc on the market under proposed rules being crafted by regulators.
CBOE Would Consider Going Private If Benefits Shareholders -COOFebruary 15, 2013CBOE Group Holdings Inc, which
became a publicly held company in 2010 after years of effort,
would consider going private again if doing so would benefit its
shareholders, a top executive suggested on Thursday.
Nasdaq Profit Tops Expectations As Non-Trading Revenues RiseJanuary 31, 2013Nasdaq OMX Group
reported a higher fourth-quarter profit on Thursday, as an
increase in non-transaction-based revenues outweighed an
industry-wide drop in trading volumes.
U.S. Debt Ceiling No place for Stand on Spending: Nasdaq's GreifeldJanuary 09, 2013The U.S. borrowing limit should
not be used as leverage by members of Congress to force the
Obama administration to cut spending as there will be other
opportunities to make a stand, said Robert Greifeld, chief
executive of Nasdaq OMX Group.
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.
