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.
It wasn't all Facebook, Facebook, Facebook this week, although you could be excused for thinking that this was all anyone was talking about. Along with a badly bungled IPO, we found scintillating quotes about insider trading, quants vs. humans and a passionate defense of private equity from an unlikely source in a presidential election year. Enjoy AT's Top Quotes of the week -- and remember to have some fun this Memorial Day Weekend.
Facing a dilemma of how to compete with dark pools and internalizers, exchanges are planning their own dark venues to offer better prices to retail investors.
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.
Money manager B. Robert Williamson Jr., the nephew of Wall Street investment guru Julian Robertson, was found dead on Sunday in North Carolina, in water surrounding an island.
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.
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.
Australia's Economy Hitting TurbulenceMay 09, 2013A real estate boom faces some headwinds as commodity prices fall and mining cuts back, but across the globe sunnier skies for Florida's economic forecast could help the Aussie economy.
Susquehanna Renews with SunGard for ComplianceMay 07, 2013Institutional broker dealer Susquehanna Financial Group extended its relationship with SunGard's Protegent as the firm’s platform for trading compliance of its institutional equities trading business.
Bitcoin Joins the Academy of Other Financial Market BubblesMay 07, 2013While not as significant as bubbles in the housing market or Internet tech sector, the recent examples of bubbles in gold, Bitcoin and carbon are worth studying from a risk management perspective.
DTCC Sues CFTC Over Swap Data Repository RulesMay 03, 2013The industry-owned utility is asking a federal court to overturn the CFTC's approval of rules allowing CME and ICE to run SDRs.
Binary Options: The Market's Unsung HeroMay 02, 2013Binary options can have a positive impact on a variety of markets, though they might be misunderstood by regulators.
A Flight to Safety: Making Sense of MarketsApril 03, 2013US equity markets soared to new highs in March, while the conflict in Cyprus raised concerns that led investors to flee the eurozone and seek safety in US credit and debt markets, writes Michael Levas,, CEO of Olympian Capital Management.
Cyprus Says Threat Contained, No Plan to Leave EuroMarch 29, 2013The president of Cyprus said
on Friday the risk of bankruptcy had been contained and the
country had no intention of leaving the euro, in a speech laden
with criticism of Europe's currency union for "experimenting"
with the island's fate.
Investors Head Back to Safety of Bonds — PollMarch 28, 2013Global investors grew more cautious this month, reacting to the crisis in Cyprus by adding to safe-haven bond positions, though cash buffers fell to a two-year low, Reuters monthly poll of asset managers showed on Thursday.
Columbia University Professor Analyzes HFTMarch 22, 2013Based on what it calls 'the first meta-analysis of HFT,' Columbia Business School Professor Charles Jones finds that high frequency trading benefits liquidity and lowers trading costs, echoing other academic studies.
Credit Suisse CEO Pay Jump to Fuel Banker Bonus DebateMarch 22, 2013Credit Suisse raised
the pay of its chief executive by a third in 2012, a move likely
to stoke public and political anger over banker pay after a year
in which the Swiss group's profits fell and its shares stalled.
New Columbia Business School HFT Paper Is DisappointingMarch 21, 2013The study by Charles Jones cite the usual benefits of HFT: enhanced liquidity and more efficient markets. But what about the conflicts of interest and order types designed specifically for the benefit of high frequency players?
Captrust Financial Advisors Deploys Linedata Front Office SuiteMarch 21, 2013The wealth management firm will manage its institutional equity and fixed income business through Linedata's consolidated platform covering portfolio management, trading, pretrade compliance and reporting.
ECB Gives Cyprus Bailout Ultimatum, Banks Face CutoffMarch 21, 2013The European Central
Bank gave Cyprus until Monday to raise billions of euros to
clinch an international bailout or face losing emergency funds
for its banks and inevitable collapse.
Senate Banking Panel Approves Obama's SEC, CFPB ChoicesMarch 19, 2013A U.S. Senate panel voted
to move forward two of President Barack Obama's choices to lead
financial regulatory agencies, but his pick of Richard Cordray
to lead the new consumer bureau likely still faces a tough path
to final confirmation.
Cyprus Aims to Let Small Savers Out of Deposit Tax; Veto Still LikelyMarch 19, 2013Cyprus's government proposed
on Tuesday to spare small savers from a divisive levy on bank
deposits but said it expects parliament to reject the measure,
needed to secure an international bailout and avoid default and
a banking collapse.
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.
U.S. Market Regulators Not Expecting Job Cuts From SequestrationFebruary 22, 2013The country's top Wall Street regulators are not expecting layoffs or furloughs in the event that Congress is unable to avoid across-the-board spending cuts known as "sequestration."
known as "sequestration."
Ex-Goldman Sachs Prop Traders Fail At Hedge FundsFebruary 22, 2013Benros Capital joins the list of hedge funds run by former prop traders at Goldman Sachs to bite the dust. Wasn't this the reason the banks paid those bonuses during the bailouts?
EU's Financial Transaction Tax Stirs Up Controversy on TwitterFebruary 15, 2013The EU's decision to push ahead with the financial transaction tax with support from only 11 countries, including France, Germany and Spain, triggered diverse viewpoints on Twitter.
