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.
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.
Differences Between Dark and Lit TradingMay 02, 2013Distinguishing between "dark and lit" trading venues in strategy discussions must consider the order size because small trades parsed algorithmically across venues have a different impact on information leakage than block trades.
Corporate Bond Market Needs Price Discovery Overhaul —ReportApril 16, 2013As buy side firms scramble for liquidity in corporate bonds, a new report Tabb Group lays out the need for a new price discovery mechanism with new tools and pricing sources to replace traditional phone-based quoting.
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.
Knight Capital's Rogue Algorithm a Wake-Up Call to the Buy SideAugust 24, 2012A head trader at a firm with more than $200 billion under management tells Advanced Trading that the buy side generally puts a lot of blind faith in the tools provided by their brokers, almost to the point of complacency.
Equity Market Structure Confidence at All-Time LowAugust 21, 2012Only 2 percent of capital markets industry professionals indicate their market structure confidence is very high, according to survey results from TABB Group.
How the Buy Side Can Protect Against Rogue Algos, Broker ErrorAugust 10, 2012In the aftermath of the fallout stemming from Knight Capital Group's disastrous trading error, Tabb Group's Miranda Mizen breaks down steps the asset management community can take to protect themselves from market mayhem.
Can Social Media Sharpen Quant Models?June 29, 2012Experts scoff at the idea of social media-based sentiment analysis being the backbone of a trading strategy. But it could hold promise as a part of a multifactor quant model.
Flash Crash Anniversary Sees More OversightMay 07, 2012Since the market's loss of nearly 1,000 points two years ago, circuit breakers have been activated with greater frequency.
Can Strained Broker-Dealer Relationships Be Repaired?May 02, 2012A scathing op-ed in The New York Times by a former Goldman Sachs trader reveals the potential conflict between sell-side firms and their clients. It also rekindles an age-old debate: Can you trust your broker-dealer?
Meet the Next-Generation TraderApril 03, 2012Thanks to electronic markets, high-speed trading and intelligent algorithms, today's buy-side trader must evolve to survive.
Are the Buy-Side Trader's Days Numbered?March 30, 2012As the rise of black-box trading has transformed the industry, buy-side traders have had a tough time reinventing themselves. But even in the Age of Algos, there is still plenty of value for the buy-side trader to add.
Are the Markets Just Too Fast?March 02, 2012Regulators including the SEC and the CFTC are struggling to keep up with and keep a grip on the warp-speed world of high-frequency trading -- and they are considering some severe measures as they struggle to understand just what HFT is.
How Buy-Side Traders Are Adapting to the VolatilityJanuary 25, 2012Buy-side traders are demanding stronger trading tools to navigate the increasingly volatile markets, according to a recent TABB Group study.
5 Trends Shaping the Buy-Side Trading DeskNovember 04, 2010Among the top trends on the buy-side trading desk in 2011, the biggest development is likely to be the increased reliance on transaction cost analysis to entice institutional investors and ensure best execution.
Instinet Unveils Algorithms for Asia PacificNovember 02, 2010Instinet's Execution Expert consists of ten individual strategies customized to meet the trading challenges in Asia-Pacific.
Algorithmic Trading in the FX MarketOctober 27, 2010Adoption of FX algorithms is on the rise, and from black-box origins they are moving to a customizable, white-box model, according to Celent's analyst.
