Ivy Schmerken

Ivy Schmerken

Editorial Director at FlexTrade Systems
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Bio Writer of blogs and whitepapers about electronic trading, financial regulation, capital markets and technology. I turn complex topics into stories. Career History More than 25 years of experience as a financial tech and markets writer with Wall Street & Technology and Advanced Trading.


Capital Markets Technology

Revised SEC Rule 606 Shines the Light on Order Routing Disclosures

10 Dec 2019

Change is brewing in the way that sell-side order routing data is reported to institutional customers. Broker-dealers will begin collecting vast amounts of data on January 1st for compliance with the revised SEC Rule 606 next year, shining the light on where brokers route U.S. equity orders in today’s highly automated, dispersed and complex nation...


Capital Markets Technology

Exchange Landscape Gearing Up for Expansion in 2020

22 Oct 2019

As a sign of the evolving U.S. equity trading landscape, two startups and one options exchange operator plan to launch as many as three new exchange platforms in 2020, and a fourth could be waiting in the wings. Members Exchange (MEMX), Long Term Stock Exchange (LTSE), and Miami International Holdings, operator of the MIAX Exchange Group, plan to c...

Capital Markets Technology

AI: Natural Language Processing and the Battle for Unstructured Data

09 Sep 2019

With digital transformation in full swing, trading desks are inundated with emails, voice calls and chat to process and analyze. Most of this data needs to be captured, tagged and stored for regulatory purposes. But in capital markets, keeping up with the torrent of research reports in email, quote requests, and chat conversations with clients can ...

Capital Markets Technology

Algo Wheels Spinning into Futures

23 Aug 2019

Algo wheels have become a popular technology in equities trading, but now there are signs that algo wheels are expanding beyond equities into multiple asset classes such as futures. In equities, the measurement tool, integrated with an execution management system, enables firms to automate the algo selection process, quickly switch from one strateg...