Algorithmic trading

706 articles tagged with this keyword

/Algorithmic trading

Former Goldman programmer arrested again over HFT code theft

Sergey Aleynikov, the former Goldman Sachs programmer who had his conviction for stealing the bank's propriety HFT code overturned earlier this year, has been hit with fresh charges.

/Algorithmic trading

Knight Capital blames tech glitch for stock market chaos; faces $440m pre-tax loss

Knight Capital says that a "technology issue" at its market making unit was behind the volatile price movements in 140 shares yesterday that forced Nyse Euronext to cancel trades.

/Algorithmic trading

I Robot: Thomson Reuters adds psych analysis to machine-readable news

Thomson Reuters is adding "psychological analysis" to its machine-readable news service, interpreting the emotion and sentiment of stories and social media posts to help investors develop trading strategies.

/Algorithmic trading

Fear the number 13: Superstitious fund algo picks stocks based on numerology

A "superstitious" trading fund that uses an algorithm that picks stocks based on numerology and astrology is being launched by a design student.

/Algorithmic trading

Facebook IPO fallout continues as investor sues Nasdaq OMX

Nasdaq OMX is being sued by an investor over its botched handling of the Facebook IPO, which saw trading delayed and failed order cancellations.

/Algorithmic trading

Morgan Stanley penalised for DMA algo trade gone wrong

Nasdaq OMX Stockholm has slapped a Skr400,000 fine on Morgan Stanley after a Direct Market Access (DMA) client of the US bank mis-keyed an algo trade that spooked the markets and triggered an intraday auction by one of the Exchange's automatic volatility guards.

/Algorithmic trading

Nasdaq to compete with brokers in algo trading

Nasdaq OMX plans to compete with US brokers in the provision of algorithmic trading software tools.

/Algorithmic trading

Norwegian court acquits day traders in algo cracking case

A pair of Norwegian day traders who cracked the algorithms of US broker Timber Hill have been cleared of wrongdoing by the Supreme Court, according to local press reports.

/Algorithmic trading

Finance Watch demands European HFT crackdown

Finance Watch, a European association lobbying under the banner 'making finance serve society', has called on the EU to crack down on high-frequency trading.

/Algorithmic trading

HFT firm Optiver pays $14m over oil price manipulation

Dutch high-frequency trading firm Optiver will pay $14 million to settle US regulatory charges accusing it of manipulating crude oil prices.

/Algorithmic trading

Quote MTF launches liquidity-on-demand platform

Quote MTF has outlined plans for a European 'liquidity-on-demand' trading venue, giving participants control over how, and with whom, they trade.

/Algorithmic trading

Judges explain decision to free Goldman programmer

A US Appeals Court says that it overturned the conviction of former Goldman Sachs programmer Sergey Aleynikov for stealing the bank's propriety HFT code because such code is "intangible property" and so not covered by the laws he was charged under.

/Algorithmic trading

FX algo trading to take off - Greenwich Associates

With foreign exchange evolving into a mainly electronic marketplace, the industry is poised to see massive growth in the use of algorithmic trading strategies, according to research house Greenwich Associates.

/Algorithmic trading

HKEx embarks on US$380m tech overhaul

Hong Kong Exchanges and Clearing (HKEx) is betting US$380 million on a three year technology programme designed to boost the island's standing on the world's financial stage.

/Algorithmic trading

European parliamentarian demands tougher crackdown on HFT

A European Parliament report is calling for the Commission to toughen up its crackdown on high-frequency trading under MiFID II.

/Algorithmic trading

Getco fined $450k over lax HFT supervision

The broker-dealer unit of Getco has been fined $450,000 for failing to properly supervise its high-frequency trading.

/Algorithmic trading

Shanghai Stock Exchange takes on HFT speculators

The Shanghai Stock Exchange (SSE) has become the latest bourse to signal a crackdown on the huge number of messages high-frequency traders generate.

/Algorithmic trading

Direct Edge and Nasdaq bid to curb HFT messaging with fines

US exchange operators Nasdaq OMX and Direct Edge have outlined incentive plans designed to encourage high-frequency traders to cut back on the huge number of messages they generate.

/Algorithmic trading

Thomson Reuters launches social media sentiment analysis service

Thomson Reuters is adding information and sentiment analysis from social media sites and blogs to its machine-readable news service.

/Algorithmic trading

Exchange competition and HFT get hostile reception in UK market review

A government-sponsored independent review into the performance of UK equity markets has encountered deep scepticism among asset managers of the wisdom of opening national stock markets to competition and scathing criticism of the role played by high frequency traders in distorting market values.