708 articles tagged with this keyword
News/Algorithmic trading
The post-MiFID fragmentation of exchange trading and data has substantially increased the potential for market abuses, according to a new advisory group set up to look at the issue.
16 March 2010
Goldman Sachs is to offer clients streamlined '1Click' access to its suite of algorithmic trading programs in a global effort to improve ease of use and create consistency across its e-trading portfolio.
15 March 2010
Hirander Misra, former chief operating officer of Chi-X Europe has resurfaced as CEO and founding director of new firm Algo Technologies.
Swiss bank UBS is planning to launch a dark pool multilateral trading facility (MTF) for crossing orders in European stocks.
09 March 2010
In a bid to attract high-frequency traders, Bloomberg has expanded its machine-readable news output to offer trending analytics on the hottest content passing over its terminals.
19 February 2010
UBS has lost its bid to get a permanent injunction against three former quant traders accused of stealing proprietary algorithmic trading software with the intent of using it at their new employer, Jefferies.
15 February 2010
Former Goldman Sachs computer programmer Sergey Aleynikov has been indicted on charges related to the theft of propriety code connected to the investment bank's high-frequency trading platform.
12 February 2010
High speed trading firm Getco is set to go back to the future by taking up a position on the floor of the New York Stock Exchange as a designated market maker (DMM).
US trading systems supplier Pragma Securities is to launch a dark crossing network designed to capture liquidity before the open and close of US markets.
10 February 2010
Merrill Lynch Japan Securities (MLJS) has unveiled the country's first third-party co-located service for low-latency electronic trading and direct market access to multiple execution venues.
09 February 2010
Thomson Reuters has boosted its direct market access capabilities through the acquisition of Aegisoft, a US-based provider of electronic trading and testing tools. Terms of the transaction were not disclosed.
In a bid to woo high-frequency traders in London and Chicago, Thomson Reuters has launched a market data delivery service promising microsecond access to "market moving" machine readable news content.
25 January 2010
The European Union is set to follow in the footsteps of US authorities by instituting a probe into the impact of computer-driven trading on stock market practices, according to a report by Bloomberg.
20 January 2010
Chi-X Canada has signed a deal to house its matching engine and colocation customers within Switch and Data's downtown Toronto facility.
19 January 2010
London-based investment firm Quant Capital has deployed Aleri's complex event processing (CEP) technology to support its algorithmic trading strategies and minimise execution latencies.
15 January 2010
Deutsche Bank has hired former Credit Suisse executive Jose Marques to head up its global electronic equity trading business in New York.
14 January 2010
The US Securities and Exchange Commission has proposed new rules prohibiting broker-dealers from providing customers with unfiltered or naked access to an exchange or ATS. The watchdog has also called for comment on issues relating to high-frequency trading, co-locating trading terminals and dark pool trading as it seeks to re-write the rule-book for a new era of computer-driven trading.
The New York Stock Exchange has fined Credit Suisse Securities $150,000 for failing to control development of an algorithm that went awry and flooded the Exchange trading system with hundreds of thousands of erroneous orders.
13 January 2010
JP Morgan has appointed Barclays Capital's Frank Troise as global head of equities electronic client solutions.
Interactive Data is to acquire low latency trading specialist 7Ticks and create a new real-time market data and electronic trading group to capitalise on emerging opportunities in wealth management and auto-trading.
14 December 2009
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