Algorithmic trading

708 articles tagged with this keyword

/Algorithmic trading

Anonymous FX market model mooted at Sibos

The extent of demand for anonymous, electronic trading in the FX market was debated during a lively panel discussion on e-FX at the Sibos event in Boston.

/Algorithmic trading

Capis selects Fidessa for equity trading

US institutional brokerage Capital Institutional Services (Capis) is implementing technology from British vendor Fidessa to support its equity trading operations.

/Algorithmic trading

Neovest launches multi-broker algorithm management system

JPMorgan subsidiary Neovest has launched AlgoGenetics, a so-called multi-broker 'algorithmic management system' that enables buy side traders to centralise and manage over 100 unique algorithms from brokers and technology vendors.

/Algorithmic trading

Exchanges to retain majority share of equities trade volume - study

Despite the growth of ECNs, dark pools and alternative trading systems (ATSs) traditional exchanges will retain a large slice of the US market share for equities trade volume, according to an impact report from Aite Group.

/Algorithmic trading

Goldman takes minority stake in Direct Edge ECN

US investment bank Goldman Sachs is acquiring a minority equity interest in Knight Capital's Direct Edge ECN. Financial terms of the transaction were not disclosed.

/Algorithmic trading

Orc Software releases hosted platform for algo trading

Sweden's Orc Software has launched a hosted version of its Liquidator trading platform that enables users to deploy custom algorithmic derivatives trading strategies with ultra-low latency.

/Algorithmic trading

FPL beta tests FIX algorithmic trading language

Industry standards body FIX Protocol Limited (FPL) says the new FIX Algorithmic Trading Definition Language (FIXATDL) is now being beta-tested and will be released later this year.

/Algorithmic trading

Lehman introduces vendor access to liquidity pool

US investment bank Lehman Brothers is expanding access to its dark liquidity platform Liquidity Cross (LX) by enabling clients to route orders from third party vendor systems.

/Algorithmic trading

SocGen hires John Shaw to expand US program trading operations

Societe Generale has hired John Shaw from Jefferies as managing director of the firm's global program trading and electronic services group in New York.

/Algorithmic trading

Citi names Richard Evans global head of electronic execution

Citigroup has promoted Richard Evans to head up its electronic execution business globally out of London.

/Algorithmic trading

Eurex targets proprietary traders

Swiss German derivatives exchange Eurex is looking to lure proprietary trading firms in emerging markets with a two-year fee waiver programme for volume traders.

/Algorithmic trading

ITG launches matching system in Canada

New York-based Investment Technology Group (ITG) has launched Match Now, an alternative market that offers continuous matching for dealers trading Canadian equities.

/Algorithmic trading

Toronto Stock Exchange sues rival ATS for copyright infringement

The Toronto Stock Exchange (TSX) has filed a lawsuit that accuses rival upstart exchange Pure Trading of copyright infringement and of illegally using its trading system specifications.

/Algorithmic trading

SWX re-vamps infrastructure for algo trading

SWX Swiss Exchange and its screen-based market operator virt-x have begun the first phase of a three year infrastructure upgrade programme intended to cater for increased demand for direct market access (DMA) and algorithmic trading.

/Algorithmic trading

Citi confirms acquisition of Automated Trading Desk

Citi has confirmed that it is buying Automated Trading Desk (ATD), a South Carolina-based electronic market making and proprietary trading firm, for about $680 million in cash and stock.

/Algorithmic trading

BATS founder and CEO steps down as exchange status talks continue

Dave Cummings, the founder of BATS Trading, will step down as CEO on Monday to focus on his Tradebot Systems proprietary trading firm. Joe Ratterman is being promoted to president and CEO as the electronic trading firm continues informal talks with the SEC about applying for exchange status.

/Algorithmic trading

Citi in talks to buy Automated Trading Desk

Citigroup is in advanced discussions to buy South Carolina-based algorithmic trading firm Automated Trading Desk (ATD) for around $700 million, according to a Wall Street Journal report.

/Algorithmic trading

Mitsubishi deploys Aleri and Sybase technology to support algo trading

Mitsubishi UFJ Securities International is installing a tick capture platform based on technology from Aleri and Sybase to support algorithmic and strategy trading initiatives at its operations in London.

/Algorithmic trading

ABN Amro gives algorithms Velocity treatment

ABN Amro Capital Markets is using market data software from California-based Vhayu Technologies to provide real-time and historical VWAP calculations and trade volume profiles for its proprietary equities trading application.

/Algorithmic trading

London Stock Exchange steps up a gear with £40 million TradElect switch

The London Stock Exchange will today flip the switch on TradElect, a new £40 million trading system that is designed to raise capacity fivefold and position the market for higher volume automated dealing.