Monthly Archives: June 2013

Royal Bank of Canada Gains Customers by Shunning High-Frequency Trading

Many top Wall Street firms have thrived by using high-frequency and dark-pool trading. But Royal Bank of Canada (RBC) has built its customer bank by shunning those practices, The New York Times reports. On dark-pool markets, banks execute customer orders … Continue reading

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Optiver looks beyond EU for growth

High-frequency trading firm Optiver made over half of its revenues from outside the EU for the first time in its history last year, as European regulators take a hardline stance towards high-speed trading. The Dutch group, one of the world’s largest HFT … Continue reading

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University data sparks debate about trading policy

Economic data produced by the University in collaboration with Thomson Reuters has been in this month’s headlines of the Huffington Post, The Wall Street Journal and The New York Times — portraying the University in a less than positive light. … Continue reading

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LEADING MARKET PARTICIPANTS JOIN TO FORM NEW CANADIAN STOCK EXCHANGE

Aequitas seeks broad support to build innovative and cost-efficient exchange that levels the playing field for all market participants A marketplace that protects investors against predatory and opportunistic trading strategies, and where all Canadian-listed securities can be traded. A senior … Continue reading

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Exalt Targets High-Frequency trading

CAMPBELL, Calif. — Exalt Communications, Inc., the leading innovator of next-generation packet microwave backhaul systems, today announced Adaptive Latency Control, a breakthrough approach to slashing latency and minimizing network noise in financial trading networks supporting high frequency trading (HFT). This … Continue reading

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Bay Street firms pitch TSX rival exchange

Canada’s biggest bank is joining with other major financial players to create a new stock exchange that the creators say will keep costs low and discourage computerized high-frequency trading, which some say is sapping confidence in market fairness. Royal Bank, … Continue reading

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Market Structure, Broker Conflicts Do More Harm Than HFT

When Pragma, Securities an expert firm specializing in trading, published itsreport showing how high frequency trading (HFT) hurts investors I had expected to see some significant impact, or at least widespread discussion. Instead it appears to have sunk with little more … Continue reading

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CFTC’s Chilton Seeking Review of CME Wash-Trade Restrictions

U.S. regulators should review CME Group Inc. (CME)’s plan for blocking wash trades to ensure that it sufficiently restricts the illegal transactions, said Bart Chilton, a member of the Commodity Futures Trading Commission. CME’s plan for preventing the trades, in … Continue reading

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Regulator Criticizes Exchange Efforts on ‘Wash Trades’

A Commodity Futures Trading Commission official said Monday a new program by CME Group CME -0.65% aimed at preventing illegal trades on the futures exchange needs more scrutiny. The CFTC has been investigating whether high-frequency traders are routinely using so-called “wash trades” — where … Continue reading

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Regulator seeks inquiry of super-fast trading

Traders using super high-speed computers executed as many as 500 trades per second at the daily openings and closings of commodity markets during the past year, a federal regulator said Monday in a call for expanded examination of the trading … Continue reading

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