Author Archives: cbasdeo09

High Frequency Trading Firm Getco Reported Earnings For The First Time, And It Was A Massacre

According to Business Insider’s Linette Lopez, Getco, the high frequency trading firm that bought Knight Capital last year, reported earnings for the first time yesterday, and it was total carnage. The company’s profits were down 82% from this time last year because the … Continue reading

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Regulation Should Leave Market Microstructure Alone, Says Philippe Guillot, Financial Markets Chief

(February 14, 2013, New York)According to Waters Technology’s Steve Dew-Jones, Regulators are giving Mifid I—which increased competition—a vote of confidence, but are also highlighting the increased complexity and unintended consequences that followed the legislation. In this regard, Philippe Guillot, executive … Continue reading

Posted in Articles, Business, Events, Finance, High Frequency Trading, high-frequency journalism, Market Making, Regulatory Updates, U.S. Economy, World Economy | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | 1 Comment

High-frequency agent guilty of stealing secrets

According to The Sydney Morning Herald’s Gareth Hutchens, NICK Leeson was in Australia less than four months ago. The infamous ”rogue  trader” of the 1990s was the drawcard speaker at the annual Fix Conference  2012, where the topic of the moment was … Continue reading

Posted in Articles, Breaking News, Business, Finance, High Frequency Trading, high-frequency journalism, Insider Trading | Tagged , , , , , | 1 Comment

Al Gore, Sociologists, Address High-Frequency Trades

According to Wall Street Pit’s Eric Falkeinstein, Al Gore’s latest tome The Future warns us that: There are already several reckless practices that should be immediately stopped: the sale of deadly weapons to groups throughout the world; the use of … Continue reading

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High-frequency trading to generate $2B this year

According to Life Health Pro’s Warren S. Hersch, High-frequently trading will generate $2 billion in in revenue in 2013, according to a new report. TABB Group, New York, published this finding in a summary of results from a survey on … Continue reading

Posted in Equity Markets, Finance, High Frequency Trading, Market Making, TABB Group poll, U.S. Economy | Tagged , , , , , , , , , , , , , , | 1 Comment

Traders prepare for HFT shift into emerging markets

Better infrastructure and deeper liquidity is attracting high-frequency traders to exploit EM currencies, say traders and technology providers The effects of high-frequency trading (HFT) on developed foreign exchange markets have been well-documented in recent years, but signs of HFT are … Continue reading

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HFT Technologies LLC Opens New Consulting Company to Help IT Departments Prepare for Dodd-Frank

HFT Technologies LLC announced the launch of a new company, HFT Pros, to provide on-site consultingand staff supplementation services to financial firms throughout Chicago, New York City and other major financial centers. Demand for IT consultants with trading systems experience is expected … Continue reading

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B of E Studies HFT: Begins and Ends with Ambivalence

A recent working paper from the Bank of England reports on efforts to understand the rise of high-frequency trading and its impact on equity markets. I think it fair to say that the study fails to get any firm grasp of its … Continue reading

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SEC suspends an investment consultant for not taping client’s orders

Bangkok, January 23, 2013 – The SEC imposed a two month suspension on Arporn Piyapanich, a securities market investment consultant of SCB Securities Co., Ltd., effective from January 23, 2013. The SEC received a  report  from SCB Securities Co., Ltd. that … Continue reading

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Intilop’s Record breaking Ultra-low latency FPGA-NIC delivered

Santa Clara, Calif., Jan 28, 2013 – Intilop, Inc. a pioneer and a recognized leader in providing complex networking Mega-IP building blocks and full systems, today announced delivery of a true ultra-low latency NIC + System Platform powered by their … Continue reading

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