Category Archives: Market Making

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

Posted in Articles, Business, Events, Finance, Financial Instruments Directive, High Frequency Trading, high-frequency journalism, Insider Trading, Market Making, U.S. Economy, Wall Street | Tagged , , , , , , | Leave a comment

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

High-Speed Traders Profit at Expense of Ordinary Investors, a Study by Chief Economist at the Commodity Futures Trading Commission, Andrei Kirilenko, Says

A top government economist has concluded that the high-frequency traders that have come to dominate the nation’s financial markets are taking significant profits from traditional investors. The chief economist at the Commodity Futures Trading Commission, Andrei Kirilenko, reports in a coming … Continue reading

Posted in CFTC, CME Group, Food for Thought, Market Making, Practitioners | Tagged , , , , , , , , , , , , , , , , , , | 1 Comment

European Union Plans on HFT Regulation with Philippe Guillot, AMF, at High-Frequency Trading Leaders Forum 2013 London

European regulators are now taking a shot at promoting transparency. Last year, the European Commission put forth a proposal for an update to its Markets in Financial Instruments Directive, or MiFID, which was passed in November 2007 to create a more … Continue reading

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Knight Capital Expects Final Bids Soon from Rival Trading Firms Getco LLC and Virtu Financial LLC

Knight Capital expects to make a decision on its future ownership by early next week, according to people familiar with the matter. Rival trading firms Getco LLC and Virtu Financial LLC, which have submitted bids to buy the Jersey City, N.J., … Continue reading

Posted in knight capital, Market Making, NASDAQ, NYSE, Wall Street | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | 1 Comment

EU Lawmakers Seek High-Frequency Trade Curbs in Markets Law

Lawmakers backed tougher European Union curbs on high-frequency trading and limits on commodity speculation as part of a push to toughen the bloc’s financial market rulebook. European Parliament legislators, voting in Brussels today, also called for the European Securities and … Continue reading

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Taming the High-Speed Traders

High-frequency trading, which dominates the market in the United States, and has been associated with some high-profile problems in this country, is getting more oversight abroad, in places like Germany, Australia and Canada. As Nathaniel Popper of The New York Times puts it, … Continue reading

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Are Average Investors Getting Bilked by Wall Street Supercomputers?

As long as there has been a Wall Street, there have been those seeking to skim a little (or a lot) off the top of the vast wealth changing hands in the markets each day. Though capital markets in America … Continue reading

Posted in Business, Finance, Market Making, SEC, The Wall Street Journal, U.S. Economy, Wall Street | Tagged , , , , , , , , | Leave a comment

High-Frequency Trading: It’s Worse Than You Thought

High-frequency trading, which already has a sullied reputation, is even worse than the critics have charged, a new survey shows. The Federal Reserve of Chicago recently asked 30 firms associated with the industry — traders, exchanges, vendors and others — to evaluate … Continue reading

Posted in Business, Finance, High Frequency Trading, high-frequency journalism, Insider Trading, knight capital, Market Making | Tagged , , , , , , , , , , , , , , , | Leave a comment

Gaming the High Frequency Trading Programs (HFTs) for Fun

There has been much debate and controversy about the negative effects of high frequency trading programs (HFTs).  The arguments range from stealing market liquidity, price manipulation, and unnecessary volatility to being responsible for the flash crash.  While there are many negatives to … Continue reading

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