Category Archives: The Wall Street Journal

Goldman Set to Relaunch Hong Kong Dark Pool

Michelle Price for Dow Jones writes that Goldman Sachs is set to relaunch its Hong Kong dark pool after the bank was forced to halt trading on the venue in 2009, Financial News has learnt. The development comes amid a … Continue reading

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High Frequency Traders Make The Markets Much More Liquid, Transparent, And Fair

Several years ago, when ‘high frequency’ trading first captured the imagination of the commentariat, I was on a radio show panel on which the health of the stock market was discussed. One participant, a fairly well known columnist for a … 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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Stocks Try to Regain Footing

U.S. stocks gyrated in skittish trading, as the market tried to regain its footing after a week of renewed angst over the Federal Reserve’s eventual wind-down of stimulus efforts. The Dow Jones Industrial Average rose 21 points, or 0.1%, to … Continue reading

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Speedy Traders in Talks on Tie-Up

Two of the largest independent U.S. high-frequency-trading firms are in early merger discussions, as a downturn in trading opportunities has spurred cutbacks and tie-up talks among rivals. RGM Advisors LLC and Allston Trading LLC have discussed a deal that would … Continue reading

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EU Agrees on Tighter Oversight of ‘Dark Pools’

European Union states reached a tentative deal Monday to tighten regulation of derivatives markets that sets finance ministers on a collision course with the European Parliament, opening the prospect of months of haggling over a compromise deal. The rules, known … Continue reading

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High Speed Traders Exploit Loophole of CME Computer System

High-speed traders are using a hidden facet of the Chicago Mercantile Exchange’s CME -1.13% computer system to trade on the direction of the futures market before other investors get the same information. Using powerful computers, high-speed traders are trying to … Continue reading

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U.S. Regulators Investigating if High-frequency Traders are Distorting Stock and Futures Markets: ‘Wash Trades’

According to The Wall Street Journal’s Scott Patterson, Jenny Strasburg and Jamila Trindle, U.S. regulators are investigating whether high-frequency traders are routinely distorting stock and futures markets by illegally acting as buyer and seller in the same transactions, according to … Continue reading

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Warren Buffett to HFT Critics: “It Doesn’t Make a Difference if You Own Stocks for a Long Period of Time”

Barron’s After announcing 2012 results on Friday, Berkshire Hathaway chief Warren Buffett made one of his regular stops on CNBC, speaking with Becky Quick about all manner of stock-market related issues. On high-frequency trading, and whether it hurts main street … Continue reading

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China Merchants Securities extends algorithmic trading to customers using Progress® Apama® platform

Chinese investment bank offers customizable, low latency trading strategies to retail clients Offering to expand to institutional buy-side clients Progress Software Corporation (NASDAQ: PRGS), a global software company that simplifies and enables the development and deployment of business applications, announced today … Continue reading

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