Tag Archives: Bloomberg

US SEC Widens Probe of Exchange-traded Funds

As reported by Reuters, US securities regulators have widened their inquiry into the trillion-dollar market for exchange-traded funds, according to a person familiar with the matter. Prompted by a delay in a big trade at a popular ETF, the US … Continue reading

Posted in Articles, Breaking News, Food for Thought | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

High-speed Trading Standards Set for Launch

As reported by Richard Partington, Fix Protocol, which sets industry standards, is to unveil the first independent like-for-like comparison of trading speeds – also called latency – next month. Trading platforms are locked in an arms race to achieve ever-faster … Continue reading

Posted in Articles, Breaking News, Food for Thought, World Economy | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Italy to Limit High-frequency Orders

As reported by Jeremy Grant and Rachel Sanderson, Italy’s stock exchange plans to charge traders if they send too many orders  into its system, in an effort to curb what regulators see as excessive numbers  of orders, according to people … Continue reading

Posted in Articles, Breaking News, Food for Thought | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Bank of America Puts HFT Rebate Arbitrage back in Spotlight

As reported by Jim Kim, high-frequency traders–at least the ones who engage in liquidity rebate  arbitrage–have been more than thankful for the Bank of America stock swoon over  the last year. As it headed toward penny stock status, it quickly … Continue reading

Posted in Articles | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Summit Partners Buys FX Platform Stake

As reported by Tom Osborn of FINANCIAL NEWS, 360 Treasury Systems, Europe‘s largest independent currency and fixed-income trading platform, has announced a majority investment from U.S. private equity firm Summit Partners, becoming the latest independent FX platform to receive a strategic … Continue reading

Posted in Articles, Breaking News, Food for Thought | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Court Overturns Conviction of Ex-Goldman Programmer

A federal appeals court reversed the conviction late Thursday of Sergey Aleynikov, a former Goldman Sachs programmer found guilty of stealing proprietary code from the bank’s high-frequency trading platform. The United States Court of Appeals for the Second Circuit overturned … Continue reading

Posted in Articles, Breaking News, Food for Thought | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

High-Frequency Trading Approaches the Speed of Light

The finance industry is in a race against science being waged with transatlantic cables and ever-tinier chips. A new paper authored by a team of physicists, engineers and industry data experts explores what Physics of Finance blogger Mark Buchanan calls … Continue reading

Posted in Articles, Food for Thought, U.S. Economy | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Profiting from High-frequency Trading

As reported by  Eric St-Cyr, the founder and CEO of Clover Asset Management, on Feb. 13, the New York Stock Exchange experienced its lowest volume for non-holiday trade in over a decade. If we consider that High-Frequency Trading platforms (HFT) … Continue reading

Posted in Articles, Food for Thought | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Italy Mulls Fee to Rein in Ultra-fast Share Trade

As reported by Reuters, Italy will introduce a special fee to rein in high-frequency share trading as soon as next month, two sources close to the market regulator said on Thursday, making it the latest European country to seek to … Continue reading

Posted in Food for Thought, World Economy | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Has High-Frequency Trading Killed Long-Term Investing?

Perception of a company can make the difference between $75 and $300 per share as Netflix found out. The wild markets we see today are a product of a new stock market paradigm. Is long-term investing dead? Let’s first consider … Continue reading

Posted in Articles, Breaking News, Food for Thought, U.S. Economy, World Economy | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment