Tag Archives: Chicago Mercantile Exchange

How high-frequency trading took the soul out of my career

In the view of Chicago Tribune Company: It was not subtle. It was not pretty. And yes, it felt mechanical. When the robots came a callin’, it felt like mathematics came and stomped the very soul out of the market. The … Continue reading

Posted in Finance, High Frequency Trading, high-frequency journalism, U.S. Economy, World Economy | Tagged , , , , | Leave a comment

High Frequency Trader “Spoofs” and “Layers” his Way to Penalties from U.S and British Regulators

On July 22, 2013, regulators from the United States Commodity Futures Trading Commission (CFTC) and the British Financial Conduct Authority (FCA) fined high frequency trader Michael Coscia (and his firm Panther Energy Trading) for engaging in spoofing transactions for the … Continue reading

Posted in Articles, Dark Pools, High Frequency Trading, Regulatory Updates | Tagged , , , , , , , , , , , , , , , , , , , , | 1 Comment

Nasdaq Eyes Opportunity as Fixed Income Slips Toward Electronic Trading

Julie Segal writes for Institutional Investor that Nasdaq, once known as the stock home for young technology companies, is making a bid to become a major player in the electronic trading of fixed-income securities. The move is a logical one … Continue reading

Posted in CME Group, Fixed Income, High Frequency Trading, NASDAQ | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

RBC seeks patent for THOR technology built to battle high frequency traders

Royal Bank of Canada is moving closer to receiving a U.S. patent for THOR, a  technology developed by the bank to battle high-frequency traders. RBC Capital Markets, the corporate and investment banking division of Royal  Bank, said Thursday it has … Continue reading

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Despite Risks, Brazil Courts the Millisecond Investor

Dan Horch reports in NY Times that, at a time when the mere phrase “high-frequency trading” makes some investors queasy, Brazil’s stock exchange is putting out the digital welcome mat. In recent years, the BM&F Bovespa stock exchange in São … Continue reading

Posted in Business, Equity Markets, High Frequency Trading, World Exchanges | Tagged , , , , , , , , , , , , , , , , , , , , , , , | 1 Comment

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

Posted in Articles, CME Group, Financial Instruments Directive, High Frequency Trading, high-frequency journalism, TABB Group poll, The Wall Street Journal | Tagged , , , , , , , , , , , , , , , , , , , | Leave a comment