Tag Archives: Shanghai Stock Exchange

China’s Everbright Securities Says Trading System had Problem, Shares Suspended

Major brokerage Everbright Securities Co Ltd said in a filing to the Shanghai Stock Exchange that its trading system encountered problems Friday morning, following a dramatic 5 percent spike in domestic stock indexes that many suspected was the byproduct of … 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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SEC Approves ‘Limit Up-Limit Down’ Plan To Curb Volatility In Stock Market, As High-Frequency Trading Grows

Reuters – By John McCrank – June 1, 2012 June 1 (Reuters) – U.S. securities regulators have approved a one-year pilot program for a plan designed to protect equity markets from volatile price swings in the wake of the “flash … Continue reading

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Citadel Says Other Firm’s Profit Shows Strategy Theft

The Wall Street Journal – By Juliet Chung  June 4, 2012 Citadel LLC, the money manager run by Ken Griffin, has held up a division’s shrinking profit as evidence that a fellow Chicago-based investment firm stole some of its proprietary … Continue reading

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EBS Meets New Rival: Its Best Customers

The Wall Street Journal – By Eva Szalay – June 4, 2012 LONDON—Six years ago, ICAP PLC Chief Executive Michael Spencer convinced banks to sell him their EBS currency-trading platform. These days, he is trying to convince the same banks … Continue reading

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Citadel Accuses Jump Employees of Stealing Secrets

Reuters – By Dan Wilchins and Herbert Lash – June 4, 2012 (Reuters) – Citadel, one of the world’s biggest hedge fund managers, has accused employees of a rival Chicago high-frequency trading firm of stealing its trading programs. It said … Continue reading

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Networks Built On Milliseconds

The Wall Street Journal – By Anton Troianovski               May 30, 2012 CARTERET, N.J.—A cellphone tower here, standing next to an abandoned bus that still says it’s bound for Richmond, has become one of the hottest properties in global finance. Trading … Continue reading

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High-Frequency Foreign Exchange Trading On the Rise In Asia Pacific

May 16, 2012 in Global Custodian (Global Custodian) – Algorithmic and high-frequency foreign exchange trading is on the rise in Australia and across Asian markets, according to First Derivatives, a provider of software and consulting services to the capital markets … Continue reading

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High-Frequency Trading is Hitting the BRICs

January 31, 2012 – By Justin Grant (Advanced Trading) – As regulators in the United States and Europe weigh the merits of new regulations to govern high-frequency trading, emerging markets have been methodically paving the way for the practice to … Continue reading

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China Won’t Be Shanghaied by HFT

March 21, 2012 – By Jill Wong (The Trade News) -The Shanghai Stock Exchange’s clampdown on high frequency trading is intended to deter speculation, and not to keep out professional trading firms with a genuine interest in capturing the Chinese … Continue reading

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