Tag Archives: volatility

CBOE Seems Confident in Extending VIX Trading Hours

From Chicago Tribune: Expanded trading hours for CBOE Volatility Index futures are on track to begin later this year, according to CBOE Holdings Inc. incoming chief executive. “We are committed to completing that very important project later this year,” Ed … Continue reading

Posted in Business, Equity Markets, High Frequency Trading, Regulatory Updates | Tagged , , , , , , , , , , , , , , | 1 Comment

Democrats Tom Harkin and Peter DeFazio Pushing Taxes on Stock Transactions: Cure-All for High Frequency Trading?

According to FOX Business, fueled by momentum in Europe, some U.S. lawmakers are looking to introduce a tax on stock transactions in an effort to discourage computerized trading that tends to increase volatility in the markets. It’s a move Democrats … Continue reading

Posted in Financial Instruments Directive, High Frequency Trading, London Stock Exchange, Practitioners, Regulatory Updates, SEC | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | 1 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

B of E Studies HFT: Begins and Ends with Ambivalence

A recent working paper from the Bank of England reports on efforts to understand the rise of high-frequency trading and its impact on equity markets. I think it fair to say that the study fails to get any firm grasp of its … Continue reading

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SEC has power to ban high-frequency trading, congressman says

Not everyone agrees that using high-speed machines to trade stocks in less time than it takes the average person to blink is a bad thing, but the people who do might be heartened by the letter a congressman sent the … Continue reading

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Another study weighs in on high-frequency trading

According Fierce Finance IT’s Jim Kim,  There has been no shortage of academic and government research work when it comes to high-frequency trading. A recent study by a top government economist found that the benefits of such trading are dubious and perhaps … Continue reading

Posted in Business, Finance, High Frequency Trading, NYSE, U.S. Economy, Wall Street | Tagged , , , , , , , , , , , , , , | 1 Comment

High-frequency Trading Rules Will Hurt German Liquidity, Exchanges Say

According to Bloomberg’s Jonathan Morgan, restrictions on the minimum time orders must be held in German equity markets would do little to increase safety, the nation’s exchanges said as lawmakers debated proposed legislation. “The political, easily understandable argument that the … Continue reading

Posted in Flash Crash, High Frequency Trading, Regulatory Updates, Wall Street, World Exchanges | Tagged , , , , , , , , , , , , , , , , , , , , , , , , | 1 Comment

Edgar Perez, The Speed Traders, on The Perennial Profit Challenge: 2013 Roadmap for World Exchanges

Financial exchanges play a vital role in economic development as one of the primary tools for the allocation of capital in both developed economies and emerging ones. The indices created using the platforms provided by global exchanges are used by … Continue reading

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New Research Shows High Frequency Trading Cuts Volatility

As reported by CNBC’s Antonya Allen, contrary to popular belief, high frequency trading reduces volatility in stock markets rather than exacerbates it, according to new research by Professor Alex Frino at the University of Sydney Business School and CEO of … Continue reading

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Weapons of Mass Destruction Have Been Found (On Wall Street!)

In a piece for TheStreet.com, Doug Kass writes about the newest (financial) weapons of mass destruction: high-frequency traders. Kass says: Over the course of financial history, the U.S. stock market has served as a conduit and repository for investors and … Continue reading

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