Electronic trading and brokerage giant Instinet has hired Bank of America Merrill Lynch's Tony Necakov as chief technology officer.
More than two thirds of US financial industry participants think that the equity markets are not fair and half consider high-frequency trading harmful, according to a survey from ConvergEx Group.
The National Stock Exchange (NSX) has moved to play down its relationship with Atlas ATS, insisting that it has not agreed to regulate the bitcoin trading platform.
IntercontinentalExchange has acquired Algo Technologies and will use the vendor's matching engine to boost the performance of the New York Stock Exchange, according to Bloomberg.
Sifma is calling for the US capital markets industry to move to a T+2 settlement lifecylce, as other markets worldwide bid to bridge the gap between trade execution and delivery of financial contracts.
Members of the European Parliament have voted through new rules designed to clamp down on high-frequency trading 'Flash Boys'.
Citi has become the first broker to use the Bloomberg App Portal to deploy an application to clients around the world.
CME Group is being sued by three users, accused of selling sneak peeks at order information to high-frequency traders.
Wading into the raging debate about the impact of high-frequency trading on stock market investing, Charles Schwab has decried the practice as a "growing cancer" that needs to be excised.
The Federal Bureau of Investigation is investigating whether high-speed traders are breaking the law by acting on non-public information ahead of the wider markets.
In a sure sign of the growing business interest in crypto-currencies on Wall Street, the Security Traders Association of New York (Stany) has decided to accept payment in bitcoin for tickets to its Annual Conference and Dinner.
Thomson Reuters is proposing changes to spot matching rules on its FX trading platform in an effort to ward off 'phantom pricing' tactics deployed by high-speed trading firms.
US exchange operator Nasdaq is rethinking its FinqCloud venture with e-commerce giant Amazon after the business failed to gain sufficient traction with potential customers, according to the Financial Times.
New York attorney general Eric Schneiderman has called for tough regulations to tackle practices such as co-location, which he claims give high-frequency traders unfair advantages and distort the market.
Institutional trading network Liquidnet is moving into the fixed income market through the acquisition of bond trading platform Vega-Chi. Financial terms of the deal were not disclosed.
Technology innovation in equity markets has changed direction as the race-to-zero latency and the pursuit of high-frequency trading cools, says capital markets consultancy GreySpark partners
London Stock Exchange-owned fixed income marketplace MTS has agreed to buy Bonds.com, a US-based platform for the electronic trading of corporate and emerging market bonds.
Bloomberg has added social sentiment analytics to its Professional desktop tool to provide traders with an early heads-up on market-moving Twitter trending topics.
Eighteen of Wall Street's top banks have agreed to suspend their participation in surveys of analyst sentiment amid concerns that the practice gives high-speed traders an unfair advantage over ordinary investors.
Business Wire, the corporate news release distribution company owned by Warren Buffett's Berkshire Hathaway, is to stop selling its potentially market-moving content directly to high-frequency trading firms.
Electronic trading systems only managed to slightly increase their share of global fixed-income trading volume in 2013, accounting for a quarter of total volume executed, according to a report from Greenwich Associates.
© Finextra Research 2014