Algorithmic trading

471 articles tagged with this keyword

/Algorithmic trading

FPL unveils algo trading definition language; forecasts wide uptake

FIX Protocol Limited (FPL) has launched an industry standards-based messaging language for algorithmic trading strategies.

/Algorithmic trading

Informatica acquires low latency messaging firm 29West

Data integration outfit Informatica has acquired low latency messaging firm 29West. Terms of the transaction were not disclosed.

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Chi-X Europe takes co-located direct feeds and reference data from Thomson Reuters

Chi-X Europe has rolled out Thomson Reuters' pan-European low latency direct feed, pricing and reference data service, offered through the firm's hosting centres in London.

/Algorithmic trading

Post-MiFID fragmentation inviting more market abuse - Avenues

The post-MiFID fragmentation of exchange trading and data has substantially increased the potential for market abuses, according to a new advisory group set up to look at the issue.

/Algorithmic trading

Goldman offers 1Click algo access

Goldman Sachs is to offer clients streamlined '1Click' access to its suite of algorithmic trading programs in a global effort to improve ease of use and create consistency across its e-trading portfolio.

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Misra to head new algo trading technology firm

Hirander Misra, former chief operating officer of Chi-X Europe has resurfaced as CEO and founding director of new firm Algo Technologies.

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UBS plans European dark pool

Swiss bank UBS is planning to launch a dark pool multilateral trading facility (MTF) for crossing orders in European stocks.

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Bloomberg adds trending metrics to machine-readable news service

In a bid to attract high-frequency traders, Bloomberg has expanded its machine-readable news output to offer trending analytics on the hottest content passing over its terminals.

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UBS algo trading code theft case dropped

UBS has lost its bid to get a permanent injunction against three former quant traders accused of stealing proprietary algorithmic trading software with the intent of using it at their new employer, Jefferies.

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Former Goldman programmer indicted over HFT code theft

Former Goldman Sachs computer programmer Sergey Aleynikov has been indicted on charges related to the theft of propriety code connected to the investment bank's high-frequency trading platform.

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High speed trader Getco takes up new position on Nyse trading floor

High speed trading firm Getco is set to go back to the future by taking up a position on the floor of the New York Stock Exchange as a designated market maker (DMM).

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Pragma launches dark crossing network

US trading systems supplier Pragma Securities is to launch a dark crossing network designed to capture liquidity before the open and close of US markets.

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Merrill Lynch launches Japanese DMA trading platform

Merrill Lynch Japan Securities (MLJS) has unveiled the country's first third-party co-located service for low-latency electronic trading and direct market access to multiple execution venues.

/Algorithmic trading

Thomson Reuters acquires Aegisoft

Thomson Reuters has boosted its direct market access capabilities through the acquisition of Aegisoft, a US-based provider of electronic trading and testing tools. Terms of the transaction were not disclosed.

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Thomson Reuters woos high-frequency traders with microsecond access to news

In a bid to woo high-frequency traders in London and Chicago, Thomson Reuters has launched a market data delivery service promising microsecond access to "market moving" machine readable news content.

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Europe to probe computer-driven stock trading - Bloomberg

The European Union is set to follow in the footsteps of US authorities by instituting a probe into the impact of computer-driven trading on stock market practices, according to a report by Bloomberg.

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Chi-X Canada bids for lower latency in Toronto data centre switch

Chi-X Canada has signed a deal to house its matching engine and colocation customers within Switch and Data's downtown Toronto facility.

/Algorithmic trading

Quant Capital moves to Aleri CEP platform

London-based investment firm Quant Capital has deployed Aleri's complex event processing (CEP) technology to support its algorithmic trading strategies and minimise execution latencies.

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Deutsche Bank appoints Credit Suisse exec Marques as e-trading head

Deutsche Bank has hired former Credit Suisse executive Jose Marques to head up its global electronic equity trading business in New York.

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SEC begins overhaul of US equity markets with ban on direct market access

The US Securities and Exchange Commission has proposed new rules prohibiting broker-dealers from providing customers with unfiltered or naked access to an exchange or ATS. The watchdog has also called for comment on issues relating to high-frequency trading, co-locating trading terminals and dark pool trading as it seeks to re-write the rule-book for a new era of computer-driven trading.