Algorithmic trading

695 articles tagged with this keyword

/Algorithmic trading

Judges explain decision to free Goldman programmer

A US Appeals Court says that it overturned the conviction of former Goldman Sachs programmer Sergey Aleynikov for stealing the bank's propriety HFT code because such code is "intangible property" and so not covered by the laws he was charged under.

/Algorithmic trading

FX algo trading to take off - Greenwich Associates

With foreign exchange evolving into a mainly electronic marketplace, the industry is poised to see massive growth in the use of algorithmic trading strategies, according to research house Greenwich Associates.

/Algorithmic trading

HKEx embarks on US$380m tech overhaul

Hong Kong Exchanges and Clearing (HKEx) is betting US$380 million on a three year technology programme designed to boost the island's standing on the world's financial stage.

/Algorithmic trading

European parliamentarian demands tougher crackdown on HFT

A European Parliament report is calling for the Commission to toughen up its crackdown on high-frequency trading under MiFID II.

/Algorithmic trading

Getco fined $450k over lax HFT supervision

The broker-dealer unit of Getco has been fined $450,000 for failing to properly supervise its high-frequency trading.

/Algorithmic trading

Shanghai Stock Exchange takes on HFT speculators

The Shanghai Stock Exchange (SSE) has become the latest bourse to signal a crackdown on the huge number of messages high-frequency traders generate.

/Algorithmic trading

Direct Edge and Nasdaq bid to curb HFT messaging with fines

US exchange operators Nasdaq OMX and Direct Edge have outlined incentive plans designed to encourage high-frequency traders to cut back on the huge number of messages they generate.

/Algorithmic trading

Thomson Reuters launches social media sentiment analysis service

Thomson Reuters is adding information and sentiment analysis from social media sites and blogs to its machine-readable news service.

/Algorithmic trading

Exchange competition and HFT get hostile reception in UK market review

A government-sponsored independent review into the performance of UK equity markets has encountered deep scepticism among asset managers of the wisdom of opening national stock markets to competition and scathing criticism of the role played by high frequency traders in distorting market values.

/Algorithmic trading

European authorities get two months to affirm HFT governance plans

The European Securities and Markets Authority (Esma) has given national securities watchdogs two months to declare their plans for enforcing new rules on scrutinising high frequency trading activities.

/Algorithmic trading

HFT no threat to financial stability - Swedish watchdog

High frequency trading does not pose a significant threat to financial stability in Sweden but does raise the spectre of market abuse, according to the country's regulator.

/Algorithmic trading

Goldman programmer's conviction for stealing HFT code overturned

Former Goldman Sachs programmer Sergey Aleynikov has had his conviction for stealing the bank's propriety high-frequency trading code overturned by a federal appeals court.

/Algorithmic trading

Nyse Euronext to buy Fixnetix stake

Nyse Euronext has agreed to acquire a 25% stake in UK trading technology outfit Fixnetix. Financial terms of the deal were not disclosed.

/Algorithmic trading

CFTC creates HFT subcommittee

The Commodity Futures Trading Commission (CFTC) has voted to set up a subcommittee on high frequency trading in a bid to better understand its effects on the market.

/Algorithmic trading

CME fines HFT firm $850k for algo and computer malfunctions

CME Group has fined high-frequency trading firm Infinium Capital Management a total of $850,000 for three separate computer malfunctions.

/Algorithmic trading

Dark pool operator Pipeline pays $1m to settle SEC case

Pipeline Trading Systems will pay $1 million to settle SEC charges that it failed to tell users of its dark pool that the vast majority of orders were filed by an affiliated operation.

/Algorithmic trading

MiFID reforms published; compliance bill to hit EUR732m in year one and EUR586m per annum thereafter

Financial markets in Europe are set to undergo a fundamental overhaul, as the European Commission rolls out new rules and regulations covering every aspect of the trade lifecycle, from pre-and post-trade transparency, through to execution and clearing and settlement.

/Algorithmic trading

Securities watchdogs to step up HFT surveillance

Global securities regulators have called for stronger oversight of high frequency and algorithmic trading activity to 'mitigate the risks' posed by high-speed trading on market integrity and efficiency.

/Algorithmic trading

EU financial markets get ready for MiFID II

The European Commission is this week meeting to finalise the details of a new set of rules governing competition and transparency in the capital markets, with implications for high frequency traders, execution venues, clearing firms, and the over-the-counter markets.

/Algorithmic trading

Ex-Citadel staffer charged over code theft

A former Citadel quantitative financial engineer has been arrested and charged in relation to the theft of trading-related computer code.