700 articles tagged with this keyword
News/Algorithmic trading
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.
10 February 2010
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.
09 February 2010
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.
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.
25 January 2010
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.
20 January 2010
Chi-X Canada has signed a deal to house its matching engine and colocation customers within Switch and Data's downtown Toronto facility.
19 January 2010
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.
15 January 2010
Deutsche Bank has hired former Credit Suisse executive Jose Marques to head up its global electronic equity trading business in New York.
14 January 2010
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.
The New York Stock Exchange has fined Credit Suisse Securities $150,000 for failing to control development of an algorithm that went awry and flooded the Exchange trading system with hundreds of thousands of erroneous orders.
13 January 2010
JP Morgan has appointed Barclays Capital's Frank Troise as global head of equities electronic client solutions.
Interactive Data is to acquire low latency trading specialist 7Ticks and create a new real-time market data and electronic trading group to capitalise on emerging opportunities in wealth management and auto-trading.
14 December 2009
Massachusetts-based enterprise technology provider Progress Software is set to cut its global workforce by between 12% and 14% in a bid to cut costs.
03 December 2009
Reflecting the growing influence of computer-driven trading strategies, Thomson Reuters has expanded its machine-readable news offering to include real-time analysis of company events.
01 December 2009
Multilateral trading facility Chi-X Europe could appoint Alasdair Haynes, the former boss of Investment Technology Group's international business, as CEO by the end of the week, according to Bloomberg.
23 November 2009
Deutsche Börse has acquired US financial news outfit Need to Know News, in an effort to raise the profile of its market data and analytical offerings with algorithmic traders.
20 November 2009
The US futures markets is set to be the next battleground for high frequency traders, as rapid uptake of algorithmic strategies leads to a surge in the proportion of volume traded on an automated basis, according to Tabb Group.
17 November 2009
The London Stock Exchange is to start letting traders place hidden orders in a bid to ward off competition from dark pools. Separately, press reports claim the bourse is delaying the launch of its own dark pool, Baikal, while it continues deal talks with rival platform Turquoise.
09 November 2009
After taking on dark pools and flash orders, the Securities and Exchange Commission has now turned its attention to high frequency trading and the practice of sponsored access to exchanges.
27 October 2009
Nomura has launched a low latency trading service that taps networking technology from Colt to offer clients co-located software hosting connectivity to major exchanges and MTFs in Europe.
22 October 2009
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