Algorithmic trading

700 articles tagged with this keyword

/Algorithmic trading

First Derivatives boosts Kx Systems stake; posts H1 profit rise

Capital markets tech house First Derivatives has acquired a further 15% interest in Californian analytical database vendor Kx Systems for $7.5 million in a mixture of cash and shares.

/Algorithmic trading

Morgan Stanley to measure latency performance with Corvil

Morgan Stanley is to use latency monitoring technology from Corvil to analyse and optimise data transmission speeds from its market data plants in New York and London and to and from execution venues.

/Algorithmic trading

SEC to extend dark pool probe

The Securities and Exchange Commission is to extend its regulatory probing of dark pools to include issues surrounding high frequency trading, direct market access and co-location.

/Algorithmic trading

SEC approves new rules to deal with erroneous trades

The Securities and Exchange Commission has approved new rules designed to limit the potential for systemic damage from fat-fingered or computer-generated erroneous trades.

/Algorithmic trading

Instinet to launch patent-pending 'aggregated' dark pool

Instinet is set to launch a new US dark pool that combines multiple smaller buy and sell orders up to a specific volume threshold in an effort to attract more anonymous block trade order flow.

/Algorithmic trading

SEC proposes flash ban; takes aim at credit rating agencies

The Securities and Exchange Commission (SEC) has proposed a ban on flash orders and agreed to tighten the supervision of credit ratings agencies.

/Algorithmic trading

BarCap takes minority stake in TradeWeb; unveils FX trading tools

Barclays Capital has taken a minority equity stake in TradeWeb, a provider of online markets owned by Thomson Reuters and a group of dealer-brokers. The size of the stake, nor the amount paid, was disclosed.

/Algorithmic trading

Quote MTF launches into crowded market

Hungary-based Quote MTF has become the latest trading platform to enter the crowded post-MiFID European securities market.

/Algorithmic trading

Algo traders and dark pools under fire as US senator calls for market review

The Securities and Exchange Commission (SEC) has been urged to conduct a comprehensive review of market structure by US Senator Ted Kaufman, who warns that practices such as algorithmic trading and the use of dark pools may erode investor confidence.

/Algorithmic trading

Researchers claim network delay tracking breakthrough

In a breakthrough that could prove significant for investment banks running electronic trading systems, computer scientists say they have developed an inexpensive way to track microsecond delays in data centre networks.

/Algorithmic trading

SmartPool to add mid-cap securities

SmartPool, the European exchange-led dark pool for block trading set up by Nyse Euronext, BNP Paribas, HSBC and JPMorgan, is moving into pan-European mid-cap securities.

/Algorithmic trading

Chi-Tech launches 'exchange-neutral' European trading network

Chi-Tech, the technology services unit of Chi-X Global, is to launch a new "ultra low-latency network" to provide multi-venue access to European trading destinations.

/Algorithmic trading

LSE close to binning TradElect; reviews alternative platforms - DJ

The London Stock Exchange is close to replacing the £40 million TradElect platform, says CEO Xavier Rolet in an interview with Dow Jones Newswires.

/Algorithmic trading

SGX and Chi-X plan dark pool

The Singapore Exchange (SGX) and Chi-X have signed a heads of terms agreement to develop and launch Asia Pacific's first bourse-backed dark pool.

/Algorithmic trading

Direct Edge CEO hits back over flash orders

The boss of Direct Edge, the alternative trading system that pioneered the introduction of flash order types three years ago, has launched a robust defence of the controversial practice as regulators hint at a looming crackdown.

/Algorithmic trading

US senator calls for 'flash' orders ban

US Senator Charles Schumer has called on the Securities and Exchanges Commission (SEC) to ban "flash" trades, where users are given an advanced peek at unfilled orders ahead of the wider market.

/Algorithmic trading

Algo revival powers surge in electronic trading volumes

A surge in algorithmic trading helped drive a significant increase in the share of US equity trading volumes executed via electronic platforms last year, according to the results of Greenwich Associates' 2009 US Equity Investors Study.

/Algorithmic trading

UBS files code theft lawsuit

In an incident with striking parallels to the recent Goldman Sachs code theft case, it now emerges that UBS in March filed a lawsuit against three former quant traders alleging that they stole proprietary algorithmic trading software with the intent of using it at their new employer, Jefferies.

/Algorithmic trading

SmartPool signs up members

SmartPool, the European exchange-led dark pool for block trading set up by Nyse Euronext, BNP Paribas, HSBC and JPMorgan says 14 investment firms have now signed up to the platform.

/Algorithmic trading

Citadel sues ex-staff for contract breach; raises code-theft spectre

Citadel Investment Group is suing three former employees who set up Teza Technologies, the firm that became embroiled in the Goldman Sachs code theft case this week, for violating a non-compete agreement.