695 articles tagged with this keyword
News/Algorithmic trading
The all-electronic National Stock Exchange (NSX) in the US has named Saro Jahani as its new senior vice president of information technology.
06 November 2007
The seepage of liquidity away from traditional execution venues to internal dark trading pools is continuing unabated according to share trading data released by US electronic broker EdgeTrade.
02 November 2007
CLSA Asia-Pacific Markets, a Hong Kong-based subsidiary of Credit Agricole, is using technology from California's Tibco Software to re-vamp its dealing platform in order to support increasing use of algorithmic trading methods.
US trading systems vendor Nyfix is shutting down its Fusion order management business and moving all users of the technology to Citi's Lava ColorPalette platform.
30 October 2007
The New York Stock Exchange (Nyse) is set to drop a rule limiting program trading which was put in place after the 1987 crash on grounds that it is no longer effective in preventing market volatility.
29 October 2007
Dow Jones is adding a computer-readable corporate news service to its XML-based Elementized News Feed, which is designed for use with automated and algorithmic trading systems.
15 October 2007
Bank-backed settlement body Continuous Linked Settlement (CLS) has responded to industry concerns over the spiraling costs of settling FX trades, insisting that it intends to reduce transaction costs by roughly half as volumes rise.
05 October 2007
The extent of demand for anonymous, electronic trading in the FX market was debated during a lively panel discussion on e-FX at the Sibos event in Boston.
04 October 2007
US institutional brokerage Capital Institutional Services (Capis) is implementing technology from British vendor Fidessa to support its equity trading operations.
25 September 2007
JPMorgan subsidiary Neovest has launched AlgoGenetics, a so-called multi-broker 'algorithmic management system' that enables buy side traders to centralise and manage over 100 unique algorithms from brokers and technology vendors.
17 September 2007
Despite the growth of ECNs, dark pools and alternative trading systems (ATSs) traditional exchanges will retain a large slice of the US market share for equities trade volume, according to an impact report from Aite Group.
12 September 2007
US investment bank Goldman Sachs is acquiring a minority equity interest in Knight Capital's Direct Edge ECN. Financial terms of the transaction were not disclosed.
13 August 2007
Sweden's Orc Software has launched a hosted version of its Liquidator trading platform that enables users to deploy custom algorithmic derivatives trading strategies with ultra-low latency.
01 August 2007
Industry standards body FIX Protocol Limited (FPL) says the new FIX Algorithmic Trading Definition Language (FIXATDL) is now being beta-tested and will be released later this year.
27 July 2007
US investment bank Lehman Brothers is expanding access to its dark liquidity platform Liquidity Cross (LX) by enabling clients to route orders from third party vendor systems.
26 July 2007
Societe Generale has hired John Shaw from Jefferies as managing director of the firm's global program trading and electronic services group in New York.
20 July 2007
Citigroup has promoted Richard Evans to head up its electronic execution business globally out of London.
19 July 2007
Swiss German derivatives exchange Eurex is looking to lure proprietary trading firms in emerging markets with a two-year fee waiver programme for volume traders.
18 July 2007
New York-based Investment Technology Group (ITG) has launched Match Now, an alternative market that offers continuous matching for dealers trading Canadian equities.
17 July 2007
The Toronto Stock Exchange (TSX) has filed a lawsuit that accuses rival upstart exchange Pure Trading of copyright infringement and of illegally using its trading system specifications.
05 July 2007
Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.
Please read our Privacy Policy.