695 articles tagged with this keyword
News/Algorithmic trading
US institutional trading network Liquidnet has signed a definitive agreement to acquire New York-based Miletus Trading, an agency-only brokerage firm that provides quantitative execution strategies and analytics to institutional investors. Financial terms of the deal were not disclosed.
22 January 2007
FIX Protocol Ltd says production-ready final release of version 5.0 of the Financial Information eXchange Protocol (FIX) specification is now available.
05 January 2007
RBC Capital Markets, the corporate and investment banking arm of RBC Financial Group, has completed the acqusition of Carlin Financial Group, a New-York-based broker dealer that provides proprietary services and technology to hedge funds, professional traders and financial institutions.
Pan-European exchange Euronext says its upgraded equities trading platform, NSC Equities, will go live in early 2007 and will offer users an average response time of under five milliseconds.
14 December 2006
Swiss-German derivatives exchange Eurex is to introduce price discounts and upgrade its technology infrastructure to cater for an increase in proprietary and algorithmic trading techniques.
13 December 2006
Banc of America Securities (BAS) has launched an algorithmic trading programme designed to execute client orders at an average closing price as near as possible to a pre-determined timeframe.
12 December 2006
BT Radianz is to make a multi-million dollar investment in expanding its New York Area data centre in response to rising demand for low latency direct market access to execution venues.
UK news and information group Reuters has launched two products that allow its streaming news and data output to be used for the purposes of automated and algorithmic trading.
11 December 2006
Finexpo, the leading London conference and technology exhibition for City investment professionals, is set to celebrate its fifth anniversary with a move to a new venue in an effort to cater for rising delegate numbers.
24 November 2006
US investment bank Goldman Sachs is set to launch an off-exchange automated trading platform in Europe that will provide clients with access to dark liquidity pools.
13 November 2006
More than half of all equities trading in the US will be done using algorithmic dealing systems by the end of 2010, according to Boston-based research consultancy Aite Group.
07 November 2006
Japan's largest securities firm Nomura is to acquire agency broker Instinent from Silver Lake Partners in a $1 billion all cash transaction.
02 November 2006
Electronic broker Instinet and Credit Suisse's Advanced Execution Services (AES) unit have agreed to provide their institutional clients with access to each other's "dark" liquidity pools.
26 October 2006
UK dealing systems vendor royalblue has launched Fidessa BlueBox, an algorithmic trading system that enables sell-side firms to build their own proprietary models.
13 October 2006
Electronic broker Instinet has launched Wizard, an 'arrival price' algorithm that sets its trading schedule by balancing a stock's historical performance as well as the volatility implied in its option price.
10 October 2006
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.