payment-for-order-flow-rebates

Yale University Wonks Blast Exchanges’ Payment-For-Order-Flow Schemes

In a July 18 NYT op-ed piece "Wall Street Profits by Putting Investors in the Slow Lane" submitted by Jonathan Macey, a professor at Yale Law School and David Swensen, the chief investment officer of Yale University, the spirit debate topic of payment-for-order-flow schemes, aka rebates paid by the various stock exchanges to…Read More

18 July, 2017
trump-cuba-vicana-sugar-stock

What’s Next? Trump WH Aims to Make Cuba Pay…

Trump’s treasury team says Cuba's Vicana Sugar Company assets, including 60,000 acres of land and 48 miles of railroad belong to US investors. Ole to Compania Azucarera Vicana! Courtesy of a Trump White House that has more leaks than a rusty old pipe, sources “not authorized to speak on the…Read More

25 May, 2017
sester-estonia-mnuchin-govt-bonds-1927

Trump, Russia & Estonia Share Common Bond: 1927 Estonian…

MarketsMuse Exclusive: The Trump-Russia-Estonia Government Bond connection, first disclosed three weeks ago by a MarketsMuse investigative report that linked US Treasury Secretary Mnuchin to a cache of rare, $1000 USD denominated 1927 Estonian Govt bond certificates, has a new layer of intrigue. According to Trump White House sources, last week…Read More

22 April, 2017
suni-harford-citigroup-women-wall-street

Giving Credit When Due- IWD & Women on Wall…

Credit Markets Are More Than Just Selling Credit; Includes Giving Credit When Due: to The Women on Wall Street! MarketsMuse Fixed Income Curator Sara Abel spotlighted a superb salute to one of the top Women on Wall Street in connection with a bond issuance brought yesterday by Citigroup which was…Read More

14 March, 2017
republic-estonia-1927-bond-certificate-mnuchin

Trump SecTreas Mnuchin Wants to Cash In Cache of…

So-called President Trump's Secretary of Treasury Steve Mnuchin is hoping to cash in on a cache of US $1000 dollar-denominated 1927 Republic of Estonia Bonds, according to credible sources who were privy to wire-tapped discussions between Mike Flynn, the one-time National Security Advisor to Donald Trump and Sergey Kislyak, the…Read More

11 March, 2017
fintech-top-40-2017-II-Magazine

Institutional Investor 2017 Top 40 Trading Tech Top Guns

And The Winner Is….Institutional Investor Presents 2017 Top 40 Trading Tech Top Guns Who says trading technology wonks are under-appreciated within the context of recognition by industry followers? Certainly not MarketsMuse fintech curators, and definitely not Institutional Investor Magazine, which brings us their annual ranking of the top trading technologists…Read More

9 March, 2017
interactive-brokers-options-market-making-retreat

Interactive Brokers to Retreat From Options Market-Making

(FinanceMagnate)--Electronic trading firm Interactive Brokers Group, Inc. (NASDAQ:IBKR) aka “IB”has announced its plans to put an end to its options market making activities globally. The operations, which are conducted through the Timber Hill companies, are expected to be phased out over the coming months. The broker will continue carrying out…Read More

9 March, 2017
marijuana-etf-emerging-agrosphere

Marijuana ETF Issuer Tokes On Listing-Trump SEC Head Could…

Let's guess that more than 65% of ETF traders and investors have been clamoring for a marijuana ETF, but just when it seemed to be on the verge of happening, a bunch of folks sponsoring such an exchange-traded fund got hit with what could be a 'bad high.' The ink…Read More

24 February, 2017
paul-azous-borders.org

Finance Industry Vet Behind Non-Profit Borders.Org

Business Plans Without Borders aka Borders.org is a novel non-profit intended to provide wind in the sail for startups launched by immigrants, refugees and under-served inner-city entrepreneurs.  Created by long-time finance industry veteran Paul Azous, the altruistic initiative defies current political in-sensibilities and embraces the simple notion that small businesses…Read More

24 February, 2017
neil-desena-fintech-senahill-marketsmuse

A Fond Fairwell to Fintech Pioneer Neil DeSena

Those of us who have worked in and/or around the world of electronic trading for more than 15 minutes readily know about REDI, the ubiquitous direct access execution platform for stocks and options that was introduced by Spear Leeds & Kellogg in 1987 to its professional clearing customers, a universe…Read More

20 February, 2017
phoenix-otc-pink-sheet-rehabilitation

OTC Pink Sheet Rehabilitation-Listing Repair Services: Big Demand

OTC Pink Sheet Companies Need Rehab....With the stock markets percolating, book-runners across ECM syndicate desks are hopeful the backlog of pending IPOs will finally open. With that, a broad universe of Issuers are finding their way to OTC Markets and NASDAQ's OTC Pink Tier. All good news, other than for…Read More

16 February, 2017
chaos-trump-fiduciary-duty-rule

Trump Team Bungles Fiduciary Duty Rule Edict

Chaos is the active word to best describe the impact of President Trump's team of executive order writers, evidenced not only by the contentious 'ban on immigrant visas', but also when considering the walk back within hours of the President thinking he had signed an executive order to white wash…Read More

6 February, 2017
fintech-top-financiers-marketsmuse-image-by-yann-legendre

2016 Top Fintech Financiers According to Institutional Investor

Identifying the top fintech financiers is no easy task these days. It seems like only yesterday when MarketsMuse curators were among the first to advance the phrase "fintech" in the course of profiling startups seeking to disrupt the financial services sect, many of which have been led by sell-side veterans who…Read More

16 November, 2016
buyside-holdings-etf-product-marketsmuse

Buy-Side Beefs Up Use of ETF Products; They Finally…

ETF product use among the Buy-Side is no longer viewed as "just a portfolio re-balance or transition management tool,"  according to a survey of the investment industry's largest portfolio managers. More PMs than ever are finally 'getting the joke' with regard to the value proposition of Exchange-Traded Funds (ETFs), according…Read More

4 November, 2016
mischler-veteran-owned-broker-dealer-veterans-day

Veteran-Owned Broker-Dealer Pays Tribute to Veterans Day

Veteran-Owned Minority Broker-Dealer Mischler Financial Group Makes 2016 Veterans Day Month Pledge Courtesy of MarketsMedia - Stamford, CT & Newport Beach, CA –Veterans Day is observed by Americans each year on November 11; the day that is dedicated to honoring and extending our gratitude to the millions of men and…Read More

3 November, 2016
buyside-traders-market-making-marketsmuse

What’s Next? Buy-Side Traders Plot To Embrace Market-Making

For exchange-based specialists, prop floor traders and upstairs sell-side market-makers, the notion of buy-side traders putting on the hat of risk-taking market-making is a head scratcher. Sure, there's a cadre of hedge fund wonks who have interned on a sell-side trading desk, then moved up to Greenwich to grab a…Read More

28 October, 2016
ust-hft-axe-rutter-marketsmuse

Bond Boy Rutter Adds Tackling UST HFT to List…

Nobody can accuse veteran government bond market broker and fintech poster boy David Rutter of being single-minded. The former Prebon Yamane exec, who later migrated to inter-dealer broker ICAP where he became of head of electronic trading, then did a stint as CEO of fixed income and FX platform BrokerTec,…Read More

17 October, 2016
circus at hofstra

Circus Comes To Town-Global Macro Guru Heads to Hofstra

MarketsMuse inhouse political pundits are headed to Hempstead, NY, home of Hofstra University where the Circus Comes to Town disguised as the first tranche of 2016 US Presidential debates. While our inhouse politicos battle the LIE rush hour traffic in effort to get a ring-side seat for the Ringling Bros…Read More

26 September, 2016