Dark Pool Tales Part 3: Fidelity Leads Buy Side-Only…

In what has become an ongoing “trilogy-type” story straight out of Hollywood, the WSJ reports today that Fidelity Investments is set to launch yet the latest “dark pool” initiative via a consortium of and exclusively for buy-side investment managers. The announcement comes on the heels of a recently-profiled NYSE initiative…Read More

20 January, 2015

Dark Trading Pools: Deconstructing Market Structure?

MarketMuse update courtesy of Anna Bernasek 9 January article in The New York Times. JUDGING solely by the name, stock trading in so-called dark pools may conjure up images of mysterious deals cut beyond public view. Also called simply “dark trading,” it happens when computers serve as matchmakers and bid-and-ask…Read More

12 January, 2015

Bloomberg Couples With State Street: ETF Fixed Income Basket…

MarketsMuse update courtesy of  press release issued by Bloomberg LP NEW YORK--(Business Wire)--Bloomberg today introduced the Bloomberg Fixed Income ETF Basket Tool in order to further automate the workflow and construction of fixed income exchange traded funds (ETFs). The new offering provides the first comprehensive solution for clients of State…Read More

19 December, 2014

The Man Who Is Transforming Equities Market Structure: Dark…

For those who might have missed it, Jeffrey Sprecher (pictured above), the CEO of Intercontinental Exchange, which owns the NYSE, is determined to put the genie back in the bottle by turning back the market structure changes that have taken place over the past 10 years, including the surge of…Read More

19 December, 2014

Chinese-Flavored ETFs: Shanghai-Hong Kong Stock Connect

MarketsMuse extends our thanks re: below extract, courtesy of AsianInvestor.net China Asset Management and China Southern Asset Management are racing to list the first exchange-traded fund via the Shanghai-Hong Kong Stock Connect, after getting regulatory approval last week. But this comes amid muted initial volumes for the trading link, leading…Read More

11 December, 2014

Talking Trading Technology: This BrokerDealer Has Buyside Clients’ Back

Below extract courtesy of 08 Dec edition of MarketsMedia.com; reporting by Steve Marlin Agency Broker WallachBeth Raises Tech Bar WallachBeth Capital, a provider of institutional execution for buy-side investment managers, recently appointed quantitative trading veteran Matthew Rowley to the newly created role of chief technology officer, signaling the firm’s commitment…Read More

11 December, 2014

Options Mart Innovation: Now a 20-Minute Contract

What will they think of next? Is trading options with a weekly expiration too long? According to latest news, the newest binary option contract from Nadex, the 20 minute option, might suit some traders' needs. The North American Derivatives Exchange (Nadex), a regulated online binary options exchange in the U.S.…Read More

14 November, 2014

Europe’s First Bitcoin ETF Comes Courtesy of UK-Based Exchange…

    MarketsMuse salutes the news reporting below courtesy of industry news publication CoinDesk and reporter Daniel Palmer Coinfloor has revealed plans to launch a bitcoin exchange traded fund (ETF) and accept additional fiat currencies as part of its efforts to expand internationally. Starting immediately, the UK-based bitcoin exchange is allowing customers to make deposits…Read More

22 October, 2014

The Inextricable Liquidity Link Between HY ETFs and The…

MarketsMuse Editor Note: Our editorial team leader has spent more than 15 minutes across the capital markets throughout almost 30 years and in the course of hearing and reading about all of the most recent initiatives to electronify the corporate bond markets so as to 'get in front' of the…Read More

13 October, 2014

Former Sell-Side Trader Blows Whistle on NYSE Order Routing…

As recently reported by Automatedtrader.com, with below excerpt from Sept 21 New York Post, this is not the first we've heard about Wall Street whistle-blower Haim Bodek; its an update to claims of conflict he brought to the SEC and other regulators last year in connection with NYSE's electronic order…Read More

21 September, 2014

ETF Execution and Algo’s: Bloomberg Says

As electronic trading markets become more fragmented, the majority of large orders are executed via broker-provided execution algorithms. Typically, implementation shortfall trading algorithms are used to slice the parent order into many small ones and spread them out over the time horizon to minimize the slippage between average fill price…Read More

10 September, 2014

Hedge Fund Manager Blames HFT for Firm Closing

A hedge-fund manager says an unusual culprit contributed to his firm's demise: high-frequency traders. Rinehart Capital Partners LLC, which had been backed by hedge-fund veteran Lee Ainslie and specialized in emerging-markets stock-picking, is closing, according to a letter viewed by The Wall Street Journal. In the letter, Rinehart founder Andrew…Read More

6 September, 2014

Broker Dealer News: African Bank Down Fall

marketmuse.com blog post courtesy of extract from moneyweb.com and Robert Brand and Mike Cohen of Bloomberg   South African companies’ borrowing costs risk increasing after African Bank Investments Ltd.’s failure exposed flaws in the continent’s biggest corporate bond market that prevented investors from selling the lender’s debt. (more…)Read More

28 August, 2014

Technology Company Seeks to Shake Up the Way Corporate…

Below extract courtesy of Wall Street Journal, as reported by Katy Burne  Institutional equities-trading platform Liquidnet is preparing to launch a credit-trading network in the fall, following regulatory approval last week of its acquisition of high-yield bond platform Vega-Chi. The initiative is the latest example of a technology company seeking to shake up the way…Read More

11 August, 2014

Broker-Neutral Trading Technology Firm Offers New Suite of Sweet…

Below extract courtesy of Wall Street Letter, as reported by WSL staff columnist Sean Creamer OMEX Systems, a provider of web-based, broker-neutral and FIX-compliant front, middle, and back office platforms for broker-dealers and buyside firms, will craft a direct market access offering to aid broker-dealers in choosing algo providers, according…Read More

6 August, 2014

Agency BrokerDealer Enhances Offering for ETF Multi-Basket Trading

Below courtesy of Aug 6 edition of Wall Street Letter, article written by staff reporter Sean Creamer  WallachBeth to enhance multi-basket trading   WallachBeth Capital, a New York City-based agency brokerage, will enhance its existing portfolio and multi-basket trading in exchange-traded funds and other equities to make greater use of…Read More

6 August, 2014

Chit Chat: BD’s Put Cross-Hairs on Bloomberg IM; Perhaps…

Below courtesy of BrokerDealer.com blog post As an instant update to the July 31 BrokerDealer.com profiling Blabber, the instant chat and messaging application created by Goldman Sachs as a possible industry replacement for the ubiquitous Bloomberg LP IM/chat service, we thank Silicon Valley Business Journal contributor Jason McCormick for his…Read More

4 August, 2014

Bitcoin: Now Coming To a Trading Screen Near You?

  MarketsMuse Editor Note: On the heels of the recent announcement that the proposed Bitcoin ETF aka "Winklevoss Bitcoin Trust" with slated ticker symbol COIN is about to be bankable by ETF traders and investors, below extract courtesy of Traders Magazine Online News, July 15, 2014, written by Gregg Wirth Bitcoin,…Read More

15 July, 2014