Algorithms & Altruism 101: Big Buy-Side Player Want Better,…

Take-away from (2) news articles today profiling proliferation of algorithmic trading strategies: The buyside "gets it", but they don't want it..  Excerpt from WSJ's Bradley Hope article "Buyside Traders Move Upstairs": Some of the world's biggest investors are changing the way they trade in U.S. markets in response to what…Read More

9 December, 2013

Euro-based Bond Platform Offers RFQ Trading for ETFs; US-based…

  Courtesy of ETF Strategy "..MTS, one of Europe’s largest electronic fixed income trading venues, is to launch request-for-quote (RFQ) trading for exchange-traded funds (ETFs) via its multi-dealer-to-client MTS BondVision platform. The new service will offer liquidity providers access to a diverse community of global institutional investors. The platform will…Read More

4 December, 2013

Wealth Fund Cautions Against Costs Exacted by High-Speed Trading

  Courtesy of NY Times Wall Street firms and exchanges have long said that the speed and competition in the markets has made trading cheaper for everyone. Mary Jo White, the chairwoman of the Securities and Exchange Commission, recently referred to the United States stock market as the “envy of…Read More

21 October, 2013

Securities Industry Recognizes Women of Excellence : Wall Street…

Courtesy of TradersMagazine Women Trailblazers, Entrepreneurs, Mentors, Rising Stars and Others Honored for Their Achievements October 17, 2013 – Trading is and always has been a man's world. But there are exceptions to every rule. Women in trading have made their imprint on an industry that has not always been…Read More

17 October, 2013

Algo Shop Takes On Big Brokers With Pragmatic Solution…

Courtesy of Mary Schroeder, TRADERSmagazine.com MarketsMuse Editor Note: Although the following story profiles the algo revolution taking place within the FX market, those buysiders (and sell-side firms) utilizing algorithms for listed stocks, ETFs and options should find it easy to read in-between the lines--key word "conflict of interest." [caption id="attachment_1568"…Read More

16 October, 2013

Bats Lands BlackRock To Start European ETF Exchange;New Regional…

Courtesy of WSJ reporters Tim Cave and Sarah Krouse                                                                 Bats Chi-X Europe, the region's largest equities trading platform,…Read More

8 October, 2013

News Tweets Culled from Twitter for Investor Sentiment-Does It…

Courtesy of MarketsMedia.com 4 Oct 2013Gauging investor sentiment from tweets and other social media is receiving support from the trading and academic communities. “Twitter is full of alpha-generating potential,” said Emmett Kilduff, CEO and founder of Eagle Alpha, whose product Social Sonar, channels Twitter-based intelligence on stocks and global macro…Read More

7 October, 2013

Technology, Transparency and Choice Drive Buy Side’s Investment in…

                       The U.S. market for exchange-traded options took off during the past decade. The buy side is increasingly looking at options as instruments to hedge risk exposure and generate alpha, according to TABB Group's recent report on the state of the…Read More

20 August, 2013

Buyside Manager Adopts OMEX Systems’ Execution Platform; $850mil AUM…

New York, NY, Aug 7-- OMEX Systems LLC, the provider of broker-neutral DMA and OEMS technology for firms active in the equities, options and futures markets, announced that a customized version of the vendor’s OEMS platform has been implemented by Durango, CO-based Swan Wealth Advisors, the $850mil AUM risk management…Read More

7 August, 2013

Managing Conflict Re: Broker-Provided Trading Systems

Courtesy of AdvancedTrading Contributor Phillipe Buhannic Editor Note: This article is endorsed by MarketsMuse sponsor OMEX Systems, Inc. Buy-side clients need to understand that when they trade on a broker-sponsored platform, they are paying for these systems, whether that payment comes in the form of commissions, licenses, or widened spread.…Read More

17 July, 2013

Trading Systems Vendor to ETF and Options Trading Firms…

New York, NY, July 10--OMEX Systems, LLC (“OMEX”), the provider of broker-neutral DMA and OEMS trading systems for broker-dealers and buy-side investment firms active in stocks, options and futures announced the addition of 2 more trading technology veterans to the firm’s New York office, bringing the 5-year old company’s total…Read More

10 July, 2013

Just Released: Elkins McSherry Top Executing Broker Report

Courtesy of Pensions & Investments and independent research firm Elkins/McSherry, here is their latest report listing the industry's top executing brokers...Most of the names are 'industry standards'; new entries to the list are worth noting. Click on the P&I logo to review            Read More

25 June, 2013

Follow-On: Major Exchange Slug Fest in Battle for ETFs

Courtesy of Tom Steinert-Threlkeld Nasdaq, NYSE and BATS are slugging it out with incentives, new order types and a new exchange to resuscitate trading in ETFs... Once it worked. Now, not so much. For years, the Nasdaq Stock Market designated a single market maker for each exchange-traded product. Later, the…Read More

1 May, 2013

PSX to Re-Launch as ETP Market in May

Courtesy of Tom Steiner-Threlkeld Nasdaq OMX Group said it expects the re-launch of its PSX exchange as an exchange-traded fund marketplace to take place in May. Final approval of the refashioning the “price size exchange” as a “price time” exchange focused on exchange-traded products must come from the Securities and Exchange Commission.…Read More

29 April, 2013

Trading Technology Vendor Touches ETF Space; Game-Change Create/Redeem Widget…

MarketsMuse team picked up on recent news release from broker-neutral OMEX Trading Systems that included a brief mention of a new feature [built by special request] that analyzes whether its cheaper to effect a "create" vs. executing in the ETF cash market, and implements the create through a basket-trade application.…Read More

3 April, 2013

Nasdaq OMX Plan: Convert PSX Exchange to ETF Exchange

Courtesy of Tom-Steinert-Threkeld Nasdaq OMX Group plans to re-launch its PSX exchange as a "better trading venue" for exchange-traded funds, notes and other related products, as early as next month. The exchange will execute trades in all National Market System securities, but will give special incentives to retail and institutional investors to…Read More

12 March, 2013

NYSE Adds #Social-Sentiment to Data Feed–Wacky or Wily?

Courtesy of Laton McCartney at Securities Technology Monitor Editor note: this story is from the Believe It or Nuts aka If you're a twit you should tweet Dept. NYSE Technologies said it will begin distributing sentiment statistics based on social media postings, through its SuperFeed market data service. The statistics,…Read More

14 February, 2013

CBOE Looks to Broaden Appeal of VIX Products

Courtesy of Peter Chapman, Traders Magazine CBOE Holdings, buoyed by the phenomenal success of options and futures contracts based on its Volatility Index, is ratcheting up its efforts to broaden their appeal. “The volatility business is only eight years old, but we see terrific growth,” Ed Tilly, CBOE’s president and…Read More

28 January, 2013