1. FIA EPTA believes in a comprehensive regulatory framework and as such
supports Article
2(1)(d), which would require authorisation of all market participants with
memberships to
regulated markets and multilateral trading facilities.
2....
BY Peter Gomber
High-frequency trading (HFT) has recently drawn massive public attention
fuelled by the
U.S. May 6, 2010 flash crash and the tremendous increases in trading
volumes of HFT
strategies. Indisputably, HFT...
By MICHAEL J. MCGOWAN
Over the last decade, there has been a dramatic shift in how
securities are traded in the capital markets. Utilizing
supercomputers and complex algorithms that pick up on breaking
news,...
By Ben Levisohn
My colleague Kirsten Grind had a story in Thrusday's paper about how a
small group of "market wonks" is planning a new trading venue designed solely...
BY MATT JARZEMSKY
Nasdaq OMX Group Inc. and Direct Edge Holdings LLC will introduce financial
penalties in coming weeks on traders who send to the exchanges heavy loads
of quotes that...
BY Bob Pisani
More fallout from the Facebook
debacle: Nasdaq
and Direct Edge are introducing fees on
high-frequency
traderswho send large numbers of cancelled
trades to their exchanges....
By Nancy Miller
Even after some disappointing
news came to light in the company's latest public filing earlier this
week, investors are jostling to get shares in Facebook's epic debut...
U.S. lawmakers plan to hold a hearing next month on how the
transformation of domestic capital markets by technology is affecting
average investors, with the fumbled flotation of...
Ron Manaster, Chairman of Eagle Market Makers wrote the following letter.
It was delivered by electronic mail to the chairman, Chief Executive
Officer, Chief Operating Officer and all Members of...
We received many calls on Friday looking for our take on how NASDAQ handled
the Facebook IPO. We answered those calls fairly un-sensationally, and even
congratulated NASDAQ for not BATS-ing....
By John Gapper
How London bankers learned to gamble.
Not so many decades ago, the City-London's financial district-was deadly
dull compared with Wall Street, with its Milkens and black swans. It's been...
By Bill Davidow
In 1984, Yale sociologist Charles Perrow published his classic book, Normal
Accidents: Living with High-Risk Technologies. The odd term, "normal
accident," Perrow wrote, is meant to signal that,...
By DAN STRUMPF and JERRY A. DICOLO
A technical glitch shut down CME Group Inc.'s electronic oil-trading
platform for more than an hour Monday, throwing the market into disarray
and sending...
BY Elizabeth Parisian
We're nearly four years into the Great Recession and the suffering it's
caused. And by now we are all familiar with its hardest-hit victims -- the
hundreds of...
HIGH-FREQUENCY TRADING AT THE SPEED OF LIGHT
High-Frequency Trading at the Speed of Light
High-frequency traders are playing the system profiting from the 11 millisecond time difference between Chicago and New York, with CNBC's Eamon Javers. Jon Najarian, TradeMonster.com co-founder, weighs in.