Inside Abel Noser's Trading Floor
Advanced Trading takes you on an exclusive tour of Abel Noser's New York trading floor, where the agency broker known for transaction cost analysis, is customizing algorithms for the buy side, while growing its fixed income trading and transitions business.
Direct Access Partners
Direct Access Partners operates an institutional agency brokerage business from its downtown Manhattan trading floor, focusing on multi-asset class executions in equities, fixed income, options and futures — both domestic and international.
First New York Securities
First New York Securities operates a proprietary trading business from its midtown Manhattan trading floor, which houses teams that execute across multiple asset classes, including U.S. Equities, international equities, commodities, foreign exchange, Treasuries, futures and options, and macro rates.
Instinet's new midtown Manhattan trading floor encompasses the global agency broker's execution services in single stocks, North America, international equities trading, global program sales and trading, derivatives sales and trading as well as special situations desk.
Nomura Securities International
Nomura Securities International embarked on a major expansion of its U.S. equities trading operations, by hiring top talent and constructing a New York trading floor located in Wall Street's World Financial Center.
UBS Trading Floor
With 1,400 seats, 2,000 computers and 5,000 monitors, the UBS trading floor is noted by the Guinness Book of World Records as the largest single trading floor in the world.
Knight Capital's Trading Floor
As speculation swirls that Knight Capital Group could go of out business after reportedly losing more than $400 million Aug. 1 when a software error misfired a program trade, causing mayhem in 148 listed stocks, regulators have the firm under a microscope. Advanced Trading takes you behind the scenes to view Knight's cavernous trading floor in Jersey City, N.J., where the firm's electronic trading operations and traders are based. Taken two years after it was built, the photos show how the floor is structured and include close-ups of the technology used on specific desks.
Capital Institutional Services (CAPIS)
Capital Institutional Services (CAPIS) is an independent agency firm that provides 24-hour global execution services, commission management solutions and independent research.
Russell Investments is a global provider of investment products and services, as well as a pioneer in multimanager investing and the creator of the Russell Indexes.
JonesTrading is an agency-only broker-dealer specializing in large block trades for its buy side customers. The firm's Westlake Village trading floor is home to 36 sales traders and 8 agency traders.
Weeden & Co.
The trading floor at Weeden & Co.'s Greenwich, Conn., headquarters is designed to foster teamwork, cooperation and communication among the full-service institutional broker's 75-plus traders, sales traders and assistants on the floor, and about 25 other traders in its regional branches in Boston, San Francisco and Chicago.
The Philadelphia Stock Exchange
The Philadelphia Stock Exchange, created in 1790, was the first U.S. stock exchange. And in 1975, the exchange became the first regional exchange to trade equity options.
Rosenblatt Securities is a New York-based agency brokerage that was founded by Richard (Dick) Rosenblatt in 1979 as an NYSE floor brokerage. As trading has become more electronic, Rosenblatt has evolved into a boutique that helps its buy-side clients achieve best execution while navigating the new market structure.
BGC Partners, a fixed-income, inter-dealer broker, spent the end of the year gearing up for two important technology upgrades.