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Ivy Schmerken
Ivy Schmerken
Trading Floors
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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.
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Custom Algos

CEO William Conlin (right) joined Abel Noser in 1986 when the firm opened its trading desk."We've been a well-kept secret in our ability to trade equities," he says, pointing to the firm's block trading skills. Two years ago, it added a global equities capability. Now the firm is using its TCA expertise to develop algos that Conlin says the big firms can't build because managers wouldn't provide them with all of their trading files. "We're building algos now that match the manager's timing," he explains.

Ivy is Editor-at-Large for Advanced Trading and Wall Street & Technology. Ivy is responsible for writing in-depth feature articles, daily blogs and news articles with a focus on automated trading in the capital markets. As an industry expert, Ivy has reported on a myriad ... View Full Bio

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Exclusive: Inside the GETCO Execution Services Trading Floor
Exclusive: Inside the GETCO Execution Services Trading Floor
Advanced Trading takes you on an exclusive tour of the New York trading floor of GETCO Execution Services, the solutions arm of GETCO.