Searching for Liquidity in Fragmented FX PoolsNovember 17, 2010As FX ECNs and bank desks compete for buy-side order flow in an increasingly fragmented foreign exchange marketplace, asset managers are using algorithms as well as voice brokers to fill orders.
Regulators, Be Careful What You Wish ForSeptember 20, 2009While some change may be necessary, regulators must remember that even the smallest shifts in policy can have wide-ranging and unpredictable effects on the markets.
Opportunities Beckon Amid Economic TurmoilApril 14, 2008A shaky economy and the defibrillation of many fixed-income products provide fertile ground for automated trading, fixed-income ECNs and exchanges -- as well as opportunities for those willing to take some calculated risk.
Instinet Releases Nighthawk to Hunt for Dark Liquidity, and moreJune 29, 2006Instinet Releases Nighthawk to Hunt for Dark Liquidity, PHLX Taps OES to Provide Outbound Routing for Electronic Equities Exchange, Electronic Trading Pressures U.S. Commission Rates to New Lows, Miletus Trading Develops Algorithm for Index Fund Managers
Reg NMS Turns 1April 03, 2006This month marks the one-year anniversary of the passage of Regulation NMS, which was approved by the Securities and Exchange Commission on April 6, 2005, paving the way for a more interactive, electronic marketplace.
Aggregation: Back to the FutureFebruary 14, 2006Aggregation was dead. Except for the recent acquisition of RealTick/Townsend Analytics by Lehman Brothers, the aggregation business has been in the doldrums for the past year and a half.
Reg NMS: Unintended ConsequencesJanuary 30, 2006Every new regulation has unintended consequences, but it's difficult to know what they will be until the regulation is implemented.
Reg NMS: Unintended ConsequencesJanuary 30, 2006Every new regulation has unintended consequences, but it's difficult to know what they will be until the regulation is implemented.
New ATSs Arise to Fill a VoidSeptember 23, 2005New alternative trading systems are emerging in response to the consolidation of U.S. equity markets and the adoption of Reg NMS.
Eze Castle Eases TradingJune 22, 2005Eze Castle Software has launched version 4.7 of its flagship Traders Console product with number of enhancements, including improvements to the Eze connect and algorithmic trading.
No Touching: Algo Trading Leaps Forward May 25, 2005The way that institutional buy-side traders are managing their order flow is rapidly changing. Gone are the days when buy-side traders just delegated their order flow to their favorite broker.
