GoodFellas II: The Feds Are Watching Traders At Home
The FBI told a hedge fund trader they "had recorded his conversations for a very long time, that they knew 'everything' about him and his family and friends," sparking a debate about the rights and wrongs of wiretapping.
Q&A with BATS Founder, Tradebot Chairman Dave Cummings
Six years ago, as many Wall Street players fretted about fewer trading options and reduced competition after Nasdaq and the New York Stock Exchange each swallowed Island Instinet and Archipelago, BATS Global Markets founder Dave Cummings saw an opportunity.
Inside the Prop Trading Exodus
Despite being given plenty of wiggle room by regulators to comply with
the Dodd-Frank Act's ban on proprietary trading, Wall Street's biggest
banks are wasting no time dismantling their prop desks.
Q&A With Rep. Barney Frank
Congressional Republicans are playing a dangerous political game with their bid to delay new derivatives rules until 2012, according to Rep. Barney Frank.
CZ Capital Switches to Paladyne
European hedge fund implements Paladyne's FastStart as fully-hosted front-to-back-office solution, replacing Linedata Beauchamp.
Why NYSE Shareholders Will Probably Spurn Nasdaq
Much to the chagrin of those who are loathe to see the New York Stock Exchange fall into foreign ownership, NYSE Euronext shareholders are more likely to accept Deutsche Borse's offer rather than Nasdaq OMX and InterContinental Exchange's rival bid.
Buy, Sell or Hold With Twitter?
As a U.K. hedge fund taps the social network to predict market moves, industry participants argue that Twitter may be ineffective - or even dangerous - as a sole forecaster.
Nasdaq OMX-ICE Deal Has Merits
The Nasdaq combination wtih NYSE would create the largest U.S. equity trading venue, reduce technology costs for traders and diversify ICE's derivatives business.
Restarting the Engines of Growth
The process of becoming a public company is broken. The SEC needs to reform the rules to revive the stalled IPO market and spur growth.
Nasdaq OMX Names New CFO
Nasdaq OMX Group, which is embroiled in a bid to buy NYSE Euronext, announced the hiring of Lee Shavel as its chief financial officer and executive vice president of corporate strategy.
Balancing Latency vs. Cost
The days of Wall Street firms and clients building data centers in the "race to zero latency" are nearly ending, contends David Kelly, Thomson Reuters Enterprise CTO.
Should Insider Trading Become Legal?
From the trial of Raj Rajaratnam, to the largest insider trading scandal in New Jersey history, the government has been cracking down hard on criminal activity on Wall Street.