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Commentary
Content posted in July 2012
Momentum Trading Partners Closes Shop, Shops Around
Commentary  |  7/31/2012  | 
The hedge fund brokerage that kept a lid on information leakage stopped trading yesterday and is putting itself on the market. Why? Tough market realities that are claiming other struggling brokerages.
Futures Industry Debates Solution to Protect Customer Segregated Accounts
Commentary  |  7/30/2012  | 
A CFTC panel agreed on the urgency of developing a technological solution for verification of funds in customer segregated accounts, but one industry veteran, warned not to wait until everything is perfect.
Mobile First: Financial Firms Must Focus on Creating a Seamless Customer Experience
Commentary  |  7/30/2012  | 
When it comes to mobility, the biggest challenge for financial firms is in synchronizing their mobile, online and offline experiences to meet the expecations of both their customers and internal users.
The Mobile Frontier: Next-Gen Apps on the Street
Commentary  |  7/30/2012  | 
The rise of mobile apps is transforming Wall Street, enhancing the customer experience, improving portfolio and risk management, advancing the search for alpha, and even strengthening compliance.
Mobile, HTML5 and Multichanneling in Wealth Management
Commentary  |  7/27/2012  | 
Emerging technologies such as HTML5 can help wealth management firms empower their advisers to meet the 'anytime, anywhere' expectations of their clients across multiple mobile platforms and devices.
Sandy Weill: Break Up the Banks
Commentary  |  7/25/2012  | 
The man who created the modern bank supermarket and shattered Glass-Steagall thinks the banks are too big and should be broken up.
The SEC Ups its Game with High Frequency Trading Tools
Commentary  |  7/23/2012  | 
The top regulator contracted with Tradeworx, a Redbank, NJ-based high frequency trading firm and tech vendor, to supply it with a market data and research platform for policing the equities and options markets in real time.
Stuck in the Mud: Can the Economic Engine Pull Itself Out of Financial Crisis?
Commentary  |  7/23/2012  | 
Hidden dangers in dark pools and the buy side's intensifying pursuit of low latency, and the Pipeline saga seem to indicate that there are more storm clouds ahead for the financial industry.
New Tech For The Buy Side? Not So Fast
Commentary  |  7/20/2012  | 
When it comes to adopting new IT, the buy side may be holding back and waiting for others to take the first bite.
Options Trading Isn't Dead: Future Growth Will Occur When Investors Refocus on Equity Markets
Commentary  |  7/19/2012  | 
Options volumes may be down along with the equity markets, but the buy side's increasingly sophisticated use of options strategies and growing investments in supporting technology point to big things for the market.
Former Goldman Quant Breaks Down Why She Joined Occupy
Commentary  |  7/19/2012  | 
Alexis Goldstein, who worked as a quant strategist at Goldman Sachs, Deutsche Bank and Merrill Lynch, breaks down why she ditched the finance world for the Occupy Wall Street movement.
As World Frets About Europe, GSAM’s Patel Says Its Stocks Are Undervalued
Commentary  |  7/17/2012  | 
The conventional wisdom at least seems to be that investors should stay far from the European marketplace, but Sheila Patel of Goldman Sachs Asset Management tells Bloomberg their equities appear undervalued.
Are Top Hedge Funds Getting A Signal on Earnings Revisions?
Commentary  |  7/16/2012  | 
Some big investors are sending surveys to Wall Street analysts, and feeding their responses into their algos, to get an edge on earnings revisions. Is this insider trading or quantitative investing?
Bad Betting Admissions Wrap Up Rough Week for Investing World
Commentary  |  7/13/2012  | 
JPMorgan Chase had to admit that their Bad Bet was now a $5 billion debacle, ending a week of negative news for the investing world.
OTC Derivatives Reform Will Squeeze Data Management Systems
Commentary  |  7/13/2012  | 
The systems that are in place clearly were not designed to deal with the voluminous volumes of data that are coming after Dodd-Frank, so regulator-ready data management is now critical.
How Much Will Advertising Actually Help Hedge Funds?
Commentary  |  7/13/2012  | 
A report by the Hedge Fund Marketing Association casts doubt on what's supposed to be one of the JOBS Act's biggest benefits.
Dimon Denial: Not Too Big To Fail
Commentary  |  7/13/2012  | 
Despite the terrible losses, the PR nightmare and the firings of senior managers, JPMorgan CEO Janie Dimon still thinks his bank is just the right size.
The CFTC Sniffs Out Another Bad Broker
Commentary  |  7/12/2012  | 
The Global Fight Over High-Frequency Trading Hits FX
Commentary  |  7/11/2012  | 
Currency trading platform EBS said it's looking to put the breaks on techniques like flash orders, moves the Financial Times says are aimed at placating ICAP's investment banking clients who are leery of high-frequency traders.
Star Turn: Data Management Vendors Take Center Stage as Financial Transparency and Risk Management Are In Vogue
Commentary  |  7/9/2012  | 
It was data management providers' turn to shine at the SIFMA technology show in New York this year, while the prospects for low-latency vendors dimmed.
Managing the Bottom Line Means Managing Data
Commentary  |  7/9/2012  | 
Real-time reporting and risk management requirements are driving reference data improvements, says Paul Rowady, Tabb Group.
The IT Stress Test for Financial Services Firms
Commentary  |  7/9/2012  | 
As financial services organizations approach the 2013 budget planning season, the process of constructing an IT stress test will help them to collect needed data and create hypotheses about the dynamics of IT and the business.
Recession 101: Bad News on Repeat
Commentary  |  7/6/2012  | 
As the recovery we thought we might have disappears like a mirage, the news has a familiar ring to it.
iPad 4: Financial Execs Get Ready For Apple’s Latest Gadget
Commentary  |  7/6/2012  | 
Apple has hardly changed its tablet since it took Wall Street by storm in 2010. But now it looks like it will be mixing things up a little.
Are the Capital Markets Serving Up Pink Slime?
Commentary  |  7/6/2012  | 
Tabb Group analyst Adam Sussman says with prime cuts of U.S. equity being served to dark pools and internalization engines, investors are left with the pink slime.
A Time-Out for HFT
Commentary  |  7/6/2012  | 
If high frequency traders can submit quotes and pull them out in an instant, why not set a time limit before they can resubmit a new quote?
What Happened to Jon Corzine?
Commentary  |  7/5/2012  | 
With clouds of the MF Global collapse hovering over him, Jon Corzine, the former senator and governor of New Jersey, is lying low in the Hamptons, reports the New York Post.
President Obama Raising More than Expected From Wall Street
Commentary  |  7/5/2012  | 
Although the president is far from popular throughout the securities and investment industry, he's raising more money than most expected for his reelection effort.
Facebook IPO Leads SEC to Scrutinize Nasdaq's Systems
Commentary  |  7/2/2012  | 
The watchdog is investigating Nasdaq's computer systems and processes related to the flawed Facebook IPO on May 18, and could demand upgrades from the exchange operator.


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