Content posted in March 2012
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Former Goldman Sachs Exec Will Write Tell-All Book
Bashing a bank can be big business, of course.
5 Things To Know About Big Data
Google searches for 'big data' have gone up 1200% in the last 12 months, according to sources. Here's big data 101.
Magic Johnson Beats Out SAC Capital’s Steven Cohen
The basketball legend led a group to the winning bid for the Los Angeles Dodgers.
BlackBerry: From Wall Street Staple To A Relic Of The Past?
Some analysts believe RIM's next earnings report, due Thursday, could spell the end of an era.
Big Data: A Little Less Conversation, A Little More Action
While Big Data is a hot topic on Wall Street, most financial firms don't have the right systems in place to manage it and make it actionable, argues Microgen's SVP North America Tom Crawford.
Hedge Fund Trading Desks Are Just Window Dressing
Thanks to algorithms, quants and high-frequency trading there's no need to have a fleet of trading desks. Having traders stare at screens all day is just for pumping up the ego of the hedge fund owner, says George Michaels of G2 Systems.
Are the Buy-Side Trader's Days Numbered?
As the rise of black-box trading has transformed the industry, buy-side traders have had a tough time reinventing themselves. But even in the Age of Algos, there is still plenty of value for the buy-side trader to add.
Algo Trading, HFT Wreaking Havoc on Commodities
Recent research showing a big jump in correlation between commodity and equity markets and among commodities themselves, over short periods from a second to an hour, has unleashed fresh bad tempered debate about whether "speculators" - especially high-frequency traders - are distorting commodity prices.
BATS' Software Glitch: Bad Things Happen
After Friday's technical fiasco, BATS Global Markets was forced to withdraw the company's own I.P.O. and aplogize to its customers. But the computerized stock market shouldn't be crucified.
BATS Flash Crash: Here's What Happened
Say what you will about BATS' humiliating IPO, stock plunge and trading stop last Friday - the exchange operator is owning up to it and answering questions.
BATS CEO: It Is With Great Humility
BATs CEO Joe Ratterman says it was a software glitch and in a letter to clients and investors he is now explaining to clients and the investor community what exactly happened.
Social Media Is Wall Street's Number One Enemy
For the world-at-large, the whole point of Twitter is spontaneity. Not for Wall Street.
In the Search for Alpha, It's a Quant's World
The complexities of the buy-side trading decision require an entirely new set of quantitative and analytical skills, says Tabb Group's Laurie Berke.
Academic's Twitter Model Predicts Stock Returns
A professor at the Unversity of California has developed a model based on discovering patterns in Twitter, suggesting that mining social media feeds can pay off.
New ‘Corzine Rule’ For Hedge Funds Sets Tongues Wagging
Despite widespread support for the rule, questions are being raised.
Securing the Cloud From the Outside-In
Conducting extensive due diligence of a cloud provider’s technology, processes and track-record can help alleviate security concerns for companies looking to move into cloud computing.
The Attraction of OTC Clearing
Despite all the noise and hoopla, market participants seem to be huddled together at the top of the diving board waiting for someone else to take the plunge first.
Report Claims Cloud Will Add 1.4 Million New Jobs To Banking Industry
Still, Microsoft’s report, like other IT vendors’ reports, should be taken with a grain of salt.
Bloomberg Visits Tarnished Goldman Sachs
You know it's been a bad week when the mayor of New York City and the man whose name appears on their market data terminals has to stop by the office to cheer everyone up.
Funniest Web Reactions To Goldman Sachs Exec’s Very Public Resignation
Greg Smith's criticism that the investment bank puts money and profits before clients’ interests has spawned web reactions ranging from eye rolls to virtual pats on the back.
Who’s Really Cashing In On the Whistleblower Program
Unsurprisingly, the whistleblower program instituted by Dodd-Frank is paying off. But it isn't just the whistleblowers who are set to cash in.
The New Trader: Adapt or Die
As algos and high-speed networks do the heavy lifting during the trading day, what does the Buy Side Trader do all day? While interviewing sources for the April 2012 cover story Meet the New Trader -- to be posted shortly -- Megan Costello, director of North America Client Services of Fidessa, shared her thoughts.
Who's Hiring in Financial Tech?
Two different companies hiring service and support staff are involved in social media compliance and derivatives trading solutions.
Market Fraudsters vs. the Genuine(rs): Who's Winning?
Managing systemic risk — and preventing market abuse — is one of today’s greatest challenges, and regulators have been intensifying their efforts to clean up the markets. But are the good guys winning the war against fraudsters?
The 4 Forces That Will Shape IT Economics in 2012
Four major forces are blowing apart traditional models of managing a firm’s technology and related economics, says Rubin Worldwide's Howard Rubin.
US Exchanges to High-Frequency Traders: Slow Down!
Not only are the SEC and a few pols pointing their radar guns at HFT firms, exchanges have them in their sights and the fast times might be over.
Not Everyone Expects Swaps Trading to Get More Complicated or Expensive
The idea that swaps trading will become more expensive and complicated for dealers and the buy side under the Dodd-Frank regulations is not a universal one throughout the industry.
The Need for Automated Clearing In an Increasingly Complex Derivatives Market
Automating derivatives processing will create efficiencies across the industry, lowering costs, reducing risk and establishing a framework for growth. But it will require cooperation.
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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.
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