NYSE Euronext to Acquire Nyfix
Acquisition will give the exchange new high-speed trading technology to offer members, including trading workstations, trade messaging software and the recently upgraded Millenium dark pools.
HFT Does Not Create Volatility, Says Buy Sider
The high frequency trading debate is reaching new heights with Delaware Senator Ted Kaufman this week calling on the SEC to review "questionable" developments in the markets - including high frequency trading, dark pools and flash orders - but one industry expert goes to bat for high frequency trading.
Buy Side Trader Shares His Use of HFT
Eric Karpman, CEO of Trading Strategy Group and Luxoft Trading Solutions, discusses how he uses high frequency trading at his boutique asset management firm.
Cuomo Sues Schwab for Fraud
New York Attorney General Andrew Cuomo has brought a Martin Act fraud case against Charles Schwab for fraudulent sales of auction rate securities.
Will Carbon Trading Save the Planet?
While critics contend carbon emissions trading is not the environmental savior that some have made it out to be, defenders say it's a viable tool in the climate change fight.
IT Transformation Mantra: Carpe Diem
The tough economy of the past 18 months has given technology leaders in Wall Street firms the opportunity to implement IT governance and clean up operations.