Content by IvySchmerken
IvySchmerken
Member Since: May 8, 2014
Author
Blog Posts: 2627
Posts: 638

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All (100)           Blogs (38)           Comments (62)          
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The End of an Era: Farewell to an Icon
Commentary  |  1/27/2015  | 
After more than two decades of writing for Wall Street & Technology, I am leaving the media brand. It's time to reflect on our mutual history and the road ahead.
Morgan Stanley Data Theft Exposes Insider Threat & Need for More Restrictions
News  |  1/14/2015  | 
In the wake of Morgan Stanley firing a financial adviser for stealing information on 350,000 wealth management clients, experts say financial firms need to "cloak and contain" access to valuable data.
Clearpool Releases Iris Technology to Meet Needs of Evolving Equities Market
News  |  1/7/2015  | 
Clearpool Execution Services will use Iris technology to improve the way institutional orders are handled and prioritized in different execution venues.
The Clock For Market Structure Change Is Ticking
News  |  1/7/2015  | 
Capital Markets Outlook 2015: The SEC is conducting a broad review of US equity market structure, but the most important proposals are the tick-size pilot, maker-taker rebates, dark pools, and order routing transparency.
Swap Markets Debate Anonymous Trading in SEFs
News  |  1/5/2015  | 
Capital Markets Outlook: With more than a year of SEF trading up and running, swap participants are looking at standardized Market Agreed Upon or "MAC" swap products, to fuel anonymous order book trading next year.
IEX Bolsters Information Security With Top Hire From BlackRock
News  |  1/5/2015  | 
Benjamin Smith joined IEX as the private trading venue's head of information security last week. In a Q&A, Smith discusses his new role, Regulation SCI, and what exchanges and ATSs can do to combat hackers in 2015.
E-Trading Disruptors Seek Untapped Liquidity in Corporate Bonds
News  |  1/5/2015  | 
Capital Markets Outlook 2015: Drawing on consumer tech examples like Spotify and Amazon, a new wave of fixed-income trading platforms is determined to help the buy side find liquidity in corporate bonds.
Comment: Re: Suicide Cult - IvySchmerken - 12/30/2014
Comment: Re: Suicide Cult - IvySchmerken - 12/23/2014
Financial Services Institutions Gear Up for Social Intelligence
News  |  12/12/2014  | 
Social media has mainly been a marketing effort in financial services, and many firms are not tracking ROI. Yet, some are deriving value from analysis of social data, whether it's sentiment analysis for trading or credit risk in lending.
Trad-X SEF Reaches $1T Volume Milestone
News  |  12/9/2014  | 
Tradition's SEF Trad-X has seen a sharp increase in trading activity since September for USD interest-rate swaps on its central limit order book, citing its hybrid voice and electronic platform as a differentiator.
Debating Apple's Dive: Flash Crash or Institutional Rebalancing?
News  |  12/8/2014  | 
Some market professionals thought Apple's 3% price decline last Monday was a flash crash or an algo run wild. Quants at Rosenblatt Securities analyzed the tick data and came up with a different interpretation.
ICE Licenses Swap Futures Methodology From Eris Exchange
News  |  12/5/2014  | 
Intercontinental Exchange plans to begin trading swap futures in 2015 in credit and interest rates based on intellectual property licensed from Eris Exchange. ICE will offer a rival product to cleared OTC swaps.
IPC Systems Looks to Expand Compliance-Related Apps Under New Owner
News  |  12/3/2014  | 
Centerbridge Partners LP will look to expand IPC's Unigy software-based trading platform and its mission-critical data and network services.
Jefferies Selects Markit for TCA as a Neutral 3rd Party
News  |  12/2/2014  | 
As Jefferies beefs up its algorithmic trading business, the broker chose Markit to provide trading metrics and reports to the buy side.
A Conversation About Bitcoin Exchanges
News  |  12/1/2014  | 
Platform providers are drawing upon experience with high-frequency trading and fintech to create infrastructure for virtual currency exchanges.
Comment: Re: ant-HFT - IvySchmerken - 11/30/2014
FIX for Post-Trade Gains Traction: How Far Will It Go?
News  |  11/25/2014  | 
A group of heavyweight asset managers has collaborated on a solution for non-US trade confirmations and affirmations that is fueling interest in FIX for post-trade use as an alternative to Omgeo's Central Trade Manager.
Comment: Re: accountability - IvySchmerken - 11/25/2014
FIX Trading Community Revamps Efforts to Address High-Performance Trading
News  |  11/24/2014  | 
The nonprofit industry standards body said it has combined all initiatives related to the support of FIX for high-performance trading and market data under a single working group.
Wall Street Horizon Appoints Industry Veteran Bruce Fador as President
News  |  11/21/2014  | 
Demand for stock calendar event data services is increasing among quants. Wall Street Horizon appointed Bruce Fador as president to push growth into other sectors.
Evercore ISI Selects REDI's Multi-Broker Network
News  |  11/19/2014  | 
REDI's independent trade management platform will provide access to Evercore ISI's electronic execution platform for US equities.
Comment: Re: HFT - IvySchmerken - 11/19/2014
Exchanges Gain as Equity Volumes Hit 3-Year High
News  |  11/18/2014  | 
With the return of volatility last month, exchange volumes surged 29%, off-exchange share slipped, and one dark pool closed up shop, according to analyst market structure reports.
WallachBeth Hires CTO to Boost Broker's Quantatitve Skill Set
News  |  11/13/2014  | 
To navigate increasingly complex markets, WallachBeth Capital hired quant trading veteran Matthew Rowley as CTO, who previously worked at Credit Agricole Cheuvreux and financial software provider Fidessa.
Finra to Focus on Fixed Income ATSs & Algo Providers
News  |  11/12/2014  | 
Finra CEO Richard Ketchum outlines plans for requiring brokers that use fixed-income "RFQ systems" to provide more pre-trade price transparency to customers. In equities, Finra wants to register firms involved in designing algorithms.
SEC Chairman Discusses Rule Changes on HFT
News  |  11/11/2014  | 
SEC Chair Mary Jo White discussed HFT and the agency's plans for equity market structure in 2015 in a video interview with Bloomberg Market Makers at the SIFMA annual meeting.
Nasdaq OMX Won Over SIP Committee With Latency Reductions & Tech Upgrades
News  |  11/7/2014  | 
Nasdaq OMX's plan to move the SIP to the INET technology platform, coupled with ongoing reductions in latency and plans for hot/hot disaster recovery, influenced the committee's final decision.
Nasdaq OMX Expands Market Access in Chicago for Futures & Options Trading Community
News  |  11/5/2014  | 
Nasdaq will open a point of presence (PoP) in Chicago, enabling traders in the midwest to connect with the eSpeed bond trading platform as well as Nasdaq cash equity and equity derivatives markets.
BATS Appoints Markets Expert Chris Concannon President
News  |  11/4/2014  | 
BATS hires Concannon, a former Nasdaq executive, as it continues to integrate Direct Edge and looks to build upon recent successes in equities and options.
BGC Partners Hires Javelin Founder James Cawley to Strengthen Its Offering
News  |  11/3/2014  | 
The move is the latest step taken by BGC Partners to grow its derivatives trading business while competition is heating up among D2D and D2C platforms.
Happiness Resumes on Wall Street: Three-Quarters Expect Bonus in Survey
News  |  11/3/2014  | 
With volumes picking up and the IPO market strong, US financial services professionals are very confident about receiving a bonus this year, and 60 percent are expecting an increase.
Comment: Re: social media - IvySchmerken - 10/30/2014
Fidelity Survey: Mobile Financial Apps Bring Higher ROI
News  |  10/29/2014  | 
A Fidelity survey found that investors relying upon mobile finance apps are more engaged with their finances, with over 40% earning a 20%-plus return over the past 12 months.
ITG Adopts Machine Learning Techniques to Boost Fills in Dark Pools
News  |  10/27/2014  | 
To find natural liquidity from investors, ITG launched an optimizer that learns from its trades to allocate different order type combinations across 25 dark venues.
Comment: Re: good signs - IvySchmerken - 10/27/2014
Comment: Re: a big move - IvySchmerken - 10/27/2014
Comment: Re: opaque - IvySchmerken - 10/23/2014
Comment: Re: opaque - IvySchmerken - 10/23/2014
Cyber Risk Is a Top Concern, 84% Tell DTCC
News  |  10/23/2014  | 
DTCC released its recent "Systemic Risk Barometer" survey showing that cyber risk is among the global financial industry's top five concerns, along with the impact of new regulations.
Comment: Re: hot - IvySchmerken - 10/23/2014
Droit Taps Industry Veterans as Advisors to Its Derivatives Compliance Platform
News  |  10/22/2014  | 
Droit Financial Technologies appointed former ISDA CEO Robert Pickel, fintech specialist Mark Beeston, and former UBS executive Seth Cohen to join a new advisory board that will broaden the conversation about derivatives compliance.
Wall Street Seeks Edge From Operational Alpha
News  |  10/21/2014  | 
Alpha was a front-office term, but now banks and brokers are looking to the middle and back office for profitability.
Comment: Re: Tablets - IvySchmerken - 10/21/2014
Comment: The Big data race - IvySchmerken - 10/21/2014
Comment: Re: Tablets - IvySchmerken - 10/20/2014
Comment: Re: Tablets - IvySchmerken - 10/17/2014
Speeding Up the SIP Isn't Enough, Say Market Pros at Baruch Conference
News  |  10/17/2014  | 
Wall Street professionals discussed a plan to create multiple competing aggregators for the Nasdaq SIP as a way to strengthen the market infrastructure.
SIFMA Criticizes SIP Selection Process for Lack of Transparency
News  |  10/17/2014  | 
Citing conflicts of interest in the voting process for a key market data feed, SIFMA letter presses for answers and for brokers and asset managers to get a seat at the table.
After Scandals & Ethical Lapses, Financial Industry Needs a Code of Conduct
News  |  10/15/2014  | 
A financial markets trade body is bringing a model code of conduct to participants who work in interest rates, FX, commodities, and derivatives. After a series of fines, can this help banks repair their reputations?
Hedge Funds Gain Access to Data on Prime Services, Swaps & Funding Costs
News  |  10/13/2014  | 
S3 will distribute counterparty analytics through Portware to help hedge funds and asset managers understand the costs of prime services, swaps, and custody services.
Comment: Lehman's Influence - IvySchmerken - 10/10/2014
Quantcha's Search Engine Helps Retail Investors Find & Analyze Options Strategies
News  |  10/10/2014  | 
The startup has launched an options search engine that filters and analyzes thousands of strategies based on an investor's stock price forecast, trade budget, and risk/reward parameters.
Comment: Re: Much admired - IvySchmerken - 10/9/2014
Comment: Re: Hot space - IvySchmerken - 10/8/2014
Buy Side Vets Research Providers with Standardized Questions
News  |  10/8/2014  | 
Buy-side concerns over insider trading led Castine Consulting and Integrity Research to launch a cloud-based platform that standardizes due diligence questionnaires posed to research providers.


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