NYSE Reveals Stance On Automated Trading

THIS WEEK'S LEAD STORIES

Tensions between the New York Stock Exchange and advocates of increased marketplace automation have surfaced again, this time in the context of the Office of Technology Assessment's study of domestic financial markets.

The OTA study is intended to help Congress determine if and how it should enact legislation that would revise the regulation of domestic securities markets. The study comes in the wake of a steep decline in the U.S. share of global stock market trading and capitalization.

The June

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Systematic tools gain favor in fixed income

Automation is enabling systematic strategies in fixed income that were previously reserved for equities trading. The tech gap between the two may be closing, but differences remain.

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