Jeff Wecker, president and CEO of Lime Brokerage, attributes the growth to high-frequency traders leaving their existing positions with sell-side proprietary trading desks and multi-strategy trading firms and seeking green opportunities.
"Clearly, there has been a migration taking place in high-frequency trading," he says. "We have seen a growing number of sole proprietorships and we have seen people leaving existing high-frequency trading firms and going out on their own as well."
These new fir
IBM makes headway with blockchain and encryption services; the FCA's Stephen Hanks says firms need to make decisions about their ARMs and APA providers soon.Subscribe to Weekly Wrap emails