Algorithmic trading
ITG Releases Closing Auction Liquidity Algo
Execution and research broker ITG has announced the release of its Dynamic Close algorithm, which pursues market liquidity in NYSE and Nasdaq closing auctions.
Twitter Manipulation Begs Questions of Utility, Ethics
As news emerged yesterday of a second case in as many days of deliberate manipulation of Twitter affecting stock prices, Steve Dew-Jones caught up with MarketPsych's sentiment analysis stalwart Richard Peterson to gauge his response.
China Merchants Securities Rolls Out Algo Offering
Shenzhen-based China Merchants Securities has announced that it will be offering algorithmic strategies to its retail investor clients, with plans to extend it to buy-side institutional clients later.
Banchile Selects Fidessa for Sell-Side Trading
Chilean broker Banchile has chosen Fidessa's Latin American sell-side platform to support its trading activities, the UK-headquartered vendor has announced.
Saxo Bank Launches FX Prime Brokerage Service
Copenhagen-based Saxo Bank has announced the launch of Saxo Prime, its foreign exchange (FX) prime brokerage service for institutional clients.
Tora Upgrades Algo Development Suite
Asia-focused trading technology vendor Tora has announced that its Algorithmic Trading Development Toolkit (ATDT) has been upgraded with Pairs Trader, for pairs trading across multiple counterparties.
Celoxica Launches FPGA-Powered Futures Platform
Market data and order entry systems vendor Celoxica has launched its new futures trading platform for US and European markets.
Okasan Signs Fidessa for Prop Trading
Japan-based Okasan Securities has selected Fidessa's Japanese trading platform for its proprietary business.
PFSoft Introduces Module for Algo Trading
Ukraine-based PFSoft introduced AlgoStudio, a tool for algorithmic strategy development that supports MQSL and C# languages, as part of the ProTrader 2 direct market access (DMA) platform for trading strategies creation, optimization and back-testing.
Algos: Human After All?
Specialist firms are customizing algorithms to the needs of buy-side firms, making them better at reacting to market conditions and, ultimately, more like humans. By Steve Dew-Jones
FGS Capital's Narain: Build Algos to Fail
Algorithms must be built specifically with failure in mind, according to Jogi Narain, chief technology officer at London-based buy-side firm FGS Capital.
HSBC's Childe: Back-Testing Key to Mitigate Algo Failures
Panelists at the European Trading Architecture Summit (ETAS) yesterday discussed how to mitigate algorithmic trading errors that can cause catastrophic losses, saying that thorough back-testing is crucial to performance stability.
RTS and Squared Team Up on Algo Platform
The companies are trying to attract traders who want to delve into spot FX and metals for hedging purposes.
NYSE Partners ATG for Brazilian Equities Venue
NYSE Technologies and the Americas Trading Group (ATG) have announced that they will form a joint venture aimed at establishing a Brazilian platform.
TMX Atrium Adds AlphaFlash News Feed
Luxembourg-headquartered infrastructure technology provider TMX Atrium has added the AlphaFlash news feed to its platform.
Foresight Publishes Final HFT Report
Foresight, a UK government-affiliated research group located within the department for Business, Innovation and Skills (BIS), has published its final report on computer-based trading (CBT).
The Industry Needs to Come Together on Policing Itself When it Comes to HFT
Whether its through AT 9000 or some other industry-led initiative, HFT firms need to be proactive in addressing the risk concerns inherent in their chosen strategy.
PDQ Debuts Algos for Manual Traders
Manual traders can now get co-located execution without owning any co-located servers.
Cass Questions Circuit Breakers in New Study
The Cass Business School at City University, London, has released an academic paper questioning the validity of measures put in place after the Flash Crash to ensure market stability.
Getco Enhances Algo Suite
Electronic market-maker Getco has announced the expansion of its algorithmic trading offering, including six new strategies.
The Curious Case of the Nifty
The Flash Crash on India’s exchange highlights the perils of instituting catchy mechanisms like circuit breakers without really analyzing what causes problems in the first place.
G6 Takes Deltix for Algo Trading
G6 Capital Management has selected Deltix's suite of products for the testing and operation of its quantitative trading strategies.
Exegy, StreamBase Ally for Algo Strategy Support, Data Analytics
Integrated products simplify process of using data from Exegy appliances in StreamBase's analytics engines, while opening new opportunities for both vendors