Algorithmic trading
TradingScreen Launches PairsHub
Technology vendor TradingScreen has debuted PairsHub, its electronic execution interface that connects with pair-trading algorithms from tier-one investment banks.
Instinet Adds Philippines Support
Instinet has announced that the Philippines has become the 12th Asia-Pacific capital market to be added to its direct market access (DMA) and algorithmic trading platforms.
Volant Expands Execution Services through REDIPlus
Market-maker Volant Trading has rolled out extensions to its execution services for options traders, allowing them new capabilities through the REDIPlus execution management system (EMS).
TradeTech Paris: Mind the Gap
The annual TradeTech event taking place in Paris has triggered a lot of debate, ranging from the legitimacy of high-frequency trading (HFT) practices, to the need for accurate and reliable Transaction-Cost Analysis (TCA) tools and the future of dark-pool…
Flash Boys: Michael Lewis' Latest Book Makes Waves Across the Capital Markets
The release of Michael Lewis' latest book, Flash Boys, has caused a stir on Wall Street. Since Monday, the author and his interviewees, as well as his depicted villains, have been plastered across television programs and the internet, defending and…
FBI Probes Ultrafast Trading
The Federal Bureau of Investigation (FBI) is investigating high-speed buying and selling of securities on US markets, in an attempt to determine whether firms engaged in this practice are contravening rules on insider trading.
Panel Scrutinizes Trading Algos and Visualization Tools in FX Market
A panel of foreign-exchange (FX) practitioners analyze the results from the recent Tibco-sponsored survey on FX trading practices, arguing that electronic trading in the asset class doesn't necessarily equate to algorithmic trading.
Simulation Tools Key as Managed Futures Funds, CTAs Optimize Execution
A potent mixture of in-house, futures commission merchant, and boutique brokerage-provided algorithms now play a part in commodity trading advisors’ and managed futures funds’ trading activities. Tim Bourgaize Murray examines why a new cadre of…
FXCM Integrates Seer Trading Solution for Algorithmic Testing
US-based foreign exchange (FX) broker Forex Capital Markets (FXCM), has integrated Seer Trading’s technology with its offering, giving clients the ability to test and develop algorithmic trading strategies.
Instinet Unveils MAKE Algorithm Globally
Instinet, the equity execution services arm of the Tokyo-based Nomura Group, has launched what it has dubbed its MAKE algorithm, the broker’s latest addition to its Execution Experts algorithmic trading suite.
BAML Consolidates Options Algorithms
Bank of America Merrill Lynch (BAML) has streamlined its algorithmic offerings for options trading, consolidating them into four strategies.
Indian Regulator Plans HFT Conference
The Securities and Exchange Board of India (Sebi) has announced plans for a two-day conference next week, aimed at discussing the market risks associated with algorithmic and high-frequency trading (HFT).
January 2014: Do Algorithms Dream of Super-Fast Sheep?
While algorithms are far from sentient, Victor wonders what they would think about if they could.
Aizawa Securities Selects Fidessa for Proprietary Trading
Japanese broker Aizawa Securities has selected Fidessa for its proprietary and wholesale agency trading businesses.
2013's Trading Technology: A Year of 'Accelerating Returns'
Readers of Waters' ongoing coverage will have noticed several themes that blossomed over the past 12 months. Some of them were predictable. But 2013 also offered up more than a few unexpected hints of opportunities to come—whether imminently, or further…
ITG Introduces Algo Prism in Canada
Agency broker and technology provider ITG has introduced ITG Algorithms Prism to the Canadian market, providing traders with up-to-the-second visibility into the behavior of its algorithms.
Does Speed Still Sell?
It’s been a very buy-side focused week, here at Sell-Side Technology. On Friday, we had the seventh annual Buy-Side Technology Awards, and around that, of course, all of the organizational and editorial work it entails. Thanks have to go to everyone…
China Securities Deploys Fidessa Asian Trading Platform
Investment bank China Securities (International) has selected Fidessa’s Asian trading platform to operate on its first subsidiary outside mainland China.
Citi Clients to Get DMA and Algos Trading in Moscow
Citi plans to begin offering clients algorithmic trading and direct market access (DMA) to securities traded on the Moscow Exchange this month.
Instinet Extends Nighthawk Algo to Japan
Instinet, the New York-based agency-only broker, has introduced Nighthawk VWAP, a variant of its Nighthawk algorithm, which provides buy-side firms with aggregated access to the pre-market volume-weighted average price (VWAP) crosses in Japan.
CSRC Widens Everbright Glitch Probe
The China Securities Regulatory Commission (CSRC) has announced that it will expand its investigation of trading systems to include all Chinese brokerages, following a glitch in Everbright Securities' high-frequency engine that caused it to mistakenly…
Futures Trading Algorithms Find Traction
Equities and futures microstructures have always functioned differently—and in terms of algorithmic application, the latter has always benefited from the adventures of the former. From order placement optimization to a revived debate on pricing…
Risk Management a Challenge When Algos Go Rogue
In an article published in May, Waters explored the problematic task of performing market surveillance in automated, high-frequency trading environments. Another challenging area for algorithmic trading is that of risk management, when questions of risk…
ITG Updates Implementation Shortfall Algorithm
ITG has enhanced its Dynamic Implementation Shortfall algorithm with optimized capabilities to handle imbalanced and illiquid portfolio trades.