Algorithmic trading
Exchanges, Brokers Face HFT Surveillance Challenge
Although the benefits and drawbacks of high-frequency and algorithmic trading have been debated endlessly, the ability to perform competent and reliable surveillance on these operations is an area often relegated to the back rooms of conferences. James…
Circuit Breakers Adequate for Flash-Crash Prevention
A recent report by London-based consultancy GreySpark Partners has found that circuit breakers and venue controls on algorithms should be sufficient measures to control aberrant behavior related to algorithmic trading, without a need for further…
Refereeing Fifty Matches at Once
When it comes to HFT, how much oversight is practical?
Prescient Ridge Goes Live on New Trading Infrastructure
Highland Park, IL-based Prescient Ridge Management (PRM), a managed futures fund specializing in short-duration, systematic trading strategies, has gone live with its new trading infrastructure incorporating Connamara’s Made-to-Measure components.
Algorithmic Trading special report
March 2013 - sponsored by: Azul Systems, OneMarketData
Staring Down the Barrel of Mifid III
Delays and frustrations could prompt a third round of reviews in Europe, which is exactly what we don't need.
ConvergEx Unveils Premarket Trading Algo
ConvergEx Group has released a new algorithm that is designed to allow users to automate the largely manual process of premarket trading.
Saxo Bank Re-Launches MT4 Platform
Online trading specialist Saxo Bank has re-launched its MetaTrader 4 platform under the name SaxoMT4, with institutional business being handled through its French subsidiary, Saxo Banque.
National Bank Financial Activates Orc for Canadian Algo Trading
National Bank Financial (NBF), a wholly owned subsidiary of the National Bank of Canada, has extended its use of technology from Orc by offering clients algorithmic trading in Canadian markets.
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.