iPhone Makes Inroads on Wall Street

In early November, the IntercontinentalExchange (ICE) bought TradeCapture OTC to be able to introduce iPhone and iPad applications. ICE used TradeCapture’s Tap and Trade technology and renamed it ICE mobile. The application is available in the Apple App Store. According to the Atlanta-based exchange, the app will be expanded by the end of the year to offer mobile trading.

Also in early November, according to a Bloomberg report, Bank of America and Citigroup may allow traders to use iPhones and

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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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