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News & Commentary
Content tagged with Infrastructure posted in September 2012
Are HFT's Days Winding Down?
News  |  9/28/2012  | 
They just might be in Europe where lawmakers appear to be at their wits' end when it comes to high-speed trading.
Are Modular Data Centers the Answer To Better Efficiency?
Commentary  |  9/27/2012  | 
As technology organizations look to transform the service delivery model to be more agile, on-demand and cost-effective, modular data centers may provide the means to get there.
The Andean Region: Catching Up Fast
Commentary  |  9/27/2012  | 
With Brazil and Mexico stealing most of the headlines when it comes to Latin America, people could be forgiven for missing some of the recent developments to come out of other countries in the region. While Brazil and Mexico might be seen as the dominant players, the rise of financial centers in Peru, Colombia and Chile is seeing brokers increasingly demand a multi-location Latin American presence.
Buy Side Leans Towards Human-Driven, Alternative Trading Models
News  |  9/27/2012  | 
Although more buy-side firms than not want to boost their use of automated trading in the next year, a survey by MathWorks shows nearly a third have taken the opposing view.
As Cotton Surged, China Trader Amassed $510M Bet
News  |  9/27/2012  | 
US regulators tag China trader in speculation crackdown, as ex-COFCO trader exceeded cotton limits as prices soared 34 percent.
ICAP Chief: Positive Signs After Trading Downturn
News  |  9/26/2012  | 
But Michael Spencer does not see any uptick in trading being enough to sustain the already heavily concentrated inter-dealer broker market.
Roiled by Volatility, Sharp Peak Shutting Asia Hedge Fund
News  |  9/26/2012  | 
After suffering a 21 percent loss the Hong Kong hedge fund is shutting its doors.
Nasdaq OMX and Amazon Web Services Launch Financial Services Cloud Offering
News  |  9/25/2012  | 
With financial firms facing increasing operational and data costs, AWS partners with Nasdaq OMX to provide a cloud offering aimed at handling regulatory reporting.
Enclave Capital Aims to Boost International Desk with New Trading Head
News  |  9/25/2012  | 
The brokerage, which provides algorithms to New York Stock Exchange floor traders, appointed Harold Warren head of trading and managing director.
Fidessa Expands Buy Side Connectivity Service
News  |  9/25/2012  | 
The platform now offers full infrastructure outsourcing —including FIX and non-FIX-based connectivity— to buy side customers as they grapple with the complexity of running technology infrastructure for multi-asset trading and the operational needs of new regulations.
Morgan Stanley Aims To Double Japan Assets to $50B
News  |  9/25/2012  | 
MSIM to benefit from Japan's AIJ loss cover-up scandal, eyes expansion in alternative business in Japan
Hedge Fund MST Capital Turns to TradingScreen's EMS, TCA
News  |  9/24/2012  | 
The firm will deploy the platforms to execute electronic trades across various asset classes.
MST Capital Signs Up for TradingScreen's Multi-Asset EMS and TCA
News  |  9/24/2012  | 
The Australian hedge fund manager will utilize TradingScreen's EMS, TradeSmart, to trade equities, derivatives and FX via the software-as-a-service model..
Hong Kong Start-Ups Lift Asia Hedge Fund Industry
News  |  9/21/2012  | 
Hedge fund assets in HK grow by $6.5 bln to $47.1 bln, and Asian industry adds $3.5 bln, in line with portfolio gains while hedge fund industry in Singapore, Japan shrinks
Brazil May Fire Up Tax Artillery In 'Currency War'
News  |  9/21/2012  | 
Brazil threatened on Friday a further clampdown on speculative foreign capital, firing a warning shot in a "currency war" its finance minister blamed on money-printing by Western central banks.
Tabb Senate Testimony: First, Do No Harm
Commentary  |  9/20/2012  | 
In his testimony before the US Senate on Thursday, the Advanced Trading and Wall Street & Technology columnist Larry Tabb answers the question: What, if any, policy changes should be considered by regulators or Congress in order to better protect investors; maintain fair, orderly, and efficient markets; and facilitate capital formation?
Tabb Testimony: The Regulators Need Better Tools
Commentary  |  9/20/2012  | 
In his testimony before the US Senate today, the Advanced Trading and Wall Street & Technology columnist Larry Tabb answers the question: Do regulators have adequate tools to identify and limit manipulative or abusive strategies?
Tabb Senate Testimony: Beware Over-Regulation
Commentary  |  9/20/2012  | 
In his testimony before the US Senate today, Advanced Trading and Wall Street & Technology columnist Larry Tabb recommends changes to strengthen the markets without killing future profits.
Flash Crash Or A Turning Point For Oil Prices?
Commentary  |  9/20/2012  | 
Fund of Hedge Funds Sector Set For More M&A
News  |  9/20/2012  | 
Aberdeen Asset Management said there will be a further wave of consolidation in the fund of hedge funds industry, with managers who run less than $3 billion facing a struggle to survive amid shrinking assets and rising costs.
Vega-Chi to Launch Buy-Side Only High-Yield Bond Trading System
News  |  9/19/2012  | 
The new ATS will give institutional investors the ability to trade directly with each other, eliminating the need for broker dealers as intermediaries.
Hedge Funds Back Off Banks
News  |  9/18/2012  | 
As frustrations over the Euro debt crisis rise, some mutual funds are slowly returning to banks.
Could Social Media Revive High-Touch Trading?
Commentary  |  9/18/2012  | 
Maybe the return to high-touch trading is achieved by overlaying social media concepts on top of the low-touch networks that now proliferate the industry.
World's First Offshore Yuan Futures Market Makes Quiet Debut
News  |  9/17/2012  | 
The world's first offshore yuan currency futures market debuted in Hong Kong on Monday in move backed by Beijing to underline its ambition to slowly internationalize the currency, but interest was muted among investors. Yuan futures ended lower against the dollar on a quiet first day of trade in what is the latest product launched by Hong Kong Stock Exchange to further develop the fledgling market in yuan trade and to attract investors.
CTO On Apple's iPhone: No, Thanks.
Commentary  |  9/14/2012  | 
In the week that Apple unveiled the new iPhone 5, one trading company's CTO isn't among the impressed.
Intelligent Trading: Opportunities for Mid-Tier Brokers
Commentary  |  9/13/2012  | 
At the pre-trade level it's all about 'actionable' data, embedded in brokers’ daily workflows enabling them to react faster than anyone else to revenue-generating opportunities.
CME Group to Launch Offshore Yuan Currency Futures
News  |  9/13/2012  | 
CME Group, the biggest U.S. futures market operator, said on Thursday it plans to expand its offering of yuan products to include deliverable offshore yuan futures, a move which should further help internationalize China's currency.
Japan Mutual Fund Values Inch Up
News  |  9/13/2012  | 
The asset value of Japanese mutual funds inched up in August, its third consecutive monthly gain, as investors bought into less risky bond funds, but overall performance was lower due to dividend payouts by equity funds.
Financial Firms Driving Innovation Through Agility and Back-Office Efficiency, Study Finds
News  |  9/12/2012  | 
A study from IBM and Broadridge finds that leading firms have sufficiently reduced complexity in operations to enable superior customer service and are able to regularly deploy new products in less than three months.
Miller Tabak Consolidates Trading Infrastructure With Fidessa
News  |  9/12/2012  | 
The institutional trading firm said the Fidessa platform will help rein in costs, which is a growing concern for broker-dealers amid new regulations and rising market fragmentation.
Flextrade Delivers Analytics Via NYSE Technologies
News  |  9/12/2012  | 
The exchange will offer market data clients access to the FlexEdge Predictive Analytics Solution.
ConvergEx Looking to Sell Eze Castle OMS, RealTick EMS: Report
News  |  9/11/2012  | 
The institutional brokerage could fetch up to $1 billion by selling both platforms, although it's unclear how much demand there will be for RealTick given the trading slowdown, according to Traders Magazine.
NYSE Technologies Hires Jon Robson as CEO
News  |  9/11/2012  | 
The global exchange operator tapped Robson, a former Thomson Reuters executive, to grow the business of its tech unit, with has connectivity, data and hosted solutions.
9/11 - Eleven Years On
Commentary  |  9/11/2012  | 
Is this the same Wall Street that moved heaven and Earth to get back to work and trade another day?
Poor Returns Cast Cloud Over BRIC Equity Funds
News  |  9/10/2012  | 
Investors fed up with years of poor returns are deserting BRIC equity funds, pushing share valuations to record cheap levels and questioning the future of the high-profile investment theme.
BlackRock to Lower Fees on Certain ETFs
News  |  9/10/2012  | 
BlackRock Inc is planning to announce lower fees on some of its core iShares exchange-traded funds in the fourth quarter, Chief Executive Officer Laurence Fink said on Monday.

Wall Street Week Ahead: A Nice Rally While it Lasted
News  |  9/10/2012  | 
At the start of the historically weakest month for equities, there are plenty of reasons to believe stocks may be just about reaching a top - at least in the short term.

Data Center Cooling: From Seawater to Oil
News  |  9/7/2012  | 
Intel has announced it has just completed a year-long test submerging a rack of servers in mineral oil, with powerful results.
No Trust in the 'Futures,' Morgan Stanley Plays Mr. Fix It, Technology Bugs and More Quotes of the Week
Slideshows  |  9/7/2012  | 
Morgan Stanley officials vowed this week to fix the technology systems for the company's brokerage sales force, while the Peregrine and MF Global debacles have industry leaders losing faith in the futures industry. Plus, JPMorgan's new chief investment officer hopes for a return to a sense of normalcy at the firm after its own debacle.
Nomura Taps Instinet as Sole Execution Services Arm In Major Restructuring
News  |  9/7/2012  | 
In a strategic move, Nomura will migrate equities trading to Instinet's inindependent agency model in North America, Europe and Asia, while reducing costs of running duplicative businesses.
Nomura, Insider Trading and Buying Politicians: Advanced Trading's Week in Review
Slideshows  |  9/7/2012  | 
Summer is over and it's time to get serious, especially on Wall Street and in Washington, D.C. This week we hear from luminaries in the financial services arena who touch on fraud, regulation and how to keep a large global investment firm from imploding. We also hear about whether an organization that represents banks in America will get involved in buying -- or rather, influencing -- politicians. As the saying goes, money goes to money.
As Dark Pools Grow, ASX Fights To Keep Public Exchanges Relevant
Commentary  |  9/6/2012  | 
ASX CEO Elmer Funke Kupper says the growth of dark pools is hurting Australia's largest public exchange, and without stronger regulations, remains a threat to lit markets around the world.
The Holy Grail of Cloud Computing – Maintaining Data Confidentiality
Commentary  |  9/5/2012  | 
Whether a financial institution enters a public or private cloud, data privacy and confidentiality are top concerns. A financial application (or a service) must be protected, and true privacy must be maintained, says SAP's Gilad Parann-Nissany.
Amid Weak Returns, Hedge Funds Take Aim at Risk Management
News  |  9/5/2012  | 
As hedge funds fight their way through a second weak year in a row, a study by BNY Mellon, the Managed Funds Association and HedgeMark says the industry is putting risk management under the spotlight.
Brummer Raises $500M For New Fund
News  |  9/5/2012  | 
Asset Manager BlueCrest Capital Opts for Axioma's Risk Platform
News  |  9/4/2012  | 
The $32 billion alternative asset manager said Axioma's system will aid its systematic equity strategies.
FlexTrade Dives into Fixed Income Trading, Connecting with eSpeed
News  |  9/4/2012  | 
In a move to expand its multi-asset class trading functionality, FlexTrade's order management system has become certified to trade U.S. Treasuries via BGC Partners' preferred vendor program.

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