TGIF: What The Senate Really Wanted To Ask Goldman Sachs
In this video clip from the Daily Show, Jon Stewart jokes that Goldman banker Fabrice Tourre, the self-described Fabulous Fab, has already picked his prison nickname, and that Senators at the hearing probably only really wanted Goldman CEO Lloyd Blankfein to answer one question..."Are You Hiring?"
Study: HFT Benefits Traditional Trader
A new report by Woodbine Associates, finds that high-frequency trading in general has improved execution quality and reduced volatility, enabling the more traditional investment trader to benefit from reduced execution costs and increased alpha preservation.
The Myth of the Rational Market
For years, it has been accepted as a fact that collectively, the markets act rationally over time. However, history and almost all new research point out that people are, by nature, irrational.
Pragma Launches Adaptive Overlays for Algos
Pragma Securities has released its Adaptive Overlays suite of controls for enhanced customization and control over trading algorithmic strategies in various market conditions.
TGIF: The Promotion
In this scene from NBC's The Office, employees compare Michael and Jim's managing styles and decide which one they prefer...
Nomura Releases New Algo
Nomura Securities International has released SmartSeek, a new tactical trading algorithm for trading in both lit and dark markets.
New iPhone 4GS Prototype Found In Bar
Images of the next version of Apple's iPhone have hit the web, and if the photos are real, it looks like the popular gadget will be getting a camera in front that can be used for video conferencing, as well as longer battery life and a clearer display.
UBS Connects to MarketPrizm
UBS will connect to Chi-X Global Technology's MarketPrizm pan-European trading infrastructure in support of the firm’s Direct Execution ultra-low latency market access and co-location services.
Nomura Enhances Asia-Pacific Trading
Nomura has enhanced its Asia-Pacific algorithmic trading platform with several new execution strategies and has also co-located its TactEx strategy for Japan on the Tokyo Stock Exchange (TSE).
Nasdaq OMX Puts Focus On Video
New services include live video webcasting for earning calls, full-day analyst conferences, CEO vignettes and corporate profiles.