Nasdaq OMX Unveils Volatility Target Index
Nasdaq OMX Group announced that it will launch a new volatility index in conjunction with Deutsche Bank’s global asset management segment, a system it said is designed to limit risk for investors dealing on the Nasdaq-100 Index.
The New Alpha Generators
With commissions growing ever tighter on the execution side, agency brokers are entering the research business to capture a larger share of the buy side's alpha-generation wallet.
Measuring Liquidity: A Challenge in OTC Markets
The credit crisis has demonstrated the need for a new generation of market-based liquidity measures in OTC instruments, according to David Austin and Gavan Nolan at Markit, who contend the focus should be on indicators of 'prospective liquidity.'