CBOE Banks on Hybrid 2.0
After recently completing the rollout of its first Hybrid system, the Chicago Board Options Exchange (CBOE) is rolling out the second phase of its hybrid market.
A Note From The Editor
Wall Street & Technology proudly introduces Advanced Trading, a quarterly publication that focuses on the sophisticated strategies and technologies that are driving the future of trading.
CME CEO Donohue Sees Growth in Futures
According to Chicago Mercantile Exchange (CME) chief executive officer Craig Donohue, the CME is a significant indicator of a future of substantial growth in the futures industry.
Trading Newsflashes: Liquidnet Sells Minority Stake for $250 Million
Liquidnet Sells Minority Stake for $250 Million; Instinet Europe Partners With Orc Software to Expand Direct-Access Biz; Tamesis Integrates Markit Data Into Credit Trading Platform; Patsystems Lands Contract With Tokyo Grain Exchange; CBOE Picks etvMEDIA to Provide Streaming Video
Trading: Penson FX Trading System Lands Orion Securities as First Client, and more.
Penson FX Trading System Lands Orion Securities as First Client; Bloomberg Launches Morgan Stanley Calculator for Credit Derivatives; Robert Van Securities Goes Live With Tradeware for Direct-Market Access and MarketCenter for Global Order Routing; Lehman Brothers Completes FIX for Fixed Income Certification via TransactTools' Testing Service
Brokers are developing pre-trade analytics in connection with their algorithms to help buy-side customers determine the best algorithms to use.
The Issue Defined: Buy-side firms are gravitating toward rules-based systems that are often supplied by brokers.
Investment managers and hedge funds are starting to shop for faster data for their traders.
Reg NMS Tops The CIO Agenda
The SEC's dramatic plan for revising the market structure may require CIOs to increase bandwidth for depth-of-book data. And, Wall Street will have to modify its trading systems, as well.