Will the Buy Side Colocate?
Among the criticisms of high frequency trading is the charge that colocating trading strategies in the same data centers as exchange matching engines gives HFT firms an unfair speed advantage.
ICE Trust Gears Up for Dodd-Frank Oversight
ICE Trust, the IntercontinentalExchange's North American credit default swap clearinghouse, announced that it will complete its transition to a regulated derivatives clearing organization on July 16.
Getco Acquires Automat
The London-based proprietary trading firm focuses on exchange traded derivatives and spot foreign exchange markets.
Hedge Fund Withdrawals At Highest Since 2009
Investors withdrew more money from hedge funds than at any point since October 2009 last month, reflecting ongoing difficulties in the global equity markets, GlobeOp data shows.
AIB Rolls Out IPC Unigy
Roughly 55 traders are using the unified trading communications and application kit on the Malaysian bank's trading floor.
Wysota Joins DTCC as New CTO
Adam Wysota, a former managing director at Barclays Capital, will oversee the strategic direction of DTCC's IT infrastructure.
Best Ex in FX
David Ogg, who pioneered the use of algorithms in the international
currency trading markets, argues that best execution in foreign exchange has been sorely lacking for the institutional buy side.