Profile of Ivy SchmerkenEditor at Large
Member Since: 5/8/2014
Blog Posts: 2629
Ivy is Editor-at-Large for Advanced Trading and Wall Street & Technology. Ivy is responsible for writing in-depth feature articles, daily blogs and news articles with a focus on automated trading in the capital markets. As an industry expert, Ivy has reported on a myriad number of topics including high frequency trading, algorithmic trading strategies, market structure, electronic trading in fixed income , colocation in data centers, Dodd-Frank regulation and the new derivatives landscape. Ivy meets with software companies and other innovators and writes about cloud computing, OMS/EMSs and other financial technologies.
Articles by Ivy Schmerken
posted in March 2013
SAC Capital Advisors’ founder Steve Cohen purchased a home for $60 million with an ocean view in East Hampton last week, topping a frenzy of deal making amidst resolving a pending settlement of insider trading matters with the SEC.
Brokers operating dark pools have come out with more sophisticated methods for preventing trades at bad prices and profiling client behavior — both in response to buy side concerns and regulatory scrutiny.
Is it "coincidental" that hedge fund billionaire Cohen returns to the art scene after settling two insider trading cases for $616 million?
The software enables fund managers, fund distributors and fund administrators to simplify and automate the process of reconciling invoices from different intermediaries.
Buy side firms, regional banks and other firms that execute OTC derivatives through FCMs will have a consolidated view of available credit among multiple clearing venues.
In the wake of its spinoff from Citigroup as an internal hedge fund unit, Napier Park Global Capital chose Options' infrastructure-as-a service offering as its technology platform.
Based on what it calls 'the first meta-analysis of HFT,' Columbia Business School Professor Charles Jones finds that high frequency trading benefits liquidity and lowers trading costs, echoing other academic studies.
Shaun Bramham is named head of Instinet's Asia-Pacific business, succeeding Glenn Lesko who is returning to the US.
The wealth management firm will manage its institutional equity and fixed income business through Linedata's consolidated platform covering portfolio management, trading, pretrade compliance and reporting.
With the number of U.S. options exchanges soon to be 12 by the end of the year, experts are concerned about complexity, fragmentation and rising technology costs amid lower volumes.
Regulators worry that high speed trading firms that act as both buyer and seller in the same transaction, known as wash trades, could be inflating the volume and distorting prices, reported The Wall Street Journal and CNBC.
The world's leading non-ferrous metals exchange has become part of TMX Atrium's community, to gain access to investors involved with electronic, multiasset trading.
Senator Carl Levin grills Ina Drew and other bank execs, accusing them of changing VaR and hiding data on risky derivatives trade from regulators.
Friday's hearing about JP Morgan's London Whale trade led by Senator Carl Levin is really about putting pressure on regulators to finish the Volcker Rule, Propublica's Jesse Eisenger tells Bloomberg TV.
An attorney representing Bloomberg LP threatened to file a lawsuit against the U.S. regulator for unfair margin requirements on swaps trading rules, which give a competitive edge to exchange platforms over SEFs.
The derivatives software provider said the taxation logic within Inferno has already been applied for the French and Italian FTT and can be adapted on the fly as regulations are clarified and other countries needs are defined.
In response to customer requests, Options expanded connectivity to global FX markets and brokers from the NY2 and NY4 New Jersey data centers, and also upgraded the fiber route between New Jersey and Chicago.
PT Schroders Investment Management Indonesia will use Omgeo's central trade matching services to communicate trade details with broker/dealer counterparies, while advocating post-trade automation to Indonesian broker community.
This week, the Dow Jones Industrial Average surged past 14,000 for the first time since 2007, on the strength of corporate earnings and the Fed’s stimulus, but investors questioned the authenticity of the rally.
The U.S. regulator's decision to allow CME Group to report swap transactions to its own repository has inflamed tensions with the DTCC, which has called the CME rule 1001 "anti-competitive."
The electronic broker teamed up with Chronos Technologies to offer pairs trading to retail traders and institutions.
Nasdaq OMX partnered with BondDesk for providing real-time pricing to PHLX's newly launched options on U.S. Treasuries, and member firms will execute in the underlying bonds on the BondDesk ATS.
In the run up to Dodd Frank's March 11 deadline for mandatory central clearing,LCH.Clearnet experienced a record month in February, clearing over $22 trillion notional interest rate derivatives for 73 buy-side clients.
The buy side is crunching transaction data, automating algorithmic trading decisions and building analytics in an effort to more effectively track down alpha.
The automated tool is aware of the idiosyncratic nature of the pre-market session, when prices are erratic and volume is thin.