Profile of Ivy Schmerken

Editor at Large Member Since: 5/8/2014
Author
Blog Posts: 2629
Posts: 638

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.

Private Markets Threaten Exhanges

7/31/2007
If companies continue to choose to raise money via private placements rather than via IPOs and electronic venues fuel a secondary market, what will the future hold for the exchanges?

Nasdaq, Goldman Sachs Creating Electronic Trading Platforms for Private Equity

7/31/2007
As issuers turn to private markets to raise capital, Nasdaq and Goldman Sachs are introducing electronic trading platforms to build liquidity in unregistered offerings.

Morgan Stanley Ranks First Among Bulge Bracket Brokers Providing Electronic Trading Services

7/30/2007
Financial Insights Ranked Morgan Stanley as the top broker for providing DMA, algorithmic trading, TCA and EMS to buy-side clients.

Direct Edge CEO Launches Bill's Emails

7/30/2007
Today is William (Bill) O'Brien's first day on the job as CEO of Direct Edge ECN. He began this new role by reaching out to the trading community of current and potenital customers with an email that explains why he is returning to the ECN world.

NYSE Euronext Develops Dark Pool for Crossing Portfolios

7/24/2007
By the end of this summer, NYSE Euronext is expected to launch NYSE MatchPoint - a point-in-time benchmark crossing-network geared to large index funds and mutual funds looking to matching portfolios of stocks. The move follows the rapid proliferation of dark pools accounting for as much as 12 percent of U.S. stock trading volume according to research by the TABB Group.

TABB Group's Jeromee Johnson Departs to Launch Options ATS

7/24/2007
Jeromee Johnson, senior analyst at TABB Group, the financial markets research and advisory firm, is leaving his position this week to join 3-D Markets Inc., a software developer that is about to launch the first block crossing network for U.S. equity options.

BATS Reacts to Changes at Direct Edge

7/19/2007
BATS Trading had a reaction to yesterday's blog that Citadel Derivatives is investing in Direct Edge ECN and that its parent Knight Capital is seeking to build a consortium of direct investors to grow the ECN's liquidity and might eventually consider exchange status. Even though Direct Edge appears to be taking a page from BATS' own strategy, here's what BATS Trading VP, Randy Williams, had to say:

Knight Capital Lands Citadel Derivatives as Direct Investor in Direct Edge ECN, Seeks to Grow Consortium

7/18/2007
Citadel Derivatives Group is making a minority investment in Direct Edge ECN, signaling a change in strategy for parent Knight Capital Group, which is now looking to attract a consortium of direct investors to grow the ECN's volume to the next level.

BIDS Trading Exceeds 20 Million Shares in Block Volume

7/18/2007
Even though the nascent block-crossing venue has plenty of competitors in the ATS space including Liquidnet, ITG POSIT, NYFIX Millennium and Pipeline Trading, BIDS appears to be building momentum right out of the gate because of the liquidity pools and customer bases of its strategic partners.

On Point Executions Launches Options Smart Order Router

7/16/2007
On Point developed the options smart order router in response to clients that were experiencing latency in routing orders to options exchanges and also having problems with the options industry linkage program or being held hostage to liquidity at a single venue.

CME-CBOT Merger Sparks More Takeover Talk

7/13/2007
Given the reality that consolidation of exchanges is moving like a baseball player on steroids, it's logical that the new combined company, CME Group, a CME/CBOT company, would be considering its next target.

Risk Indicator Detects When Hedge Funds Trading Illiquid Securities Are Smoothing Returns

7/11/2007
With the near collapse of two hedge funds last month at Bear Stearns Asset Management from investments in complex mortgage backed securities, risk management experts are pointing out the hazards of valuing illiquid securities. Recent research by Riskdata, into a sample of over 1,000 hedge funds reveals that at least 30 percent of hedge funds trading illiquid strategies are smoothing returns

The Buy-Side Rates JPMorgan and Lehman as Top U.S. Fixed Income Dealers

7/10/2007
JP Morgan and Lehman Brothers are the leading dealers with the highest market shares in U.S. fixed-income trading across products, according to a survey by Greenwich Associates, the financial services research and consulting firm headquartered in Greenwich, Conn. released on Monday. Both dealers also have the top rating by institutional invest

XBRL - Breaking Into the Equity Analysis Bastion

7/9/2007
By Raghuvir Mukherji Senior Consultant, Financial Securities Domain Competency Group Infosys Technologies Ltd. [email protected] After giving traders and order routers a bad scare in the form of algorithmic trading, technology is now in a position to threaten equity analysts, or make their job simpler, depending on where one is in the equity analysis 'value chain'. The advent of the internet and the use of

Private Equity Firms Fueling the Growth of Electronic Trading

7/2/2007
Private equity firms are rushing to invest in electronic trading companies and financial technology companies that provide services to hedge funds.