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 2006
Brokers are transforming their internal crossing networks into alternative trading systems to boost their match rates and earn market data revenues.
To find quantitative skill sets, Wall Street firms are getting creative, including running trading contests and making acquisitions to secure talent.
Wecker to Head Townsend
By: Ivy Schmerken
Jeff Wecker was named CEO of Townsend Analytics (TAL), the Chicago-based direct-access trading platform acquired by Lehman Brothers in December. Previously, Wecker was global head of electronic client services for Lehman Brothers. In his new role, Wecker is tasked to "run the business, make it a lot more profitable and grow the franchise," he says.
One of Wecker's current priorities is Project SPRITE, an initiative to support equities and bonds tradin
Stockholm-based Orc Software, a provider of tools for electronic trading and market making, will acquire Cameron Systems, a provider of FIX protocol messaging solutions.
NYSE Regulation unveiled Ask Market Surveillance, a software-based legal research tool intended to help floor members and their legal and compliance officers answer questions about NYSE trading rules.
Bear Stearns signed a global license with Wombat to bring direct-feeds into its quantitative trading platforms.