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 January 2014
After Nasdaq OMX said it will stop running the securities information processor, the UTP SIP Committee has decided to put the job out for bid, according to sources.
The global asset manager cites Portware's rich set of decision support analytics and plans to standardize technology, workflows and processes on a single EMS.
The company hired Tom Conigliaro to head up its Trading Services Group, which will develop the new Trader Dashboard with triggers and streaming inputs to inform buy-side strategies.
London-based ITRS and Excelian developed a real-time performance monitoring interface for Murex, once considered to be middle office, but sell side customers are now scrutinizing downstream and upstream interdependencies among systems.
Banks that have written trading applications based on the OpenMAMA API, will have a seamless way to access Redline Trading Solutions' ultra-low latency ticker plant.
Michael McGovern joined BBH as CIO and head of systems, where he will spearhead technology strategy, application development and systems infrastructure for the privately-held financial institution.
European IDBs with bank customers will utilize TeraExchange's SEF platform to comply with Dodd-Frank's U.S. person's trading rule.
The developer of PDQ ATS has hired longtime industry experts Peter Jenkins and James Ross to head up PDQ's institutional equities buy-side solutions.
Javelin Capital Markets received a regulatory nod from the CFTC to offer an array of interest-rates swaps on its SEF platform, but uncertainty remains for multi-leg trades.
The London-based maker of portfolio management software offers cross asset capabilities, a sophisticated OMS, and brings along 50 asset management clients.
FastMatch has retained Caplin Systems to build a front-end for its spot FX matching service.
The decision by Credit Suisse reflects the new independence of the REDIPlus EMS, a move that has made other brokers more comfortable with joining the platform.
New York Attorney General Eric Schneiderman secured an agreement with BlackRock to terminate a survey program that gave the world's largest money manager early access to Wall Street sentiment.
Tokyo-based Aizawa Securities has outsourced its front-end trading systems to Fidessa amidst changes in the Japanese exchange trading environment.
The SEC's proposed Regulation SCI includes mandatory requirements to boost resiliency and compliance standards in automated trading systems, but market participants have their doubts and are requesting changes.
The actor is raising $5 million for his tree-free paper company through a Toronto-based crowdfunding portal offering equity stakes to accredited investors and institutions.
While nearing the completion of its merger with Direct Edge, BATS Global Markets captured 21.7 percent of European equity volume in December, and set a new record in Spain.
The popularity of "leveraged ETFs" in mutual funds is causing fund administrators to look for software that can automate the tax analysis rather than rely on public audit firms.
Wall Street's regulator issued its list of examination priorities for 2014, citing firms hiring high risk brokers, suitability, cybersecurity and testing of algorithmic trading systems.