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 2009
One anonymous law enforcement source in the story essentially blames the fraud on electronic trading. Since Madoff was a pioneer in electronic trading, there was no longer a physical paper trail, the source suggested.
After losing billions of dollars in Bernard Madoff's alleged fraud, funds of funds are refocusing on technology to perform due diligence on hedge fund investments.
In the wake of the Madoff scandal, institutional investors increasingly are demanding that hedge funds hire third-party fund administrators to verify net asset values and trading positions.
Team divides up Yuster's responsibilities across three regions: Americas, Europe and Asia
One of the inconsistencies that emerges in the story is that Madoff ran this familial business where he treated employees like family, but he is very controlling and paid attention to minute details
Given the state of the economy and the miserable state of affairs in banking and brokerage, I would have suggested going to an estate state or perhaps shopping at Staples or Office Depot.
Bias Ratio and risk profiling are tools that SEC should use for detecting fraud
If hedge funds are in more need of capital from investors, they may no longer be able to operate in secrecy and may have to acquiesce to investor demands for more transparency.
Arca remains NYSE's primary router, but Nunami is on standby in case there is a problem.
In response to counterparty risk concerns, mini-prime brokers are offering smaller hedge funds the hosted technology to manage multiple prime relationships.
A judge ruled today that Bernard Madoff can remain free on the $10 million bail he posted and continue to live under house arrest in his luxury apartment on the Upper East Side of Manhattan.
Prosecutors argued that Madoff had violated the conditions of his bail that prohibit him from transferring or dissipating any of his assets.
Expert contends FOHFs didn't conduct due diligence, but a system would have helped to raise red flags.
Regulators are scrutinizing credit default swaps and their role in the financial crisis. While dealers want to keep CDS trading over-the-counter, many believe exchange-traded CDSs are inevitable.
In wake of financial crisis and Madoff case, hedge funds look to outsiders to verify positions and net asset values.
Despite grim predictions of spending declines on investment research, some players in alternative research are seeing a reason to expand their offerings or test new models for independent research.
Today, the House Financial Services Committee will hold an open hearing today to discuss Bernard Madoff's alleged $50 billion securities fraud.