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 October 2008
Cites proxmity to exchanges, low latency trading technology and advanced risk tools required by multiple prime brokers.
Merrill Lynch, Goldman Sachs, J.P. Morgan and Credit Suisse take stakes to support multi-prime trend and multi-asset offering to hedge funds.
Moving commission balances into a neutral entity is under consideration
With bulge-bracket firms going under, buy-side institutions are scrutinizing their exposure to sell-side execution services and trading platforms.
Wall Street firms are setting aside billions of dollars to make bonus payments to employees after receiving $1.25 in taxpayer money from the government to shore up their balance sheets.
From my conversations with him, Plunkett is very plugged into industry chatter about setting up a consortium to consolidate CCA balances into a neutral entity.
Market data pros turn to a new Web site to track surging message rates in real time amid the turmoil.
Wants control over its own destiny because Nasdaq owns its regulator, the Boston Stock Exchange
Maybe they can get Angelina Jolie to play the role of Errin Callan, Lehman's former CFO? But who will play the part of Richard Fuld or Jimmy Cayne?
Solution Competes with Multiple CDS Clearinghouse Initiatives
CME-Citadel team up to work on rival execution and clearing platform as New York Fed weighs in.
Despite passage of the Treasury's $700 billion bailout bill to buy troubled mortgage backed securities assets, nothing has worked so far and the credit freeze on short-term lending is causing fears that that the U.S. economy will slip into a long recession.
Plunkett Leaves to Pursue Other Personal and Business Interests
Ironically. if Wells Fargo pulls off the merger with Wachovia it could be resuming the very institutional equity trading business it left.
Dealers Adopt Electronic Process to Solve the Problem of Gap Risk