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.
Articles by Ivy Schmerken
posted in January 2007
1/31/2007
Swapstream, the London-based multilateral electronic trading platform for interest rate swaps (IRS), will expand its marketplace in mid-February with the launch of Eonia (Euro Overnight Index Average) swaps trading facility.
1/31/2007
Aqua - a new alternative trading system (ATS) owned byeSpeed Inc. and Cantor Fitzgerald focused on offering block liquidity to institutions, hedge funds and brokers - announced the hiring of Andrew Fishkind as global head of sales.
1/29/2007
Monitor 110 offers Internet search service for institutional investors that ranks online content by relevance.
1/29/2007
Energy traders who wait for a key government weather forecast each day could get a jump on the news thanks to a new product from WSI Corp.
1/29/2007
To enhance the workflow of asset managers and buy-side traders active in fixed-income markets, Thomson Financial launched TradeCentral, an order management system (OMS) that comes pre-integrated with Thomson TradeWeb, the electronic fixed-income and derivatives marketplace.
1/29/2007
Eyeing the success of crossing systems in the equities market, FlexTrade Systems has launched what it claims is the first block trading system for FX currency pairs.
1/29/2007
It's easy to start a hedge fund these days. All one needs is a spreadsheet, a telephone, an execution management system (EMS) and a prime broker to finance the positions.
1/26/2007
Traditional asset managers are venturing into the alternative investment arena. But can long-only funds merge their trading desks with hedge funds without raising red flags?
1/25/2007
Instinet, Wizard PRO, Michael Plunkett, Thorsten Schmidt, Vijay Kedia, FlexTrade Systems, FlexTrade PTS, Northfield Information Services
1/24/2007
Ivy Schmerken, Wall Street & Technology
The Boston Options Exchange said it filed with the Securities and Exchange Commission (SEC) to reduce fees in preparation for the Penny Pilot Program in which options will trade in one-penny increments.
The proposed change will reduce the trading from the standard $0.20 to $0.15 per contract.
1/24/2007
Ivy Schmerken, Wall Street & Technology
GL Trade, the Paris-based supplier of front-to back-office trading systems, is offering connectivity to Instinet's Chi-X, one of the first Pan-European alternative trading systems (ATSs) to arise in response to the Markets in Financial Instruments Directive (MiFID), which goes into effect in Nove
1/22/2007
By Ivy Schmerken, Wall Street & Technology
Today Liquidnet, the leading electronic marketplace for block trading, revealed plans to acquire Miletus Trading, an agency-only broker that supplies quantitative execution strategies and analytics to institutional investors.
Liquidnet signed a definitive agreement to purchase Miletus Trading, according to the release, though financial detail
1/18/2007
With buy-side firms ready to extend electronic trading in equities over to multiple asset classes, Credit Suisse AES (Advanced Execution Strategies) is expanding its algorithmic trading products into listed futures.
This week, Trading Screen, the operator of a multi-product trading platform, announced that Credit Suisse AES (Advanced Execution Strategies) for the listed futures m
1/18/2007
By Ivy Schmerken
With buy-side firms ready to extend electronic trading in equities over to multiple asset classes, Credit Suisse AES (Advanced Execution Strategies) is expanding its algorithmic trading products into listed futures.
Trading Screen, the operator of a multi-product trading platform, announced that Credit Suisse algorithms for the listed futures markets have been integr
1/17/2007
Ivy Schmerken, Wall Street & Technology
With over-the-counter products showing faster growth than exchange-listed instruments, Paris-based GL Trade is acquiring FX Solutions, a provider of front-to-back-office products used by capital markets firms and hedge funds to manage and process OTC products. The deal will be closed in February of 2007, according to Monday's release. FNX will enhance
1/11/2007
Ivy Schmerken, Wall Street & Technology
James Leman, an industry veteran who brings 20-plus years of expertise in electronic trading as well as middle and back-office technology strategies, has joined Westwater Corp. as managing director and head of its Capital Markets Practice.
1/11/2007
James Leman, an industry veteran who brings 20-plus years of expertise in electronic trading as well as middle and back-office technology strategies, has joined Westwater Corp. as managing director and head of its Capital Markets Practice.
1/11/2007
Ivy Schmerken, Wall Street & Technology
Expanding its global reach to Asia, yesterday, NYSE Group announced that it has agreed to acquire a five percent stake in the Mumbai-based National Stock Exchange of India Limited (NSE). The parent of the New York Stock Exchange will pay $115 million in cash for the shares being purchased from a consortium of selling shareholders.
1/10/2007
OptionsHouse, a new discount brokerage firm launched its online Web site on Monday offering stock and options trading at a simple, flat-fee rate to retail investors and institutions.
1/10/2007
Ivy Schmerken, Wall Street & Technology
OptionsHouse, a new discount brokerage firm launched its online Web site on Monday offering stock and options trading at a simple, flat-fee rate to retail investors and institutions.
Targeting savvy traders, the start-up is a spin-off of PEAK6 Investments LP, a Chicago-based equity option market maker based which leased space on the Chicago Board of Trade's original 1930 trading floor.
1/5/2007
With the number of ATSs increasing, exchanges are forming trade-reporting facilities to earn market-data revenues.