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 April 2008
Ballista Unveils Electronic Platform to Aggregate Options Liquidity in Fragmented Market
BATS is counting on Savvis' Dockland's data center to deliver high-speed trading in European equities.
I had lunch with Bob Gach, global managing director capital markets at Accenture, last week. We chatted about a number of topics but one of the most interesting was Wall Street 's quest for sustainable cost reduction.
When the industry was generating huge profits from packaging and trading complex derivatives and needed to launch a system in 30 days, cost didn't matter. But now that the bubble has burst, the industry is more focused on not only how to reduce costs but sustaining the operating model in good times and bad.
To verify prices from brokers and other outside sources, Putnam Investments developed an internal OTC derivatives valuation engine using grid computing.
With the credit markets in turmoil over OTC derivatives valuations, buy-side firms are tapping vendors to avoid the conflict of interest inherent in broker-determined prices.
Everyone says with the Fed giving investment banks the right to borrow funds at the discount window, this has opened up Wall Street firms to more regulatory scrutiny.
BATS CEO Calls for Transparency in NYSE Arca's New Fee Schedule for Equity Trading
Gomez is developing a new model for market intelligence in capital markets.