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 September 2014
At the InformationWeek Leadership Summit at Interop New York, David Saul, chief scientist of State Street, said companies must tap their employees for innovation, or they are wasting resources.
The most influential time in Rob Park's career was the 10 months it took to take IEX from conception to production.
S&P Capital IQ and Kuberre Systems are launching Event Fusion, a new product that monitors multiple real-time feeds and alerts investors to critical data impacting their securities holdings.
The jury is still out on whether SEF rules will produce a positive outcome for the swap market, and some participants are shifting to alternative instruments, according to Tabb Group's fourth SEF Industry Barometer.
Fund managers need to consider who holds the encryption keys for cloud-based email, or face potential legal risks.
The world's largest money manager outlined steps for improving liquidity in corporate bond markets with expanded e-trading protocols and bond standardization.
The agency broker is giving the buy side a choice of routing a percentage of an order to IEX while designating a percentage to go through ConvergEx's Darkest, an algo connected to 20+ unlit venues.
As institutions struggle to execute large orders, PDQ ATS is introducing Auction1, a new auction for equities that pauses orders up to one second so it can aggregate liquidity from fragmented markets.
Tradeweb's SEF saw a twenty-fold increase in interest-rate derivatives trading volume in the first two weeks of September, while Tabb Group looks for signs of summer doldrums turning around.
In a speech this week, SEC Commissioner Dan Gallagher said the SEC must act on the opaque fixed income markets and put Reg NMS under the microscope.
Algomi is helping sales traders find the other side of less liquid bond trades, so that banks can become more efficient at voice trading.
Citing demand for an efficient hedging tool, TeraExchange has developed a Bitcoin swap product and a Bitcoin price index, to launch the first regulated Bitcoin derivatives platform.
Eris Exchange licensed its swap futures methodology to the Montreal Exchange while setting a record for daily volume in its domestic swap futures contracts, buoyed by new buy-side entrants.
Tabb Group announced Clarity, a venue and order routing analysis service, to help the buy side understand where and how orders are executed and handled in the fragmented stock market.
PDQ ATS, a venue that recreates floor trading, executed more than 1 billion shares in August, averaging 50 million share per day in US equities, the venue's parent reported.
After tripling its volume in less than a year, the dark-pool operator has gained venture capital backing to apply to become a full-fledged stock exchange.
Cyber attacks have become inevitable, but companies that prepare for how to respond can "shrink the problem" and minimize the impact of any security breach.