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 February 2008
Nasdaq OMX Takes 20 Percent Stake in Agora-X OTC Commodities Market for Institutional Trading
Many brokers are coding formulas to search for liquidity in dark pools into all of their algorithms.
As brokers begin to code dark pool access into all of their algorithms, the buy side is demanding more disclosure into their executions.
"In a way we're giving them a matching facility for free," says Jim Ross, VP, NYSE MatchPoint, explaining that DMA order flow providers could use NYSE MatchPoint to internally match customer orders at no charge.
With a rapid global connectivity push to connect dark pools to its buy-side OEMS, Fidessa LatentZero, a leader in buy-side front-office technology, seems to be announcing these deals in quick succession.
Wall Street firms are counting on new CEOs to clean up the subprime mess in their portfolios and revamp their risk management technologies. But they also are selling stakes to sovereign wealth funds.