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 January 2006
With Archipelago announcing in October that it's going to trade listed corporate bonds on its electronic trading system, electronic bond trading systems providers might be a little nervous.
For-profit exchanges are expanding into multi-asset trading to make money for their shareholders. But can they pull it off with multiple matching engines?
Due to legacy systems at both the New York Stock Exchange and the American Stock Exchange, the Securities and Exchange Commission has given both exchanges more time to comply with the sub-penny pricing rule under Regulation NMS, according to a brokerage industry source and a Nasdaq announcement.
According to the brokerage source, the SEC has decided that the sub-penny pricing rule will go into effect as planned next Tuesday, Jan. 31, but that any NYSE-listed or Amex-listed securities would not
Wall Street's leading regulators, NYSE Regulation and the NASD, are in talks to form a hybrid regulator that will oversee dual member firms.
CIO Antoine Shagoury is building a new trading system that will allow the American Stock Exchange to compete under Reg NMS.