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 May 2008
Palmer argues that CEP is a mature technology given that CEP's use on Wall Street is expanding and now includes public customers such as the FSA and Turquoise.
I doubt that the emergence of an open-source trading platform is going to encroach upon the success of Portware and Flextrade anytime soon, but it could offer firms more freedom to do things on their own at a lower price point.
A community of buy-side users building automated trading systems are testing the open source platform.
In the wake of the credit crisis, a platform designed to trade restricted stocks is rescuing investors trapped in auction-rate securities.
Demand for European algorithms prompts CA Cheuvreux to join InfoReach's sell-side network.
Real-time analysis of streaming data is catching on, but industry experts say CEP is still an immature technology.
With the collapse of Bear Stearns, the buy side needs to monitor which broker-dealers to use as a counterparty.
While the credit crisis raised concerns about counterparty risk, the buy side is relying on the bulge bracket firms for access to algorithms, execution management systems and dark pools.
To minimize latency, buy-or sell-side can host algo strategies at exchange colocation facilities
In a move to lure high-frequency traders, exchanges and ECNs keep offering higher and higher rebates for adding liquidity and lower fees to remove liquidity.
EMSs are hooking up to alternative trading venues in Canada as the need for smart order routing emerges.
Exchanges and ECNs are raising rebates and lowering access fees for the most active traders.