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 November 2013
Macro-global investment firm executed a pool of interest-rate swaps using TW SEF's compression tool to net or terminate exposures at the clearing house.
Buy-side firms are demanding that their sell side partners utilize a single location to aggregate their commission credits, according to Markit, which offers a single portal for commission management.
Releasing its roadmap for 2014, microwave telecom provider McKay Brothers plans to reduce Ill.-N.J. roundtrip latency further, triple line capacity and launch single megabit slices for private bandwidth.
Changing its technology in response to the CFTC's guidance of Nov. 14, MarketAxess said its now providing open and impartial access to its SEF.
The SEC’s proposed Regulation SCI is intended to protect market technology from outages and technical glitches. But industry commentators contend the rule doesn’t include all market participants and underestimates the implementation costs. Here are five areas that market participants would like to change.
The standardized swap contracts can boost liquidity on the new OTC derivatives trading platforms and increase efficiency for the buy side constrained by line items.
Seventy-seven electronic-trading platforms are competing in the fixed-income market, but a few core systems have most of the volume, says The Bond Market Association's 2003 review.
Yesterday, CFTC Chairman Gary Gensler told SEFs that their trading platforms could no longer be just dealer-to-dealer or dealer-to-customer, and must be open to all market participants.
Eclipse Capital Management sponsored access to Deltix quantitative research technology for students in the Olin Business School's Masters in Finance program, as a way to train candidates it may hire in the future.
Yesterday, US stock and options exchanges said they have reached agreement on several proposals to prevent breakdowns in SIPs, critical infrastructure, halts, trade breaks and kill switches.
Greenline's automated testing tools will enable Direct Edge to strengthen its time-to-market and quality assurance for electronic trading, the stock market operator said.
Hedge funds are beginning to analyze the behavior of traders through analytics, and open-source tools for extracting information from text and voice conversations are accessible and affordable.
A broad spectrum of ICAP's OTC data in interest rate derivatives, fixed income, foreign exchange and energy markets will be made available through Interactive Data's consolidated feed to support pre-and post-trade analysis.
Allston Holdings, parent of leading high-frequency market maker Allston Trading, launched new commodities and energy teams in Chicago, and recruited talent for its New York office as part of a growth strategy.
Citi's order facilitation mechanism is a first in Mexico for retail and institutional orders, which is open to both local and foreign clients.
Last week Javelin Capital Markets narrowed the scope of interest-rate swaps it wants to list on its SEF, in an open process. But one analyst says answers are needed.
Markit will integrate its TCA product into Eze OMS, so that hedge fund and asset manager clients can assess pre-trade estimates alongside open orders in the trading blotter.