Profile of Ivy Schmerken

Editor at Large Member Since: 5/8/2014
Author
Blog Posts: 2629
Posts: 638

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.

MarketAxess Research Introduces TCA for Fixed Income

3/30/2012
The electronic trading platform's research arm is offering a proprietary method for analyzing and reducing transaction cost in less liquid corporate bond markets.

BATS Sheds Light on Software Glitch that Scuttled IPO

3/27/2012
According to BATS COO, Chris Isaacson, the electronic exchange operator successfully completed the IPO auction, but had a problem transitioning to continuous trading.

BATS IPO Business Still Open

3/27/2012
After a humiliating meltdown when its own initial public offering had to be withdrawn, the exchange operator will continues with its IPO listing business nevertheless.

CFTC Picks Tabb for HFT Subcommittee

3/27/2012
Larry Tabb will help the CFTC subcommittee to create a definition of high frequency trading.

BATS' Software Glitch: Bad Things Happen

3/26/2012
After Friday's technical fiasco, BATS Global Markets was forced to withdraw the company's own I.P.O. and aplogize to its customers. But the computerized stock market shouldn't be crucified.

Academic's Twitter Model Predicts Stock Returns

3/21/2012
A professor at the Unversity of California has developed a model based on discovering patterns in Twitter, suggesting that mining social media feeds can pay off.

Rosenblatt Securities Hires Chief Market Strategist

3/20/2012

LCH.Clearnet to Launch OTC FX Clearing

3/19/2012
In coming weeks, LCH.Clearnet's new service ForexClear will provide clearing for FX non-deliverable forwards in coming weeks, with support from 14 major market participants.

Deutsche Bank Promotes Three to Head Tech/Ops, Risk and Compliance

3/16/2012
In a management overhaul, Deutsche Bank named Henry Ritchotte COO with oversight of technology and operations, as new co-CEOs put their stamp on the bank.

Smartleaf Launches Portal for Model Vendors

3/15/2012
Along with the portal, Smartleaf is offering a Model Distribution Service (MDS), to create a marketplace for the sale and purchase of model portfolios.

Newedge Launches Phase 2 of Smart Order Router

3/14/2012
The new inhouse, low latency SOR provides direct market access to major equity options and cash equity exchanges for Newedge's executing partners — including small and mid-sized broker dealers and high frequency trading firms.

Who's Hiring in Financial Tech?

3/13/2012
Two different companies hiring service and support staff are involved in social media compliance and derivatives trading solutions.

R.J. O'Brien to Deploy FFastFill's Trade Execution Suite

3/13/2012
The futures brokerage will utilize FFast Fill's Trading Pro, SaaS offering, within its European and U.S. operations for futures, options, FX, equities, repos and CFDs.

Dodd Frank Confusion Reigns on Buy Side — Study

3/12/2012
While sell side firms are investing heavily due to Dodd Frank, a new study finds that buy side firms are confused about clearing deadlines and favor Bloomberg as the execution venue of choice.

Futures SROs Propose 4 Ways to Protect Customer Seg Accounts

3/12/2012
In the wake of MF Global, the first proposal would require FCMs to file daily reports on segregated and secure accounts, enabling regulators to track fluctuations in the amount of customer funds maintained by the firm.

Buy Side Admits to Weaknesses in Current Accounting Systems

3/9/2012
More than 56 percent of buy-side repondents said they are not confident in their accounting systems, while recognizing that positiions should be centralized a single accounting system, according to a SimCorp poll.

Scottrade Chooses Fidessa for Order Routing

3/8/2012
The online retail broker will utilize Fidessa's order routing and order managment capabilities, citing dynamic markets, high volumes and an active regulatory environment.

Swaps Participants Gear Up for July Reporting Deadline

3/6/2012
Even though the CFTC's rules pertaining to recordkeeping and swaps data reporting put the burden on dealers, asset mangers will still want systems for record keeping, monitoring, reconciliation and analytics.

Frost Bank in Texas Rolls Out Calypso for Derivatives

3/6/2012
Installation of Calypso system to support the bank's growing interest rate derivatives was completed in less than four months.

MarkitServ Launches FX Gateway Connecting to CCPs

3/5/2012
The middleware provider announced a single point of access for FX participants to route OTC derivatives trades to CCPs worldwide including CME, SGX and LCH.Clearnet.

TradingScreen Expands into Indian Insurance Sector

3/5/2012
Three of the top 10 industry insurance sector companies have deployed Trading Screen's EMS for compliance reasons.

The 3 Biggest Pain Points on the Road to Swaps Clearing

3/5/2012
Central clearing promises to bring transparency to the OTC derivatives market and reduce participants' risk. But dragging swaps out into the open is a difficult road. Here are three challenges adding to the buy side's pain -- and insight into how they can be overcome.

Who Do Buy-Side Firms Trust With Their Money?

3/5/2012
In the absence of clear rules on customer collateral protection, the question of default risk weighs on investment managers entering the swaps clearing game, and some market participants argue that custodians offer a safer option than brokers.

Fidelity Launches Mobile Deposit iPad App for IRAs

3/2/2012
The broker updated its iPad app so that investors can make 2011 contributions to their IRAs in time for the April 17th deadline.

Tradar Releases iPad App for Portfolio Reporting

3/1/2012
Tradar teamed with Nedelma, a data aggegation and mobile reporting company, to provide asset values and detailed portfolio views on-the-go.