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 Ivy Schmerken

Profile of Ivy Schmerken

Editor at Large
Member Since: 5/8/2014
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.

Articles by Ivy Schmerken
posted in October 2006

Instinet and Credit Suisse to Access Each Other's Dark Pools

Ivy Schmerken, Wall Street & Technology Instinet and Credit Suisse's Advanced Execution Services (AES) unit have agreed to provide their clients with access to each other's dark liquidity pools, according to today's announcement. The partnership between the two brokers involves Credit Suisse's CrossFinder and Instinet's CBX and is intended to increase institutions' chances of executing

Buy-Side OMSs Face the EMS Threat

Worried about the performance of their order management systems, buy-side traders are investigating execution management systems to gain an edge in faster equity markets.

Aleri Labs Attacks Throughput Claims With Low Latency

Ivy Schmerken, Wall Street & Technology Aleri Labs., a provider of event stream processing technology for the financial services industry, claims it has broken the sub-millisecond latency barrier for event stream data processing. The new performance standard is available through Aleri Streaming Platform, a high-performance application development platform that financial firms can use to analyze market data, process trades, monitor compliance

Mayor Bloomberg Says His Company Is Not for Sale

Ivy Schmerken, Wall Street & Technology New York City Mayor Michael Bloomberg has been approached by potential buyers of Bloomberg L.P., the multibillion-dollar financial information, market data, analytics and media company he created, but he has decided not to sell the company at this time, according to a release.

BATS Trading Warns of Spikes in Market Data Messages

Ivy Schmerken, Wall Street & Technology BATS Trading, operator of BATS (Better Alternative Trading System) ECN, warned participants that receive the BATS PITCH market data that it expects message activity levels to increase - partly due to systems changes related to Reg NMS - and customers may want to increase their bandwidth.

Cormack Departs NYSE Group; Brown Exits SIAC

Ivy Schmerken, Wall Street and Technology NYSE Group announced that Mike Cormack, who joined NYSE Group following the acquisition of Archipelago in January of this year, is stepping down from his current position and will become a senior consultant to the company in early 2007.

Instinet Unleashes Wizard, Data-Intensive Arrival Price Algorithm

Ivy Schmerken, Wall Street & Technology In the fast and furious race to roll out innovative algorithms, Instinet, the global agency broker, launched Wizard, a new twist on the arrival price algorithm. The system was configured to create a trading schedule for each stock in a portfolio by factoring in the historical volatility of stock and options prices. Arrival price - the price at the time an order arrives in the market - becomes t

NYFIX Partners With Paladyne Systems

Ivy Schmerken, Wall Street & Technology NYFIX signed an agreement with Paladyne Systems LLC. to provide FISX connectivity to the hedge fund industry through its "Powered by NYFIX" hosted solutions platform. Paladyne provides a hosted front-to-back-office technology suite to the hedge fund industry.

NYSE Conducts Test for Hybrid Market Phase III Launch

By Ivy Schmerken, Wall Street & Technology On Saturday, the New York Stock Exchange (NYSE) conducted a market-wide training exercise involving floor brokers, specialists and other market participants to prepare for the Phase II launch of the NYSE Hybrid Market. On Oct. 6, Phase III full Hybrid Market trading will begin with two NYSE-listed securities, followed by a gradual roll out of all NYSE-listed securities through December 2006, the

CME to Offer Customers Colocated Electronic Trading

By Ivy Schmerken, Wall Street & Technology CME will begin offering collocation services for customers' firms that execute electronic trades on CME Globex in the fourth quarter of 2006. For the first time, CME will offer customers the opportunity to connect their collocated trading servers to the CME over high-speed fiber optic connections. These redundant server connections are expected to decrease network latency times for order entry to

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