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 2012
Speculation intensified that federal prosecutors are looking at SAC Capital Advisers' owner Steven Cohen, but the government doesn't have enough evidence, a lawyer told American Public Media's Marketplace..
An estimated 82 percent of U.S. asset managers surveyed by Greenwich Assoc. use CSAs for efficiency and transparency, but the trend is leading to a reduction in execution payments to smaller broker dealers and administrative headaches to buy side.
As consumers of information shift their habits to tablets and smartphones, Merrill Lynch Global Wealth Management launched a channel on Flipboard, a popular, free app, where users can aggregate news and social media content.
Suitors of Knight Capital Group are eyeing the wholesale market maker's retail order flow, but they'll also look to save money by eliminating overlapping infrastructure like duplicate colo facilities.
Rival firms are expected to submit bids this week to acquire Knight Capital Group, which could bring the potential acquirer savings in equity trading technology.
Through a collaboration with Thomson Reuters, Fidessa group plc has developed tools to help the buy side cut through large volumes to quickly access relevant and actionable IOIs.
For no particular reason, events known as mini-flash crashes routinely happen in equities, as fat finger errors and faulty algos interact with HFT firms in the electronic market infrastructure.
A study conducted by CFA Institute of undisplayed trading in dark pools and via broker-dealer internalization found that market quality deteriorates once more than 50 percent of stock's volume is traded in the dark.
After several technology incidents and mini-flash crashes pointing out the risks inherent in computerized trading, institutional traders and sell side desks are examining how they can protect their orders from getting caught up in the next debacle.
The regulatory investigation of Knight Capital's trading glitch on Aug.1 could turn into a lesson for Wall Street on how the regulator will enforce the new market access rule.
Lawyers representing a group of brokers, bankers and money managers, along with tech giants, will deliver closing arguments today in a court case fighting new market data fees charged by stock exchanges.
Only one third of investors believe their primary investment provider is acting in their best interest, according to a study by State Street's Center for Applied Research.
As Dodd-Frank impacts the cost structure of derivatives trading, dealers are slashing million dollar salaries in favor of building cheaper algorithms.
Informed Portfolio Management, a Stockholm-based systematic macro and equity manager, chose Portware's customizable FX solution to allow traders to execute FX against any bank, ECN or interdealer platform.
PricewaterHouse Coopers was added to a lawsuit by MF Global Customers, which accused it of turning a blind eye to the firm's internal controls.
Algorithmic providers and high-frequency trading shops are running complex calculations in the public cloud, but the economics of storing big data may not be so cheap.
Electronic trading is gaining traction in fixed income as capital-constrained dealers and new rivals seek ways to offer liquidity to the buy side.