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 April 2013
After last week's Hash Crash, James Angel of Georgetown University told CNBC he's worried about the next glitch. Circuit breakers are in place, but he's not sure how they will react when the next stress hits.
Enables financial advisors, asset managers and other professionals to create an online presence by using Twitter, LinkedIn and Facebook, while including tools to ensure compliance with the SEC/FINRA's guidelines.
Paladyne, a Broadridge Company, has integrated the Numerix Portfolio Risk into its front-office solutions to help its clients help manage risk across asset classes with the addition of Paldyne's reference data.
The electronic FX platform trading platform has a proposal to reduce the speed advantage of HFT players because the technology arms race has gotten out of hand.
Offers new market maker programs with economic incentives to reward individuals who meet quoting requirements on a per-security basis.
The firm's EMS now offers midpoint pricing on FX pre-spot, forwards, NDFs and swap deal types, ahead of the regulation's deadline on May 1st.
One software expert said that CBOE's software problem was a sign that exchanges are rushing out software and that the SEC needs to do more with compliance to set a level playing field.
A systems delay at the CBOE shutdown trading in the big stock index options contracts for three and one-half hours, raising questions about the safety of electronic markets.
A hedge fund manager focusing on real estate picked Northpoint's Form PF filing services to deal with all operational aspects from data collection to electronic submission.
With the faster and more complex electronic markets, what is the future skill set needed for the buy side trader?
The money manager is partnering with MarketAxess to seamlessly integrate its fixed income trading portal with BlackRock's Alladin system to source liquidity in corporate bonds, while nixing plans for its own buy-side crossing network.
The largest dark pool's decision to stop reporting its volume statistics most likely relates to concerns that U.S. regulators are targeting off-exchange volumes.
The data provider added risk and scenario analysis tools to is Portfolio Valuations Service.
Known for his knowledge of U.S. equity market structure, Cangemi will relocate to London to head ConvergEx’s European operations, while continuing as co-head of electronic equity trading and sales.
Some academics are blaming the irrational exuberance of retail investors combined with the short selling of hedge funds for the decline in Apple Computer's stock price last week.
A hedge fund specialist in crude oil and derivatives, Mandara Capital chose Tbrick's futures trading platform, powered by S&P Capital IQ's Quantlink and QuantFeed, to improve speed and to support inhouse development.
The financial services company cited strength in equity markets, combined with higher volumes in foreign exchange trading, supported by fee revenues.
The new committee will share best practices in electronic and algorithmic trading across asset classes and make decisions on investments in systems for competitive advantage.
The U.S. patent was issued to Eze Castle Software Group for proprietary technology in RealTick EMS that allows traders to stage electronic orders in a neutral account without committing to a specific broker.
The crowdsourced earnings estimates platform agreed to license its data for display on the respected Bloomberg Professional service, which is a sign that social finance is a growing trend.
Argues that CFTC's rule imposing higher margins on swaps than comparable swap futures, is not based on risk analysis and will harm swap execution facilities..
Hedge fund manager Linear Investments picked the multi-asset EMS, integrated with position management and OMS functionality, compliance and risk, all delivered via the cloud.
As buy side firms scramble for liquidity in corporate bonds, a new report Tabb Group lays out the need for a new price discovery mechanism with new tools and pricing sources to replace traditional phone-based quoting.
The integration with OneMarketData's single solution for complex event processing and tick data will enable users of FlexTrade's EMS to develop strategies based on real-time and historical data.
A revised edition of Bloomberg Anywhere for iPad debuted today which includes access to Instant Bloomberg, advanced mobile charting and industry-specific dashboards.
Despite a slight slowdown in global FX trading activity last year, large numbers of institutions and companies in the U.S., Europe and particularly in Asia continued to adopt e-trading, according to Greenwich Associates research.
This week trueEX said it plans to launch a service to provide termination, compaction, re-balancing and backloading to CME clearing clients.
Pending SEC approval, ISE expects to launch Gemini, its second options exchange, in Q2.
The feature —available for equity algorithmic trading — allows buy-side clients to gain access to liquidity while transferring risk and lowering the cost of execution on each algorithmic order.
Founders of iBillionaire are offering a free mobile app to track the equity holdings of Warren Buffet and hedge titans like David Tepper based pulling data from their SEC filings. But, is this misleading the masses?
Hedge funds using MLK Solutions's data warehouse can access a customizable suite of integrated risk calculations from PortfolioScience across funds, portfolios, sub-portfolios, and individual positions.
Electronic swaps exchange trueEX will create futures contracts based on the independently managed and calculated indices, and will be the first regulated exchange to offer exposure to corporate credit spreads.
The competition will offer students with an interest in quantitative finance the opportunity to gain hands-on experience with algo development.
Nasdaq OMX's UltraFeed now includes U.S. equity market depth data from Nasdaq, NYSE Euronext, Direct Edge and BATS exchanges combined into a single feed. .
Former Reagan budget director David Stockman blasts the Federal Reserve for being a bubble machine that has enriched speculators and Wall Street with its zero-interest rate policies, while doing nothing for Main Street, in an interview with Charlie Rose on Bloomberg TV.
One of Israel's largest banking corporations, Bank Leumi, will utilize Calypso's front to back office platform for cross asset class support, including interest rate derivatives.
The SEC’s decision to allow public companies to share data on social media networks such as Facebook and Twitter raises implications for investors and traders.
A survey of 51 investment managers by RIMES, a financial data provider, found that index and benchmark data has become "integral" to a number of buy-side department but that cost is difficult to manage.
The exchange operator's plans to acquire the electronic trading platform for U.S. Treasury bonds and notes raised concerns with analysts at credit rating agencies. But the move will also diversify Nasdaq away from stocks into fixed income products.
Adding Fitch Data to Bloomberg PolarkLake's Enterprise Data Management Solution will give financial institutions an independent view of long-term credit risk to support risk management and regulatory reporting.
An Internet startup is challenging the traditional Wall Street earnings estimates model by reaching out to asset managers and hedge funds to build a buy-side consensus.
With profits down due to lower volumes and declining volatility in U.S. stocks, high-frequency traders face growing pressure to find new markets and innovate when speed is not enough.
Retail institutional clients will gain direct access to PDQ's ATS and "electronic algorithmic trading crowd" via the Orbis trading platform.