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 September 2010
SmartPool welcomed SocGen as the latest member to join the European dark pool, and set record in September for dark trading of French CAC40 stocks.
Adds support for international equity trading in Europe, Canada and Latin America as well as trade analytics from Goldman Sachs and QSG.
Infrastructure-as-a-Service (IaaS) model provides on-demand access to email, file storage and PC environment, as well as disaster recovery and business continuity.
Hong Kong-based hedge fund selects Options PIPE Core service, which offers full site of office and mobile technology.
Contends private initiatives such as Eris Exchange can create a safer environment for OTC interest-rate swaps transactions and clearing.
The new trading platform is able to handle larger trading volumes and process trades 10 times faster than previous system.
Will provide colocation, connectivity and interconnection services for Bloomberg data services and Bloomberg Tradebook.
Plans to adopt the same tables as the domestic exchange venues by October 2010.
Test results prove synchronized time accuracy within 30-40 nanoseconds of GPS time from within the server’s trading applications.
Industry veteran brings extensive experience and deep understanding of capital markets and market structure issues to STA role.
Buy-side clients of IRC Securities will be able to generate research credits for independent research by trading through Pipeline's Algorithmic Switching Engine.
Institutional dealer-to-customer marketplace will support electronic trade execution of equity options on all European single stocks and major indices.
The combined companies will deliver a complete investment management research offering to the buy side.
The bank's proprietary trading unit will leverage Thomson Reuters' TopOffice to manage all risk exposures across the Global Arbitrage Group strategies on an intraday basis.
The institutional broker will use TAG's advanced TCA to monitor execution quality in exchange-listed options and ETFs on behalf of clients.
A new era on Wall Street has dawned, including revamped regulations for OTC derivatives and proprietary trading.
RTS will provide high-speed acces to the BFX trading engine through its range of low latency and algorithmic trading solutions.
European MTF continues to rebuff passive flow rebate model to protect against price discrimination.
CBSX experiences 900 percent growth in volume with inverted "maker-taker" pricing program for 75 most active, low priced stocks.
Trading volume from Eurex's Asian-based member firms doubled in the first half of 2010, year-on-year.
Independent trading firm is utilizing Orc for trading, market connectivity and integration with inhouse systems and back-office functions.
Wall Street is evolving, seeking to reinvent itself following the financial crisis. Apparently, the metamorphosis will include building information systems that provide transparency into hidden balance sheets and create audit trails of high-frequency trading activity - at a cost of billions of dollars.
The spin off of proprietary trading desks resulting from the Volcker Rule presents an opportunity for independent firms and tech suppliers.
Solace to provide messaging infrastructure for next generation FX trading platform.
Provides direct access to eight options venues and reduces latency to low double-digit microseconds.
Futures platform will be based on Tdex+ trading platform for options, and futures products will be migrated to low latency platform in fall 2011.
Slaine brings a background in financial and technology industries to Interactive Data's financial market data and analytics business.
Agrees with obligation to clear OTC derivatives trades via CCPs and need to establish trade repositories in the EU, but stresses need for harmonization between European initiatives and U.S. Frank-Dodd Act.
Agency broker looks to grow it global prime services business for hedge funds, with integration of First New York's team and a capital introduction program.
We have been writing about the debate over integrating the order management and execution management systems for the past five years. And still the issue is unresolved.
Expands Web-based tools to provide free access to stock trading patterns in lit and dark venues across the U.S., Europe and Asia.
Hires Kevin Horgan, formerly of BTIG, to spearhead the international expansion, basing its Asian execution operations out of Hawaii.
The SEC's expansion of circuit breakers to Russell 1000 stocks is the first line of defense against another May 6th "flash crash," says Aite Group's Sang Lee, but it may not prevent another disaster.
The clues to the causes of the mysterious May 6 flash crash are evidently buried in the trading data, leading to new conspiracy theories about high frequency traders conducting cyberwarfare to clog up the exchanges.
As emerging market bonds see steady inflows, BTIG wants to ensure European-based clients have access to a local sales and trading team.
Customers are given the option of transferring their forex acounts to Gain's FOREX.com retail platform.
The patent is for a key component of Tamale RMS, which enables investment professionals to find and retrieve research related to specific investment queries or topics.
Jakarta Futures Exchange has integrated the Trayport GlobalVision Exchange Trading system with 3i Infotech's surveillance and risk management system.
Cites demand for independent, management and revaluation tools in commodities and derivatives markets.
TCX hired Atrey Parikh from Morgan Stanley to support its network infrastructure.
The documentation supports transparency and promotes understanding of how the two clearing houses interoperate to serve the London Stock Exchange and SIX Swiss Exchange.
BGC Trader IRS, which went live on Sept. 1st, is an extension of BGC's proprietary hybrid technology platform.
The bank will use Orc to support expansion into different assets, citing access to exchanges around the world.
The new all-electronic exchange will employ a 'maker-taker' fee schedule and a modified price/time matching algorithm for multiply listed options classes.