Interacting With Algorithms
Miletus Trading, a quantitative broker that specializes in algorithmic trading, introduced a Web-based interface that enables buy-side traders to interact with the broker's algorithms.
FX Market Adopts E-Trading Platforms
Sixty percent of the $621 billion inter-dealer market for global spot foreign exchange is traded electronically and that figure will increase to 90 percent in 2007, according to Celent Communications.
The International Securities Exchange Goes Public
All eyes are on the industry's first electronic options exchange as other exchanges ponder going public. In an interesting twist, the ISE chose to list its shares on the New York Stock Exchange, a floor-based market.
Boston Stock Exchange Moves Ticker App to Linux
For the Boston Stock Exchange to remain competitive, its ticker-processing software must provide brokers with a constant feed of data. If this flow of information wavers, traders lose out.
The Battle Over Index Options
An industry source reminded me recently that major events happen in the financial industry for three reasons: fear, greed and regulation.