Are HFT's Days Winding Down?
They just might be in Europe where lawmakers appear to be at their wits' end when it comes to high-speed trading.
The Andean Region: Catching Up Fast
With Brazil and Mexico stealing most of the headlines when it comes to Latin America, people could be forgiven for missing some of the recent developments to come out of other countries in the region. While Brazil and Mexico might be seen as the dominant players, the rise of financial centers in Peru, Colombia and Chile is seeing brokers increasingly demand a multi-location Latin American presence.
Fidessa Expands Buy Side Connectivity Service
The platform now offers full infrastructure outsourcing —including FIX and non-FIX-based connectivity— to buy side customers as they grapple with the complexity of running technology infrastructure for multi-asset trading and the operational needs of new regulations.
Tabb Senate Testimony: First, Do No Harm
In his testimony before the US Senate on Thursday, the Advanced Trading and Wall Street & Technology columnist Larry Tabb answers the question: What, if any, policy changes should be considered by regulators or Congress in order to better protect investors; maintain fair, orderly, and efficient markets; and facilitate capital formation?
Tabb Testimony: The Regulators Need Better Tools
In his testimony before the US Senate today, the Advanced Trading and Wall Street & Technology columnist Larry Tabb answers the question: Do regulators have adequate tools to identify and limit manipulative or abusive strategies?
Tabb Senate Testimony: Beware Over-Regulation
In his testimony before the US Senate today, Advanced Trading and Wall Street & Technology columnist Larry Tabb recommends changes to strengthen the markets without killing future profits.
Fund of Hedge Funds Sector Set For More M&A
Aberdeen Asset Management said there will be a further wave of consolidation in the fund of hedge funds industry, with managers who run less than $3 billion facing a struggle to survive amid shrinking assets and rising costs.
World's First Offshore Yuan Futures Market Makes Quiet Debut
The world's first offshore yuan currency futures market debuted in Hong Kong on Monday in move backed by Beijing to underline its ambition to slowly internationalize the currency, but interest was muted among investors.
Yuan futures ended lower against the dollar on a quiet first
day of trade in what is the latest product launched by Hong Kong
Stock Exchange to further develop the fledgling market in yuan
trade and to attract investors.
CME Group to Launch Offshore Yuan Currency Futures
CME Group, the biggest U.S. futures market operator, said on Thursday it plans to expand its offering of yuan products to include deliverable offshore yuan futures, a move which should further help internationalize China's currency.
Japan Mutual Fund Values Inch Up
The asset value of Japanese mutual funds inched up in August, its third consecutive monthly gain, as investors bought into less risky bond funds, but overall performance was lower due to dividend payouts by equity funds.
NYSE Technologies Hires Jon Robson as CEO
The global exchange operator tapped Robson, a former Thomson Reuters executive, to grow the business of its tech unit, with has connectivity, data and hosted solutions.
9/11 - Eleven Years On
Is this the same Wall Street that moved heaven and Earth to get back to work and trade another day?
Poor Returns Cast Cloud Over BRIC Equity Funds
Investors fed up with years of poor returns are deserting BRIC equity funds, pushing share valuations to record cheap levels and questioning the future of the high-profile investment theme.
BlackRock to Lower Fees on Certain ETFs
BlackRock Inc is
planning to announce lower fees on some of its core iShares
exchange-traded funds in the fourth quarter, Chief Executive
Officer Laurence Fink said on Monday.
Nomura, Insider Trading and Buying Politicians: Advanced Trading's Week in Review
Summer is over and it's time to get serious, especially on Wall Street and in Washington, D.C. This week we hear from luminaries in the financial services arena who touch on fraud, regulation and how to keep a large global investment firm from imploding. We also hear about whether an organization that represents banks in America will get involved in buying -- or rather, influencing -- politicians. As the saying goes, money goes to money.