Nasdaq OMX's N.J. Liquidity Center Offers Fastest Route to Brazil Exchange
2/29/2012Nasdaq OMX's Cateret, N.J., colocation facility now boasts round-trip latency of just 107 milliseconds from the New York markets to Brazil.
Profile of Ivy Schmerken
Editor at Large Member Since: 5/8/2014Author
Blog Posts: 2629
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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 February 2012
posted in February 2012
Nasdaq OMX's Cateret, N.J., colocation facility now boasts round-trip latency of just 107 milliseconds from the New York markets to Brazil.
Regulation Drives Buy Side Focus on Data Management — Survey
2/29/201280 percent of respondents in MoneyMate survey said data management automation is very important in 2012.
Portware Hires Eskandar from Liquidnet As New CEO
2/29/2012In the new management structure, Portware promoted COO Scott DePetris to president and COO, and announced new roles for founders Eric Goldberg and Ari Khatchikian.
TradeKing Automates Social Media Surveillance
2/28/2012With usage of Facebook and Twitter on the rise, online broker TradeKing went live with SunGard's Protegent to monitor employees' social media activity.
Liquidity Centers Are Exchanges' New Revenue Centers
2/28/2012Looking for alternative revenue sources, NYSE Euronext, Nasdaq and CME Group have built out liquidity centers that offer services ranging from colocation to on-demand trading technology and market data.
Redline Trading Announces Pre-Trade Risk Solution
2/27/2012Aimed at latency sensitive applications, Redline's Pre-Trade Risk Solution performs a comprehensive series of risk checks in less than one microsecond to help firms comply with the SEC's 15c-3 Market Access Rule.
NovaSparks Releases FPGA Feed Handlers for Five Equity Exchanges
2/27/2012The company's FPGA architecture achieves average latencies of 400 to 700 nanoseconds, avoiding bottlenecks by bypassing the CPU.
GETCO Appoints New CEO
2/27/2012The global market maker named Daniel Coleman as its new CEO, citing his success and leadership as the firm's global head of equities and client services since 2010.
TD Ameritrade's New Mobile App Scans for Investment Opportunities
2/22/2012The online broker released a new mobile app for the iPhone and Android enabling investors to scan a product's bar code with the smartphone camera to reveal detailed information about the public company during the shopping experience.
Swaps Regs Up the Ante on Collateral Management
2/21/2012To cope with new swaps regulations, Kempen Capital Management scrapped its Excel spreadsheets in favor of an iinhouse collateral management system.
Lombard Risk Offers Solution for OTC Swaps Data Reporting
2/21/2012The risk management technology worked closely with U.S. clients to design a solution for OTC swaps data reporting under Dodd-Frank as of July 2012, but is eyeing European regulations with similar requirements by 2013.
BMO Capital Markets Expands Rollout of SunGard's GlobalOne
2/21/2012Already a customer utilizing SunGard's Global One in New York and London, BMO adopted the system in Toronto earlier this year to consolidate all global securities lending on one technology platform.
Exchange Suitors Circle LME, But Deal Could Turn on Regulators and Clearing
2/17/2012A bunch of global exchanges, including the likes of CME and NYSE Euronext, are said to be submitting bids to acquire the London Metals Exchange, one of the last pit-based exchanges still standing.
Oman's Muscat Securities Market Launches Upgrade of E-Trading
2/16/2012The Middle Eastern marketplace migrated to NYSE Technologies' NSC V900 trading platform to boost speed and reduce the time needed for brokers to process transactions.
Dubai Investment Bank Renews Contract for Orc Trader
2/16/2012Arqaam Capital will extend its use of Orc Trader to support cash equity trading on three stock exchanges in the United Arab Emirates.
Preparing for Margin Call Mania In Cleared Swaps
2/15/2012The regulatory push toward central clearing of OTC derivatives is going to create higher volumes of margin calls on cleared swaps for buy and sell sides. Manual emails will no longer suffice!
Rodman & Renshaw Acquires Assets of Investor Relations Group
2/13/2012The acquisition of IRG is complementary to Rodman & Renshaw's pending launch of DirectMarkets, an electronic platform linking public company issuers of private offers with investors.
Poland's CCP Choose Nasdaq OMX's Sentinel Solution
2/13/2012KDPW_CCP, Poland's leading securities clearing house and central counterparty, has selected Nasdaq OMX to deliver its OTC derivatives clearing and risk management product.
Swift's Arkelis Teamed Up With Red Hat Linux
2/10/2012Fiinancial institutions can now run the outsourced Arkelis messaging solution on Red Hat Linux, an open source solution, more cost effectively.
Thomson Reuters Picks First Derivatives Delta Data Factory
2/9/2012Thomson Reuters selected DDF as a managed service "data formatting factory," to offer clients rapid integration and adoption of reference and pricing data.
Goldman Sachs To Spin Off REDI Tech Group
2/8/2012Invites rival banks to invest in electronic trading software group, which Goldman will retain a significant stake in through its private equity arm.
MF Global's Computers Overwhelmed In Final Days
2/7/2012MF Global's computer systems couldn't keep up with the unprecedented volumes of transactions during its final days, according to a trustee's report, noting that some were never recorded.
Malaysia's RHB Banking Group Deploys FX Options System
2/7/2012The fourth largest integrated banking group in Malaysia chose the latest version of GFI Group's Fenics Professional with a broad range of tools for their FX derivatives business.
Nasdaq Increases Cabinet Power, Access and Bandwidth in Colo Site
2/6/2012The exchange will offer Super Cab, a cabinet providing up to 17 killowats of power to operate and cool trading equipment, and will soon roll out 40 Gigabyte connectivity to its US markets and data feeds.
BATS Exchange Receives SEC Approval for Market Maker Program
2/6/2012Designed for BATS' new U.S. primary listings business, the competitive liquidity provider (CLP) program is designed to incent market makers to make tighter quoted spreads for each listing on BATS.
FactSet Clients Gain Access to Dow Jones Global Markets News
2/6/2012The new distribution deal is aimed at improving institutional investors' workflows.
Cowen Raises Its Electronic Trading Profile with ATM Acquisition
2/3/2012Institutional broker seeks algos for its buy side clients, but vows to maintain ATM's broker-neutral business
Rodman & Renshaw Recruits Kevin Lupowitz for New Venture
2/2/2012As CEO, Lupowitz will lead DirectMarkets, a new subsidiary launching an automated transaction platform linking public company issuers with investors, which will bypass intermediaries to cut costs.
PDQ ATS Rolls Out New Order Type
2/2/2012With Parallel Posting, equity traders can colocate passive orders in multiple venues simultaneously and then automatically rebalance the remaining bids and offers at the most active venues.
MarketAxess Reports Record Revenues of $181 Million for 2011
2/1/2012The electronic trading platorm said its estimated market share in U.S. high-grade corporate bond, increased to 12.2 percent during Q4.
Exclusive: Inside the GETCO Execution Services Trading Floor
Advanced Trading takes you on an exclusive tour of the New York trading floor of GETCO Execution Services, the solutions arm of GETCO.
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