Profile of Ivy Schmerken

Editor at Large Member Since: 5/8/2014
Author
Blog Posts: 2629
Posts: 638

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.

Brokers End Talks to Acquire Cogent Consulting's Commission Management Software Firm

6/29/2009
The parties were unable to reach an agreement over terms of the transaction, terminating a plan for an industry-wide commission aggregation portal.

ADG Deploys ITRS for Real-Time Monitoring of Trading Systems

6/29/2009
Traders can view ITRS Geneo dashboard which monitors critical systems in real-time.

Euro Millennium Increases Average Daily Volume Over 70 Percent in '09

6/26/2009
NYFIX's European dark pool connects with Bloomberg buy-and sell-side EMS/OMS platforms.

SIFMA: Cost Cutting, A Double-Edged Sword?

6/25/2009
Amidst the buzz at SIFMA about low-latency networks and high-frequency traders, there are firms that really need to restructure their costs.

Hudson Fiber Network Launches Exchange Connect Platform in Switch and Data's North Bergen Site

6/25/2009
HFN reports actual performance of 200-to-400 microseconds to four major U.S. equity market centers.

Silver Lake’s Hutchins Touts the Cloud, Social Networking as Mega-Trends

6/24/2009
Private equity veteran predicts slow recovery but urges financial industry to invest in technology and innovation at SunGard City Day event.

Direct Edge Adopts 29West's High Speed Messaging Platform

6/24/2009
With UME serving as the exchange's messaging backbone, Direct Edge experienced a major reduction in overall system latency and increased throughput.

CME Group Picks StreamBase’s CEP Platform for Options Pricing

6/23/2009
Derivatives exchange initially will tap the complex event processing platform to develop models for settlement pricing of options on futures with plans to expand CEP's use into risk management and compliance.

Bond Traders Are Drawn to Agency Commisson Payouts

6/22/2009

Agency Brokers Go On Hiring Binge to Launch Fixed-Income Desks

6/22/2009
Agency brokers are leveraging their deep relationships with buy-side firms to fill a void left by the bulge bracket in the fixed-income markets.

LIM Advisors Integrates Fidessa LatentZero's Capstone

6/22/2009
Multi-strategy investment group uses front-office suite for portfolio management, compliance, trading and operations.

SunGard Launches Assent ATS to Match Equity Orders

6/21/2009
Looks to match diverse order flows from Assent, Brass and GLTrade trading communities before routing out.

BGC Partners Completes Acquisition of Liquidez in Brazil

6/18/2009
The deal gives BGC Partners access to an inter-dealer broker that is a top trader on the BM&F.

SecFinex Announces Dates for Centrally Cleared Securities Lending in European Markets

6/17/2009
The NYSE Euronext company is developing an anonymous platform for trading and central clearing of securities lending transactions.

Omgeo and EuroCCP Target Counterparty Risk on Buy-Side

6/17/2009
Counterparty risk is still a looming issue for the buy-side in Europe.

MKM Partners Hires Cumberland to Expand Research and Trading Products

6/16/2009
Institutional equity trading and research firm strengthens management team with ex-Merrill Lynch hire.

FlexTrade Proposes Technology Solution for Naked Short Selling in Letter to SEC

6/15/2009
Lenders of securities should establish real-time databases of stock eligible for borrowing using FIX tagging, advises FlexTrade's CEO.

RBC Capital Markets Taps Open Source Platform for Fixed Income Applications

6/15/2009
RBC Capital Markets taps open source development platform Eclipse to integrate multiple fixed-income applications through a single user interface.

Nasdaq OMX CRD Global Sustainability 50 Index Launches Today

6/15/2009
CRD Analyitcs' SmartView system ranks companies on over 150 quantitative factors, including environmental, financial and social performance indicators.

Nasdaq OMX's CCP Partners Set Interoperability Timetable for Nordic Markets

6/12/2009
EMCF, EuroCPP and SIX X-clear will offer Nordic markets interoperability by Jan., 29, 2010.

BTIG Expands Global Fixed Income with Four New Hires

6/10/2009
Agency broker attracts talent from Street firms, including Deutsche Bank, Barclays and UBS.

Liquidnet's Tie-Up with NYSE Euronext

6/10/2009
resumably, corporate issuers of primary and secondary offerings of securities could reach out the Liquidnet Members - 582 buy-side traders that are on the platform.

Goldman Sachs Sees Fast Adoption of SIGMA X Hong Kong

6/10/2009
SIGMA X's average daily volume increases 12-fold over the last two months as investors in Hong Kong-listed securities turn to alternative liquidity pools.

Liquidnet Partners with NYSE Euronext for Corporate Access Business

6/8/2009
Liquidnet InfraRed product will seamlessly connect buy-side traders with corporate issuers via NYSE's NYSEnet system.

NYSE Euronext Reports May 2009 Trading Volumes

6/5/2009
European derivatives products ADV go up 28.4 percent, fueled by Blcear OTC volumes from May 2008.

Turquoise Seeks a Third Round of Financing from Backers, according to Bloomberg News

6/4/2009
The European platform expects to turn profitable in early 2010, CEO Eli Lederman told Bloomberg.

Andrew Kalotay Associates to Receive Patent for CLEAN MBS Model

6/4/2009
The approach can calculate 14,000 securities per minute per minute, or 100 times the competition, the company contends.

Fidelity Names Thomas Tesauro to Head Prime Services

6/3/2009
Fidelity targets prime brokerage growth as hedge funds shift away from traditional banks.

Nasdaq Rolls Out Flash Orders to Market Participants As Debate Stirs

6/2/2009
NYSE Euronext Fires Off Letter to SEC As Practice Spreads to Multiple Market Centers

Goldman's SIGMA to Offer Cross-Border Routing for Canadian and US Stocks

6/2/2009
SIGMA inter-listed routing will scan US and Canadian stock trading venues for best prices and factor in real-time FX rates.

JonesTrading Hires International Trading Team; Leverages Fidessa Platform

6/1/2009
Agency broker launches international trading desk in Charleston, South Carolina to service US institutions.

Neonet Deploys CorvilNet 5.1 to Measure Data Latency

6/1/2009
Global DMA broker Neonet points to CorvilNet 5.1's roundtrip data latency measurements and diagnostic tools.