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.

Capital Markets Outlook 2013: QA Testers and Kill Switches Wanted

10/31/2012
The SEC is ramping up its rules for managing the technology risk of computerized trading on stock exchanges, including a kill switch to stop runaway algorithms.

Orc Integrates Ultra FGPA-Based Market Data Feeds from NovaSparks

10/29/2012
Market makers can increase the profitability of their strategies by shifting to more consistent, high-speed feeds, contends Orc's CTO.

Can Brokers Level the Playing Field As Exchange Operators?

10/26/2012
Credit Suisse reportedly has a plan to turn one of its trading venues into a stock exchange, which points to a budding rivalry between brokers and for-profit exchanges.

Did the Ouster of Pandit Violate Securities Laws?

10/26/2012
The news that Vikram Pandit's voluntary resignation as chief executive was really a boardroom ouster could trigger regulatory scrutiny.

OMS-EMS Retool as Clients Face New Regs

10/25/2012
In the face of lower volumes, OMS and EMS are seizing opportunities as buy side clients need to upgrade their systems to comply with complex regulations and trade new asset classes electronically.

The Buy Side Wrestles with the OMS-EMS Dilemma

10/24/2012
In the midst of a bad economy and lower trading volumes, the buy side balances the need to cut costs and consolidate OMS and EMS platforms, while chasing the best integrated solution.

As Small Broker Business Model Fails, Wall Street Access Bucks the Trend

10/23/2012
Wall Street Access brings on a team of 12 veteran traders from Rodman & Renshaw LLC, which exited the brokerage business last month.

Wall Street Access Hires Ex- Rodman & Renshaw Trading Team

10/22/2012
The global equities trading team migrated to Wall Street Access where they will expand the firm's offering to include market making.

As Black Monday Turns 25, Risk of Similar Crash Persists

10/19/2012
The speed and connectedness of today's buyers and sellers is so much faster, that if a crash occurred, it could be more devastating.

Eladian Closure an Ominous Sign for High-Frequency Trading

10/17/2012
The firm appeared to want to expand into other asset classes but was brought down by the drastic slowdown in equities trading volume.

SS&C Technologies Launches Service for Post-Trade Activities

10/16/2012
GoTrade+ is a middle office service that supports post-trade activities of complex traded transactions including bilateral and cleared OTC derivatives.

Equity Derivatives trading Volumes Move to Electronic Platforms — Study

10/16/2012
The percentage of North American futures volume traded electronically soared to 48 percent in 2011-2012, up from 38 percent the prior year, according to Greenwich Assoc. equity derivatives study.

As HFT Profits Slump, the Hot Trend Loses Some Luster

10/15/2012
High frequency trading firms are contracting, as profits are down 35 percent from last year, leading some to reduce staff or close altogether.

Would Traders Want OMS/EMS Access on an iPhone?

10/12/2012
Mobile apps for iphones and tablets are starting to emerge in the OMS/EMS space, so that buy side traders can place a trade, rebalance a portfolio or check compliance.

Would Traders Want OMS/EMS Access on an iPhone?

10/12/2012
Mobile apps for iphones and tablets are starting to emerge in the OMS/EMS space, so that buy side traders can place a trade, rebalance a portfolio or check compliance.

trueEX Signs Clearing Deal with CME Clearing

10/11/2012
As a designated contract market or DCM, trueEX will offer electronic trading in standardized global interest rate swaps, and clear through CME Clearing.

OTC Derivatives Clearing Raises Challenges for Collateral Management

10/10/2012
A new report by Woodbine Assoc. analyzes the impact of Dodd-Frank/Basel II regulations on collateral management and increased margin requirements, while offering an in-depth analysis of vendor systems.

Can Industry Collaboration on a Kill Switch at the Exchange Level Help Prevent Technology Glitches?

10/9/2012
At the Securities and Exchange Commission roundtable, industry experts discussed the need for developing and testing large scale deployments to prevent electronic trading errors, but they also suggested designing a kill switch may be the best method for preventing another mishap.

Hedge Funds Cut Trading Desk Budgets —Study

10/8/2012
With a prolonged slump in trading activity, 44 percent of hedge funds responding to a Greenwich Research study said 2012 trading desk budgets were reduced from 2011.

Are Wall Street Firms Looking to Third-Party Data Centers To Take Advantage of Efficient Cloud Computing?

10/8/2012
In addition to cost savings, third-party data centers offer financial firms an increasing menu of infrastructure services, which can even help create competitive advantage. But security and compliance concerns will likely keep many financial organizations from soaring in the public cloud.

Change Comes to OMS/EMS Space Amid Weak Trading Volumes

10/5/2012
Asset managers are wrestling with technology costs and are looking for ways to "rationalize" their expenses for order management and execution management systems.

Another Dark Pool Scandal Erupts Over Information Sharing

10/4/2012
The SEC's settlement with dark pool operator eBX over charges that Level ATS shared confidential client information with a third-party technology provider, raises trust issues for money managers.

Outdated Portfolio Accounting Systems Stifle Growth — Poll

10/3/2012
Buy side executives responding to a SimCorp poll feel that their portfolio accounting systems may not support the launch of new products or major asset classes.

Citi Launches New Dark Pool Defying Latency Race

10/1/2012
The bank launched Citi Cross, which it says is the first dark pool to offer buy and sell-side clients a more equitable allocation, not based on their queue position.