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.

Why the Industry Is Changing Options Symbology

1/29/2010
The options industry has outgrown five-character options symbols and is converting to a more-descriptive format that will help investors understand the instruments they are trading.

New Options Symbology Phased In

1/29/2010
New options symbology was phased in on Feb. 12, seemingly without any problems. But given the far-reaching nature of the conversion for brokers, exchanges, clearing firms and vendors, some kinks still could arise.

BM&F Bovespa to Switch to New Interface for Mega Bolsa

1/29/2010
Mega Bolsa, the equities trading platform, is switching over to a new communications interface, that performs ten times faster than the current system.

SEC Asks Public Companies to Disclose Climate-Related Risks to Investors

1/29/2010
Faith-based organization, ICCR, warns that compliance with SEC's guidance on climate risks will create "lag time."

Penserra Securities hires Jason Valdez from Rosenblatt Securities

1/28/2010
With the addition of Valdez, Penserra looks to expand its global program trading capabilities.

TheMarkets.com Adds 100 Asian Brokers Contributing Research

1/28/2010
Global research platform now has 700 brokers publishing content, quadrupling the number from one year ago.

Carbon Trading After Copenhagen: What About U.S. Legislation?

1/27/2010
I went to a conference on "Carbon After Copenhagen" that was very interesting and points to an emerging asset class in the U.S.

CQG Adds Nasdaq OMX Nordic Market Data

1/25/2010
Customers can access real-time and historical market data for Nasdaq OMX Nordic derivatives, and trading access is slated for later this year.

SunGard Launches U.K. Broker To Fuel European Expansion

1/25/2010
SunGard Global Execution Services targets sponsored access in European markets, DMA and clearing services to high frequency trading firms.

Thomson Reuters Launches NewsScope Direct for Traders Out of London and Chicago

1/25/2010
Provides market-moving machine readable news to high frequency traders in London and Chicago.

Accounting for Stock Options Requires Comprehensive System, Says OptionEase CEO

1/21/2010
OptionEase CEO Kim Kovacs says on-demand system can help companies comply with complex stock option accounting rules and avoid penalties.

Neonet Will Open Hong Kong Office

1/21/2010
Hong Kong office will strengthen its execution services in the Asian region.

BlockCross ATS Picks FIX Flyer's FIX Engine and Daytona for Monitoring

1/20/2010
Block trading ATS uses FIX Flyer's Daytona to monitor FIX sessions with counterparties in real time.

Is the Bank Tax Unconstitutional?

1/19/2010
Wall Street is getting ready for a legal battle over the proposed bank tax unveiled by President Obama last week and has hired a top litigator who has argued cases before the Supreme Court.

Exegy Offers Low Latency Data from Omega ATS

1/19/2010
The Exegy Ticker Plant has added market data feed handlers to process data from Canada's Omega ATS to attract high frequency traders.

Bloomberg Launches VICON Interface into CDS Clearing Facilities

1/15/2010
Provides first neutral interface that connects buy-and sell-side to two central clearing counterparties for OTC credit derivatives.

The Search for Alpha: Analyzing Unstructured Data

1/14/2010
Researchers and Wall Street firms are analyzing the avalanche of Internet content -- including news feeds, blogs and Twitter posts -- to help improve trading performance.

CME Elevates Ian Wall To Head Enterpise Architecture

1/14/2010
After completing the Nymex Clearport integration for OTC products, Wall was tapped for larger IT role at CME.

Barclays Capital Acquires LaBranche & Co.'s NYSE DMM Business

1/14/2010
Barclays Capital will become the leading NYSE market maker after the acquisition of LaBranche is completed in Q1.

Bank Julius Baer Deploys GFI FENICS Enterprise As Global System

1/13/2010
Swiss bank utilizes GFI FENICS Enterprise for pricing of FX options and analyzing portfolios.

Bonus Backlash: M.I.T. Professor Proposes Windfall Tax

1/12/2010
With Wall Street bonuses back in the headlines, Simon Johnson, a professor at M.I.T.'s Sloan School of Management, says it's wrong for too-big to fail banks to pay out all their profits to employees.

ICE Announced Management Changes in Creditex CDS Business

1/12/2010
ICE elevates Grant Biggars to president and Sophia Corona to COO, while Sunil Hirani and John Grifonnetti depart.

Alpha Capture Systems Measure the Value of Sell-Side Trade Ideas

1/11/2010
To drum up commissions, sell-side sales professionals increasingly are communicating trade ideas to buy-side clients via alpha capture systems such as youDevise's Trade Information Monitor, which provide performance metrics around the trade ideas.

FXall Joins CLS Bank to Mitigate Settlement Risk

1/11/2010
FXall's Settlement Center will automatically recognize CLS-eligible trades and support CLS matching, so that CLS mismatches can be identified.

ITG Hires Duncan Higgins, Fomerly at Turquoise

1/11/2010
Higgins joins ITG as a director within the electronic sales group in Europe.

Flash Orders: Bad for Equities, Good for Options?

1/7/2010
In case you thought the controversy over 'flash trading' that erupted in equities is over, think again. In a video CBOE Executive Vice Chairman Edward Tilly contends the economics of flash trading in options and how this actually benefits the customer.

Charles River Development Releases Version 9.1 of IMS

1/7/2010
New version integrates OMS/ EMS into a single platform, supports high-volume wealth management accounts and unveils performance measurement module.

Sell-Side Equity Technology Gets Smarter in 2010

1/6/2010
Sell-side heads of equity technology are looking to consolidate their data centers into fewer locations, but not give up space, reports Kevin McPartland, senior analyst at Tabb Group in a Youtube video.

Newedge Is First Foreign Broker to Get Korean Futures License

1/6/2010
Newedge to offer all products listed on the Korea Exchange, including equities and derivatives, as of Jan. 4, 2010.

Sucden Financial Selects Brady for Base Metal Options Pricing

1/5/2010
Commodity, futures and options broker will provide clients with ability to price all LME-traded derivatives in real time.

SunGard Deploys Low Latency Market Data Servers for GLNet

1/4/2010
Rolling out in 2010, SunGard's new MDD servers address sharp increases in market data volumes and respond to multi-venue, fragmented liquidity environment.

Citi Sells LavaFX to FXall

1/4/2010
Citi says multi-bank platform is best owned by multi-bank provider.