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.

Penson Financial Services Taps Conybear as Director Of Operations

6/30/2010
Conybear will head up operations for Penson's clearing, settlement and execution services subsidiary in London.

Market Data Message Rates Hit New Record

6/30/2010
The Exegy Ticker Plant driving the MarketDataPeaks.com web site hit over 3.2 million messages per second on June 29th, surpassing 2.8 million mps reached during the May 6th flash crash.

Liquidnet Won Second U.S. Patent on Trading System; ITG Dismissed Counterclaim

6/29/2010
In April, ITG voluntarily dismissed its counterclaim against Liquidnet for tortious interference with prospective business relations, according to Liquidnet.

New Pecking Order in Derivatives?

6/29/2010
Exchanges and clearinghouses could win big under the new derivatives regs, but large banks and brokers that own FCMs will play a role in the pecking order.

Bulltick Capital Joins Fidessa Connectivity Network in Latin America

6/29/2010
Top dealer in ADRs will use Fidessa's network to provide trade and execution services in Latin American region.

Alphacet and Knight Capital Integrate Workflow for Pairs Trading

6/28/2010
Allows hedge funds to create, test and deploy large algorithmic pairs trading strategies.

SIFMA Comments On End of House-Senate Conference on Financial Reform

6/25/2010
SIFMA President cites key provisions, including systemic risk regulator, resolution authority and fiduciary standard for retail investors, but warns of "profound effect" on cost structure of financial services firms.

Broadridge Offers New Connectivity to Swift's Accord for Securities Matching

6/24/2010
Prime brokers and executing brokers use Swift Accord for matching of equity and fixed income trades from global hedge fund community.

J.P. Morgan Named Custodian for Nasdaq OMX Derivatives Markets

6/23/2010
J.P. Morgan to provide collateral management agency services for the cash and securities that firms use to collateralize derivatives transactions.

Jefferies and Instinet Select OneMarketData

6/23/2010
Firms leverage an integrated platform for tick data, analytics and complex event processing without requiring disparate systems.

Sophis Launches VALUE As Hosted Solution

6/21/2010
Selects Options IT to power the new offering within its Options PIPE Momentum managed hosting service.

First Wilshire Securities Management Went Live With INDATA iPM

6/21/2010
Utilizes the platform for its portfolio management, trading and compliance needs.

Mapleridge Capital Choses OneMarketData's CEP Engine

6/21/2010
Integrates real-time and historical market data to support quantitative strategy development.

Tradar Unveils Insight 4.0

6/21/2010
New version includes order routing via FIX to execution platforms as well as compliance functionality.

FIA Principal Traders Group Hires Overdahl As Spokeman

6/17/2010
An arm of the Futures Industry Association, taps Overdahl, former chief economist with SEC and CFTC, to articulate the role of principal traders to policy makers and the public.

Credit Suisse Launches Onyx Algorithmic Trading Platform for Fixed Income

6/15/2010
Clients will have electronic access to trade cash US Treasuries directly with Credit Suisse's market making desk in fixed income.

First Quadrant Deploys Portware for Global FX Trading

6/15/2010
The money manager cited Portware's FX liquidity aggregation features and integration with Traiana Harmony's network for post-trade processing.

NYSE Euronext Outsources Billing to Firm58

6/15/2010
Sets up online self-service billing facility for NYSE Euronext's U.S. equities and options members to check daily balances, historical data and trade-by-trade detail.

G Capital Chooses Alphacet for Quant Strategy Development

6/14/2010
Global macro hedge fund will use Alphacet Discovery's graphical user interface and real-time interactive dashboard to monitor strategies.

UNX Integrates Credit Suisse AES Algos into Catalyst EMS

6/14/2010
Credit Suisse cites speed and ease of deployment of algos into UNX's EMS with ability to add broker customizable content and updetes.

Thomson Reuters Releases High Frequency Trading Poll

6/11/2010
Seventy-Five percent of respondents said HFT is sub-second, up from 61 percent last year.

Bank Pay Under Scrutiny As FinReg Nears Final Phase

6/10/2010
With lawmakers hammering out the final phase of financial reform impacting the nation's major banks, executive compensation is back in the headlines.

CalPERS Crunches FX Data to Search for Alpha in Electronic Trading

6/10/2010
With high-frequency trading firms changing foreign exchange market dynamics, CalPERS is studying tick data to develop active, intraday currency strategies.

FinAnalytica Unveils New Version of Cognity

6/10/2010
Integrates positions, exposures and returns through a single view of risk measurement.

Penson GHCO Launches Global Execution Desk for Managed Futures

6/9/2010
Introducing broker Colagrossi Futures plans to utilize the desk for global execution and managed futures.

Markit Acquires Wall Street On Demand

6/9/2010
Deal enables Markit to utilize Wall Street On Demand's web site hosting, design, development and reporting tools.

Omega ATS Launches New Matching Engine ThymeX

6/8/2010
Boosts performance of order executions in micro-seconds for ATS, making Omega ATS one of the lowest latency trading venues in Canada.

JonesTrading Hires Industry Veteran Tuthill for Capital Markets Group

6/7/2010
Tuthill's will spearhead efforts to provide liquidity to the corporate and private equity communitiies seeking alternatives to the traditional model.

Morgan Stanley Goes Live with Traiana's Real-Time FX Margin System

6/3/2010
With growth in the prime brokerage and retail FX space, sell-side firms are seeking scalable, real-time margin platforms across FX and futures.

SmartPool Announces Record Volume Growth in May

6/2/2010
European dark pool created by NYSE Euronext said it's now the third largest dark MTF offering in Europe overall.

Baird Hires Todd Lombra for Healthcare Trading Team

6/1/2010
Joins Baird's principal trading desk in Stamford office, from prior role at UBS Investment Bank, where he was head of healthcare trading pod.

Hyundai Securities Contracts with Sophis and Koscom

6/1/2010

ALGO Technologies Launches Low Latency Data Service

6/1/2010
ALGO DATA offers raw, normalized and consolidated market data feeds from all major European and US equities trading venues.