Profile of Phil Albinus

Contributing Editor Member Since: 5/8/2014
Author
Blog Posts: 440
Posts: 2

Phil Albinus is the former editor-in-chief of Advanced Trading. He has nearly two decades of journalism experience and has been covering financial technology and regulation for nine years. Before joining Advanced Trading, he served as editor of Waters, a monthly trade journal that analyzed the challenges of the CIO for sell side, buy side firms and exchanges. He has moderated countless briefings, webinars and industry panels. He has a Bachelor of Arts in English from the State University of New York at New Paltz and lives with his wife and three children in Ossining, NY. Follow him in Twitter at @philalbinus

Wait Before Using That New Algo

8/24/2012
When it comes to using new trading algorithms, the buy side resembles kids standing around the deep end of the pool. No one wants to be the first to jump in.

The Risk and Transparency Tango

8/20/2012
Today's traders are not plagued with worries about flash crashes, macroeconomics or monthly jobs reports; instead, they are focused on riding the ups and downs of the trading day to maximize their portfolios and best serve their clients.

UBS Unveils Hedge Fund Service: 'UBS Quant HQ'

8/20/2012
The Swiss bank will offer technology, prime brokerage and risk tools to quantitative hedge funds.

GOLD BOOK 2012: Heavy Focus on Algorithms, Less Cloud Technology Exploration

8/20/2012
Despite the challenges buy-side traders face, this year's group of Quant Gold Book honorees have the drive and intelligence to reach their targets.

QUANT GOLD BOOK 2012: EDAC Trading's David Allen Is Wired for Success

8/16/2012
EDAC Trading’s David Allen says he considers the new fund management firm ultra-practical and sensible in strategy design, heavily algorithmic in execution and data-dependent in R&D. He talks to Advanced Trading about EDAC’s use of technology to support decision making.

QUANT GOLD BOOK 2012: AJO Partners' Douglas Dixon Takes on the World

8/16/2012
Douglas D. Dixon, principal and trader at AJO Partners, explains why AJO is eyeing emerging markets over the next year and why the firm isn't ready to store its tick data in the cloud just yet.

Corzine's Way: Lose a Billion, Start a Fund

8/16/2012
In the ash heap of MF Global, the disgraced CEO not only might not go to jail, he just might start his own hedge fund.

After Knight Capital's Failed Gambit, Algo Trading Needs a Moat

8/10/2012

Knight Capital's Bad Week In Tweets

8/10/2012
Last week one of the most respected and tech-savvy investment firms unleashed a new trading algorithm that went, in a word, haywire. The news was as bad as it was unbelievable: At one point the market maker owned $7 billion in unwanted stock. Traders inside Knight Capital had to scramble to undo the damage as managers sought emergency financing to cover the resulting losses of $440 million after 45-minutes of out-of-control trading. Advanced Trading has gathered the most pointed and revealing po

Knight Capital's Surprise $7 Billion Bounty

8/9/2012
After its new trading algo went rogue, the market maker held a jaw-dropping $7 billion in stocks - and had to unload almost half or they would collapse.

TMX Group Offers Equity Pre-Trade Risk

8/9/2012
Clients of the Toronto Stock Exchange operator now have new tools that keep a close eye on risk.

After Knight's Fall, Does Your Broker Have a Kill Switch?

8/8/2012
After a trading algorithm executed by Knight Capital went rogue and lost the market-maker roughly $400 million in a single trading day, buy side traders need to know if their broker-dealers can stop a runaway trade. Advanced Trading spoke with Michael Chin, CEO of financial services firm Mantara, which offers a kill switch for brokers and the sell side to stop trades that start to misbehave.