Profile of Cristina McEachern Gibbs
Blog Posts: 656
Articles by Cristina McEachern Gibbs
6/8/2010
BTIG, a New York-based broker-dealer, held its 8th annual Commissions for Charity Day earlier this month. The event raised more than $4 million for donation to over 100 children's charities across the country. Celebrities including Michael J. Fox, Matt Dillon, John McEnroe, Joe Girardi, Reggie Jackson and Nick Swisher were on hand to help answer phones and support their chosen charities.
5/28/2010
5/27/2010
The CME has appointed Craig Mohan to oversee its new co-location and data center business aimed at the high-frequency trading market.
5/26/2010
Connectivity provider Transaction Network Services (TNS) and EZX, a trading software provider, have announced a partnership to create a low-latency FX market data and trading aggregation service.
5/25/2010
Fidessa group has opened a new hub in Singapore to supplement its existing presence in the Asia Pacific region in Hong Kong and Tokyo.
5/24/2010
Six firms have launched an initiative to improve transparency in post-trade over-the-counter equity markets by reporting the volumes of cash equity trades crossed in their automated crossing systems through a service provided by Markit.
5/21/2010
ConvergEx Group has entered into a strategic alliance with the Marwood Group, a healthcare advisory and financial services firm.
5/20/2010
Continuing to build out its algorithmic trading offering, Jefferies has launched a suite of algorithms for trading on exchanges in Greece and South Africa.
5/19/2010
In response to the May 6 “flash crash,” the SEC is publishing proposed circuit breaker rules to pause trading in certain stocks if the price moves 10 percent or more in a five minute period.
5/19/2010
Burgundy has applied for authorization from the Swedish Financial Supervisory Authority to operate a regulated market as an exchange for listing and trading warrants, certificates, exchange traded funds (ETFs) and structured products.
5/18/2010
This past semester students in the Masters in Mathematical Finance program at the Boston University School of Management were offered a unique course that takes algorithmic trading to the next level.
5/18/2010
Knight Capital Group and Houlihan Lokey have formed a joint marketing alliance to provide investment banking, capital markets and sales and trading services to their clients.
5/17/2010
5/14/2010
With Goldman Sachs in the hot seat and regulators intensifying the push for financial reform, it's only a matter of time before big changes hit the Street.
5/14/2010
The Securities and Exchange Commission has named Gerald Hodgkins associate director of the Division of Enforcement. Hodgkins will assist the Commission in the planning and direction of enforcement efforts.
5/13/2010
GlobeOp Financial Services has selected S&P Valuation and Risk Strategies for its independent valuations on a range of fixed income securities.
5/12/2010
RealTick has expanded its relationship with Jefferies & Company to include execution of U.S. equity Paris trades as well as international equities with new algorithms from Jefferies.
5/12/2010
smartTrade Technologies has released its LiquidityDistributor to help firms customize and create matrices for the distribution of market data and prices.
5/10/2010
Robert Barnes has been named chief executive offices of UBS’ new multilateral trading facility (MTF) – UBS MTF.
5/10/2010
Daiwa Capital Markets America has gone live with Fidessa’s hosted U.S. trading platform for its U.S. trading operations.
5/7/2010
The Securities and Exchange Commission and the Commodity Futures Trading Commission issued a joint statement saying they were working closely with other financial regulators and exchanges to review, “the unusual trading activity “ that took place on May 6, 2010.
5/6/2010
Nomura will launch its NomuraCross (NX) dark pool in Hong Kong at the end of May after recently receiving approval for an ATS license by the Securities and Futures Commission (SFC).
5/5/2010
The complete renovation of the New York Stock Exchange’s trading floor is under way as the market aims to reposition itself and offer traders space and tools to access all markets.
5/5/2010
Buy-side firms, broker-dealers and vendors are getting behind a new Financial Information eXchange protocol for deploying algorithms faster and more cost effectively.
5/5/2010
Portware has released a major update to its Portware Enterprise 5.0 trade management and execution platform
4/30/2010
The Boston Options Exchange Group (BOX) will launch its new high-capacity operations platform on May 10.
4/29/2010
TriOptima has posted the first public reports for the OTC derivatives interest rate swap market on the Global OTC Derivatives Interest Rate Trade Reporting Repository (IR TRR) Web page.
4/29/2010
A new report by Woodbine Associates, finds that high-frequency trading in general has improved execution quality and reduced volatility, enabling the more traditional investment trader to benefit from reduced execution costs and increased alpha preservation.
4/28/2010
4/28/2010
Fidessa has appointed Dan Smalley as head of enterprise business development in the U.S.
4/27/2010
Pragma Securities has released its Adaptive Overlays suite of controls for enhanced customization and control over trading algorithmic strategies in various market conditions.
4/22/2010
Linedata Services' LongView trade order management system (OMS) now offers touch screen trading functionality.
4/22/2010
Nomura Securities International has released SmartSeek, a new tactical trading algorithm for trading in both lit and dark markets.
4/21/2010
RealTick has expanded its options functionality with advanced execution capabilities and tools for trading in European, Asian and U.S. markets.
4/20/2010
UBS will connect to Chi-X Global Technology's MarketPrizm pan-European trading infrastructure in support of the firm’s Direct Execution ultra-low latency market access and co-location services.
4/20/2010
In an effort to boost trading and data speeds, Thomson Reuters has launched its new Elektron next generation aggregated data network.
4/19/2010
Nomura has enhanced its Asia-Pacific algorithmic trading platform with several new execution strategies and has also co-located its TactEx strategy for Japan on the Tokyo Stock Exchange (TSE).
4/15/2010
Real Time Systems Group (RTS) is now offering clients high performance connectivity to the Tokyo Commodity Exchange (TOCOM).
4/15/2010
Wesley Clover Solutions, a provider of IP voice communications platforms for trading firms has upgraded its virtualized trading platform portfolio.
4/14/2010
Algo Technologies Limited and FibreSpan have launched AlgoSpan Limited to offer a network linking U.S. and European exchanges with traders.
4/14/2010
ConvergEx Group has completed its integration of NorthPoint Trading Partners boutique prime brokerage business and will offer a new Integrated Prime Services model.
4/13/2010
Primary Trading Solutions has received authorization and technical certification from Rofex, an Argentinean futures exchange, to provide its DMA platforms to brokers.
4/12/2010
Trading Technologies and BM&FBovespa have entered into a partnership to provide direct access to BM&FBovespa’s multi-asset class platform via Trading Technologies’ X_Trader platform.
4/12/2010
The RealTick execution management system (EMS) platform has added Goldman Sachs’ global futures and options execution services.
4/9/2010
Pricing Partners will provide independent revaluations to OFI Asset Management for its interest rates, credit and equity structured products.
4/8/2010
NYSE Technologies and Universal Telecom (Unitelco) have launched the first real-time market data delivery service to Brazil with NYSE Technologies’ SuperFeed.
4/8/2010
Fidessa has upgraded its interface between the Minerva OEMS, part of its LatentZero products suite, and the Omgeo Central Trade Manager (Omgeo CTM).
4/7/2010
4/6/2010
Tradeweb has completed links to major clearinghouses for the clearing of OTC derivatives trades on its platform.
4/6/2010
Liquidnet has selected Solace Systems’ Unified Messaging Platform as a key component of its liquidity matching service.
4/6/2010
Charles River has expanded its regional presence in Sao Paulo, Brazil with local, multi-lingual employees providing implementation, consulting and support services for regional clients and prospects.
4/1/2010
After eighteen months of research, design and testing, Citi has launched its next generation algorithmic trading platform with new execution logic and customization options.
3/31/2010
ITG has launched its new Posit Marketplace dark pool in Asia to trade Hong Kong equities.
3/31/2010
Mitsubishi UFJ Financial Group (MUFG) and Morgan Stanley have announced plans to integrated their securities operations in Japan.
3/30/2010
Northern Trust consolidated its trading operations in time to weather the financial crisis and streamline the trading process.
3/30/2010
J.P. Morgan Asset Management has built an Execution Optimizer, or EO, that will further automate the trade workflow by utilizing TCA and portfolio manager profiling to generate and execute on strategies.
3/30/2010
Buy-side firms aren't waiting for the next big thing to lift the industry. They're undertaking large-scale projects to improve the trading desk and emerge from these trying times more efficient than ever.
3/30/2010
3/30/2010
LocateStock’s Matador real-time stock locate platform is now available through ConvergEx Group’s Eze order management system (OMS).
3/29/2010
ITG Canada has become the first broker in North America to go live with the Omgeo Central Trade Manager (Omgeo CTM).
3/25/2010
Nomura Securities International has named several new senior leaders for its program trading team to support the expansion of its U.S. capabilities and the build out of its global portfolio trading offerings.
3/24/2010
3/23/2010
RealTick has added Nomura’s latest U.S. equity trading products to its execution management system (EMS) platform.
3/22/2010
Syntel announced it would begin providing independent pricing services to its buy- and sell-side clients using Numerix’s cross-asset pricing and risk analytics technology.
3/18/2010
RealTick has added expanded access to Knight Capital’s algorithms and liquidity through Knight Direct.
3/18/2010
Eurex Clearing has launched its new Enhanced Risk Solution, a real-time risk data distribution service for risk management and margining data to its trading and clearing members.
3/17/2010
Jefferies has launched a new suite of algorithms for the U.S., Canadian and European markets offering a number of features to address price volatility and liquidity in fragmented and less visible market environments.
3/16/2010
Following the proliferation of multi-asset trading systems, the buy side is beginning to put cross-asset algos to work for more complex trades and hedges.
3/16/2010
Clive Triance has been appointed chief executive officer of Penson Financial Services, Penson Worldwide’s London-based clearing and execution services subsidiary.
3/15/2010
A new algorithmic trading book by Barry Johnson recently hit the shelves. "Algorithmic Trading and DMA: an Introduction to Direct Access Trading Strategies," offers a detailed guide to the theory and practice of trade execution through algorithms and DMA access.
"The book should serve as a guide for anyone in the buy or sell-side who is interested in execution or trading strategies," explains Johnson. "It works from the ground up, introducing all the relevant concepts. For the more experienced
3/15/2010
Hirander Misra, former COO of Chi-X Europe, has joined Algo Technologies, which is launching to deliver trading technology solutions focused on algorithmic trading, execution market data services.
3/12/2010
BM&FBovespa, the Brazilian securities, commodities and futures exchange, has authorized SunGard as a provider of direct market access (DMA) for its BM&F derivatives markets.
3/11/2010
Users of ConvergEx Group’s Eze OMS will now have integrated access to LiquidPoint’s options execution and routing technologies directly from the OMS blotter.
3/10/2010
Barclays Capital has become the latest investor in the Bids Trading ATS for the U.S. equity block trading markets.
3/9/2010
Bats Europe has selected QuantHouse to supply it with real-time market data feeds from other European trading venues.
3/4/2010
Bloomberg Tradebook has launched a new set of options algorithms based on volatility, delta and the bid-ask spread.
3/3/2010
SuperDerivatives has selected Fitch Solutions’ CDS Pricing Service to strengthen its existing credit derivatives valuation solutions.
3/2/2010
ConvergEx Group has launched a trade messenger system to aggregate the firm’s high-touch order flow and boost real natural indications of interest (IOIs).
3/1/2010
Ancerno has launched a Web-enabled version of its Trade Compass pre-trade analytics product.
2/26/2010
Pershing has introduced its Nexus Execution Services, a new multi-asset execution service for private clients.
2/25/2010
Bloomberg Tradebook has launched its new MTRX algorithm for risk-based spread trading in futures markets.
2/24/2010
Dow Jones and Revere Data have teamed up to provide traders with an enhanced news source for analyzing and identifying trading, investing and hedging opportunities.
2/23/2010
Knight Capital Group is expanding its options capabilities for institutional clients with the hiring of a new sales and trading team.
2/22/2010
Instinet continues to grow its Australian brokerage subsidiary with the addition of four staff members to support its trading efforts.
2/19/2010
SuperDerivatives has hired Mikael Benguigui to head up its equity derivatives sales team.
2/18/2010
2/17/2010
UNX has added five major brokerage firms to its trading connectivity network: Girard Securities, Goldman Sachs Electronic Trading (GSET), Mizuho Securities USA, Rosenblatt Securities and UBS Investment Bank.
2/16/2010
List Group, the electronic trading software provider behind 15 European electronic markets, has launched its Brain3 (B3) advanced CEP and algorithmic trading engine.
2/16/2010
ConvergEx Group has launched its Abraxas tactical trading algorithm, which utilizes a proprietary multi-dimensional sensitivity profile to exploit dark liquidity, favorable price movements and volatility changes.
2/11/2010
Pricing Partners has opened a new regional office in Singapore to provide distribution of its products and services suite across Asia.
2/10/2010
2/10/2010
GlobalRisk has introduced a new tablet PC-based option pricing and analysis platform for market makers.
2/10/2010
ING has been appointed collateral manager for three collateralized loan obligations (CLOs) previously managed by Avenue Capital Management.
2/10/2010
2/10/2010
Antoine Shagoury has been appointed chief information officer (CIO) of the London Stock Exchange (LSE).
2/9/2010
Thomson Reuters has acquired Aegisoft, a provider of electronic trading and testing tools, in an effort to increase its direct market access (DMA) capabilities.
2/8/2010
Merrill Lynch Japan Securities has introduced a third-party hosted service for ultra-low latency electronic trading.
2/5/2010
Currensee, a Forex trading social network, has announced a relationship with Thomson Reuters IFR Markets.
2/4/2010
An internal memo from Michael Bird, head of Broadcort and Global Commission Management at Bank of America Merrill Lynch, announced several senior management changes in the firm’s Broadcort and Global Commission Management groups.
2/4/2010
According to the latest Tabb Group benchmark study, the needs of the buy side have changed following the financial crisis and their number one goal going forward is to re-build assets and performance records.