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Author
 Cristina McEachern Gibbs

Profile of Cristina McEachern Gibbs

Blog Posts: 656
Articles by Cristina McEachern Gibbs

BTIG Annual Commissions for Charity Day

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.

TNS, EZX Partner for FX Solution

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.

Fidessa Opens Singapore Hub

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.

Six Firms to Publish European Crossing Volumes

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.

SEC Announces Proposed Circuit Breaker Rules

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.

Burgundy Applies for Exchange Status

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.

BU, StreamBase Team Up for Unique Algo Trading Course

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.

Knight, Houlihan Lokey Form Alliance

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.

Controversy Breeds Change

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.

RealTick, Jefferies Expand Algo Capabilities

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.

Barnes Named CEO of UBS MTF

5/10/2010
Robert Barnes has been named chief executive offices of UBS’ new multilateral trading facility (MTF) – UBS MTF.

Investigations Underway into Wall Street Selloff

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.

Nomura to Roll Out Dark Pool in Hong Kong

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).

NYSE's Trading Floor of the Future

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.

A New FIX for Algo Trading

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.

Study: HFT Benefits Traditional Trader

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.

Pragma Launches Adaptive Overlays for Algos

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.

Nomura Releases New Algo

4/22/2010
Nomura Securities International has released SmartSeek, a new tactical trading algorithm for trading in both lit and dark markets.

RealTick Enhances Options Functionality

4/21/2010
RealTick has expanded its options functionality with advanced execution capabilities and tools for trading in European, Asian and U.S. markets.

UBS Connects to MarketPrizm

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.

Nomura Enhances Asia-Pacific Trading

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).

Trading Technologies Connects to BM&FBovespa

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.

Charles River Expands Brazil Presence

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.

Citi Launches Next Gen Algo Platform

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.

J.P. Morgan Asset Management Gives Traders A Break

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.

Nomura Makes Key Program Trading Appointments

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.

Eurex Launches Real-Time Risk Service

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.

Jefferies Releases New Algo Suite

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.

Former Instinet Exec Joins Penson

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.

New Book Delves Into Algo Trading, DMA Strategies

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

Misra Named CEO of Algo Technologies

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.

SunGard to Provide DMA Access to BM&FBovespa

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.

Barclays Invests in Bids

3/10/2010
Barclays Capital has become the latest investor in the Bids Trading ATS for the U.S. equity block trading markets.

Five Major Brokers Added to UNX Trading Network

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.

ConvergEx Launches Tactical Trading Algo

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.

ING Appointed Manager for Three CLOs

2/10/2010
ING has been appointed collateral manager for three collateralized loan obligations (CLOs) previously managed by Avenue Capital Management.

Shagoury Appointed LSE CIO

2/10/2010
Antoine Shagoury has been appointed chief information officer (CIO) of the London Stock Exchange (LSE).

Thomson Reuters Acquires Aegisoft

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.

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