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.

Judge Dismisses Liquidnet Patent Infringement Lawsuit Against ITG

12/23/2010
ITG maintained that Liquidnet's '834 patent was invalid and obtained by inequitable conduct due to failure to disclose the Harborside system.

2011 to be a Defining Moment for Swap Execution Facilities

12/22/2010
Industry players are jockeying for position to compete as Swap Execution Facilities (SEFs). But regulators are still writing the rules.

CFTC Appoints "Flash Crash" Expert As Chief Economist

12/22/2010
The top U.S. futures regulator has tapped Dr. Andrei Kirilenko to advise it on dealing with high frequency and algorithmic trading.

Bonus Blues: Meet the Zeros

12/22/2010
To boost profits and curb the risk-taking, some Wall Street firms are giving nothing but zeros to mid level traders and back-office staff.

Voltaire Inks Software Licensing Deal with IBM

12/22/2010
The provider of scale-out computing fabrics for data centers stands to earn $17 million in licensing frees through 2012 from the IBM contract.

Brady plc to Acquire Viz Risk Management

12/21/2010
The deal will make Brady the largest European-provider of trading and risk solutions to the global commodity and European energy markets, the company says.

DTCC Launches Enhanced Cost Basis Reporting Service

12/20/2010
The service acts as a central communications hub for transmitting cost basis information among broker/dealers, transfer agents, issuers, mutual funds and custodian banks.

UNX Partners With Liquidnet On New Block Trading Integration

12/16/2010
Liquidnet is working with UNX's Catalyst EMS to create more real-time interaction with its block liquidity.

ConvergEx Agrees to Acquire RealTick from Barclays Capital

12/16/2010
With EMS consolidation on the horizon, ConvergEx snatches up RealTick and looks to expand its multi-broker network globally.

Wedbush Securities Launches Colocated Execution Service For The Buy-Side

12/16/2010
The colocated platform is designed to put the buy side on a level playing field with high frequency trading shops.

The Connors Group Releases The Machine Lite

12/15/2010
The Machine Lite allows investment advisors to build customized portfolios of multiple strategies, including ETF strategies.

Gain Capital's IPO Raises $81 Million In Gross Proceeds

12/15/2010
The online foreign exchange platform operator offered 9 million of common stock to the public today at $9 per share.

ELX Futures Partners with Advantage Futures for FCM Services

12/15/2010
ELX inks new FCM relationship to boost its reputation as a competitive alternative in electronic futures trading.

Nomura and Instinet Enter into Liquidity Agreement For Hong Kong

12/14/2010
Nomura is now receiving orders from Instinet that go directly into crossing network NX in Hong Kong.

ITG Acquires ESP's Settlement Aggregation Software

12/14/2010
With acquisition, ITG boosts its offering of single ticket clearing for institutions doing algorithmic trading across multiple venues.

Barclays Capital Names Bill White Head of Equities Electronic Trading

12/13/2010
White was tapped for his success in growing Barclays Capital's DMM business on the NYSE as well as in building option trading platforms.

FXall Releases New 4.0 FX Trading Platform

12/13/2010
The new 4.0 integrates sophisticated functionality and liquidity with acquisition of Citi's LavaFX.

Itau BBA Securites Goes Live With SunGard Valdi OMS

12/13/2010
Brazilian broker will tap SunGard 's Valdi, Valdi OMS, Liquidity Services and GL Selector to manage execution, trading and risk from a single platform.

Thomson Reuters Hires Robert Hegarty and Tim Lind

12/10/2010
The financial data powerhouse taps the former DTCC and Omgeo executives for senior roles in its enterprise division.

Tabb Report Says New Algos for Buy Side Need to Adopt HFT Techniques

12/9/2010
The buy side should look to algorithmic providers that mimic high frequency traders, according to Tabb analyst Cheyenne Morgan, report's author.

GETCO Hires Edward Boyle

12/9/2010
The global market maker hires veteran options industry executive to focus on its relationships with exchanges, trading platforms and business development.

Barclays Capital Launches Automated Limit Order Functionality On Fixed Income Platform

12/9/2010
The fully automated limit-order service allows clients to buy or sell government bonds or interest rate swaps when a certain price is reached in the market.

Thomson Reuters Hires Robert Hegarty

12/8/2010
Hegarty left DTCC to take a new position as TR's global head of market structure and to oversee Elektron, the firm's financial markets ecosystem.

Buy Side Firms Face Scrutiny in Expert Network Probe

12/7/2010
Expert research networks are being accused of passing non-public material information to hedge funds and mutual fund companies.

Code Red Rolls Out iPad App and Mobile Web App for PDAs

12/7/2010
Buy-side subscribers to its RedAlerts research product can view, access and enter research on their investments and ideas from anywhere.

CQG Colocates Servers at NYSE Liffe's Basildon Data Center

12/7/2010
Proximity to NYSE Liffe system in Basedon, gives ultra-low latency traders an edge in spread trading, contends CQG.

Will Regulators Aim to Slow Down High-Frequency Trading in 2011?

12/6/2010
Since the Flash Crash on May 6, high-frequency traders face a raft of potential new rules, including market maker obligations, taxes on canceled orders and even colocation restrictions.

Henderson Global Investors Chooses Bloomberg for TCA

12/2/2010
As a broker-neutral platform, Bloomberg is helping the buy side to analyze the performance of their traders, brokers and their algos.

StatPro Signs Multi-Year Contracts With Customers

12/2/2010
Clients including TCW, State Street Global Advisors and Pimco chose a variety of StatPro's products related to its financial analytics platform and evaluated pricing service.

MarkitSERV Provides Gateway for Central Clearing Via SGX and CME Clearing

12/1/2010
Offers connectivity to each of the six major CCPs currently accepting OTC derivatives trades.

SunGard Launches Hosted Version of Front Arena

12/1/2010
Lowers infrastructure costs for hedge funds and asset managers facing constraints on infrastructure and IT budgets.