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.

Hyde Park Global Bets on Adaptive Models to Trade Arbitrage Strategies in Milliseconds

9/30/2009
With no traders, only scientists, Hyde Park Global designs adaptive models to take advantage of short-term price inefficiencies.

Integral Development Corp. Launches TrueFX

9/30/2009
New FX portal will increase transparency and provide retail brokers with direct access to the interbank foreign exchange market.

High-Frequency Trading Shops Play the Colocation Game

9/29/2009
To shave milliseconds off their execution speeds, high-frequency trading firms look to capitalize on colocation strategies and other technologies to get close to exchange matching engines and reduce latency.

Patsystems Licenses Software to Brazilian Broker Flow Corretora

9/29/2009
Patystems will provide Flow with complete a OMS, including direct market access to BM&F, the derivatives market, and risk management.

Kaufman Praises SEC Proposed Ban On Flash Orders, But Seeks Broad Review

9/24/2009
Senator urges regulator to examine high frequency trading, colocation and dark pools, as well as direct market access.

Lighthouse Financial Launches Global Portfolio Trading Platform

9/24/2009
Lighthouse hires team of eight professionals away from JP Morgan Chase, to handle algorithmic executions for buy-side clients.

Peak6 Investments Deploys FlexPTS for Intra-Day Optimization

9/22/2009
FlexTrade tailored FlexPTS for Peak6' s ultra-fast hedging and rebalancing instead of portfolio trade scheduling.

High Frequency Traders Provide Liquidity in Current Rally, Says Author

9/22/2009
Computer-driven, high frequency traders are providing liquidity in the current rally,said author Rishi Narang, in a Wall Street Journal video interview.

Tradar Releases Version 3.2 of Insight Platform

9/22/2009
New version of Tradar's portfolio management and accounting platform improves STP, automates NAV process and includes FIX drop copies.

CME and Citadel Turn CDS Joint Venture into Clearing-Only Service

9/21/2009
CME broadens buy side participation but drops effort to launch electronic trading in credit default swaps.

BATS To Launch Second U.S. Equities Exchange, BYX, by 2010

9/17/2009
BATS plans to file an appliaction with the SEC for a second equity exchange, BYX, which will experiment with different pricing models and innovative technology.

BlackRock To Build Global Trading Platform for Buy-Side Clients

9/16/2009
The move to develop a crossing system makes perfect sense for BlackRock, a buy-side asset manager, known for its securities and portfolio analytics and risk management technology.

Lehman Brothers Holdings Inc. Hires Numerix for Derivatives Valuation Project

9/15/2009
Bankrupt firm hires Numerix to conduct real-time valuations in step toward unwinding LBHI's vast derivatives book.

Mahogany Partners Announces Live Trading with BlockCrossATS

9/15/2009
A consortium of mid-size brokers, Mahogany Partners, is facilitating access to buy-side alternative trading systems.

One Year Later: An Insider's View of Lehman's Collapse

9/14/2009
With the one-year anniversary of the firm's fall on Sep. 15, 2008 approaching, former Lehman Brothers bond trader, Lawrence MacDonald, offers his take on why the firm should not have collapsed.

Exegy Unveils Embedded Edition of Ticker Plant

9/14/2009
With Exegy code running on the customer's machine, high frequency traders can ingest colocated feeds directly into their private trading systems.

SEC Published Direct Edge's Exchange Applications

9/14/2009
Direct Edge said that exchange applications for both EDGA and EDGX are available for public comment on the SEC Web site.

Barclays Capital Takes Minority Equity Stake in Tradeweb

9/11/2009
Barclays Capital is the tenth dealer-owner to take an equity stake in Tradeweb's fixed income and derivatives trading network, majority owned by Thomson Reuters .

Alex Sion Exits Citi; Joins Sapient

9/9/2009
After leaving Citi's myFi financial wellness program, Sion sees Facebook and iPhone as key to reinventing retail financial services.

Oliver Stone Revisits Greed in Wall Street 2

9/9/2009
The Fed will be the focus point of Stone's new movie, Wall Street 2:Money Never Sleeps, a sequel starring Michael Douglas as Gordon Gekko.

Bloomberg Tradebook Modifies Algorithms for Japan's Special Quote Days

9/9/2009
Tradebook adjusted algos so they can participate in SQ Days which coincide with expiration of stock index futures and options and vollume spikes.

Nasdaq OMX Upgrades INET Core Technology

9/9/2009
With the recent migration of Nasdaq OMX PHLX to INET, the company is operating all U.S. markets on INET and will be using it across Europe by year's end.

Chi-Tech Selects FTEN's Risk Controls for Pan-European Trading Service

9/8/2009
Chi-Tech integrates FTEN into MarketPrizm offering to provide risk management as hi-fi trading grows in Europe.

QUOTE MTF Began Trading with 10 French Stocks

9/8/2009
The latest European MTF is promoting a "no-frills business model" with its headquarters in Hungary.

ICE CDS Clearing Houses Reached $2.2 Trillion In Notional Value

9/3/2009
BNP Paribas was approved as thirteenth CDS clearing member of ICE Trust U.S.

EDX London Selects Cinnober’s Scila Surveillance System

9/2/2009
Derivatives exchange chooses turnkey surveillance system from independent provider Cinnober to deploy on the SOLA trading system from TMX Group.

Naked Access Attracts High-Frequency Traders, Gets Regulators' Attention

9/1/2009
Broker-sponsored -- and more specifically, naked -- access to exchanges could pose systemic risk to the financial system, and regulators are taking notice.

Wedbush's Bell On Sponsored Access: Put the Risk Controls Everywhere

9/1/2009
With the practice of sponsored access - and naked access - coming under scrutiny from the SEC, there are several theories emerging as to what are the best ways to manage the risk and compliance of high frequency trading firms.

Derivix Strikes Strategic Alliance with ConvergEx's LiquidPoint

9/1/2009
Options analytics provider will offer institutions access to LiquidPoint's derivatives execution and routing technologies.