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.

BATS Gets SEC's Nod for U.S. Primary Listings

8/31/2011
Plans to launch an alternative place for I.P.O.s to the NYSE and Nasdaq, starting this December.

Northern Trust Names New CTO

8/30/2011
Scott Murray joins Northern Trust from JPMorgan Chase as part of a restructuring of Operations & Technology.

MICEX Launches Low Latency Market Data Service

8/30/2011
Clients will obtain real time trading data — including exchange indices, the 10 best bids/offers, as well as market statistics — as a multicast stream.

Raymond James Chooses Rapid Addition

8/30/2011
The broker is using Rapid Addition's FIX technology to extend Microsoft's BizTalk middleware for TRACE reporting of mortgage-backed and asset-backed securities to FINRA.

DTCC Confirms Normal Operations

8/29/2011
Despite the impact of Hurricane Irene on the east coast, DTCC said deadlines for clearing fund, settlement and other processes will be as usual, except for certificate-based services.

NYSE Gears Up for Hurricane Irene

8/26/2011
With hurricane Irene threatening to strike New York City on Sunday, the U.S. stock exchange has contingency plans, but still plans to open on Monday.

Facing Commission Squeeze, Traders Decrease Electronic Trading

8/25/2011
In a setback for electronic trading, buy-side firms are increasing their use of high-touch sales traders in order to pay their research bills.

Reacting to Steve Jobs Departure: An Amazing Ride

8/25/2011
Pundits are speculating on Apples' future under new CEO Tim Cook, and whether Apple can continue the steady stream of hit products.

Insider Trading On Regulators' Radar

8/25/2011
Regulators are on the prowl for suspicious trading. Hedge funds ignore surveillance and monitoring systems at their own peril.

NorthPoint Integates OMS with ICE Link

8/24/2011
Asset managers can automatically send their CDS trades via NorthPoint's OMS to ICE Link for affirmation.

Santiago Stock Exchange Revamps IT for Latin America's Integrated Market

8/24/2011
In a Q&A with Wall Street & Technology, Andres Araya Falcone, CIO of Bolsas de Comercio de Santiago (BCS), explains how Chile's exchange is preparing for low latency trading and surging messaging rates.

ConvergEx Names Head of Asia Pacific Transition Mgt.

8/24/2011
Jim Karelas joined ConvergEx from JP Morgan in Sydney.

UNX Announces Two Buy-Side Clients for Catalyst EMS

8/23/2011
Both asset managers, Everett Capital Management and Bradley & Company, are utilizing Catalyst's custom plug-ins for electronic equities trading.

Mexican Broker Implements FIX Flyer

8/23/2011
Actinver Grupo Financiero is using Fix Flyer's engine for routing client orders to the Bolsa Mexicana de Valores as well as Daytona Monitoring to measure latency of FIX sessions with all counterparties.

Xtrakter Is Reporting Derivatives Data to FSA

8/23/2011
In compliance with MiFID, XTrakter enables clients to use the Alternative Identifier (Aii) for derivatives transactions reported to regulated markets by Nov.13, 2011.

Instinet Sets Trading Record in Asia

8/22/2011
The firm cites uage of its Nighthawk liquidity aggregation algorithm to execute across 17 destinations in Asia.

Hedge Fund Investors Show Signs of Confidence

8/19/2011
Fund administrator GlobeOp reports that its indicator of forward redemption notices is at the lowest point since November 2008.

Fincad Forms Counsel of Advisors

8/19/2011
The counsel will provide the derivatives software company with guidance on corporate strategy, product direction and market positioning.

SEC's Document Disposal Policy in Disarray

8/18/2011
The agency was illegally destroying files and documents pertaining to preliminary investigations of notorious characters such as Bernard Madoff and Wall Street firms.

Goldman Sachs Launches Sigma X Canada

8/18/2011
Offering a broad set of liquidity in Toronto Stock Exchange listed securities, Sigma X is based on GSET's matching technology.

Omega ATS Displays Free Quotes on Canadian Bonds

8/17/2011
Shining the light on an opaque Canadian fixed income market, Omega displayed the real-time prices on its web site — after some vendors declined to add its symbology.

RTS Acquires First Futures Software in India

8/17/2011
Plans to open a data center in Mumbai to offer hosting services and ultra-low latency connectivity for firms trading on multiple Indian exchanges.

One Chicago Certifies FFastFill for DMA

8/16/2011
The exchange will allow FFastFill clients to execute orders through an SaSS-based trading platform.

Did Buy-Side Bond Trader Steal Secrets?

8/16/2011
Jeffrey Gundlach, a well known bond trader, is confronting his former employer TCW over allegations that he stole data and fixed income trading software.

Low Latency Fiber Between NYSE and BATS Gets Faster

8/16/2011
Speeds up the pathway connecting two of the largest equity exchanges in the New Jersey-New York corridor.

BondDesk Names Kim Bang as CEO

8/16/2011
Hires the former CEO of Bloomberg Tradebook to drive technological change in the retail fixed-income space.

TCA Grows Outside of Equity Trading Desk —Greenwich Assoc. study

8/15/2011
While 70 percent of active equity investors in the study employ TCA, about 25 percent deploy TCA in fixed income as well as foreign exchange.

FX Fifty-Five Chooses FlexTrade's Maxx Trader

8/15/2011
The FX markets execution venue picked the white-label ASP trading system, rather than build a trading platform inhouse.

Fidelity Expands Support to HP TouchPad

8/15/2011
Fidelity Labs develops first of its kind app for HP tablet users to access free market data.

Risk Institute Denounces Short Selling Bans in Europe

8/12/2011
EDHEC-Risk Institute warns that curtailing short selling in Belgium, France, Italy and Spain can be disruptive to markets and have spillover effects.

We All Need to Vent: Aerial Protest of S&P

8/11/2011
A woman stock broker hires a plane to fly over S&P's building to protest the downgrade of U.S. debt. Politicians fly off to Hamptons and Vineyard.

Canada's Scotiabank Chooses CGI's Cloud

8/10/2011
The international bank signed a seven-year agreement to use CGI's managed service for trade finance, replacing multiple legacy applications.