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.
Articles by Ivy Schmerken
posted in January 2008
1/30/2008
The International Securities Exchange (ISE) and Eurex, the derivatives marketplace owned by Deutsche Borse, will jointly develop a new options trading system for the ISE. The ISE previously said it would stay on the OMX trading platform despite its merger with Eurex
1/29/2008
Fidessa LatentZero's partnership with Pipeline Trading Systems LLC will give buy-side traders the ability to match up large block trading opportunities in Pipeline ATS with orders on their blotter without risking information leakage.
1/29/2008
Brad Bailey, senior analyst at Aite Group, is moving to Knight Capital Group as a director in the business corporate development area.
1/29/2008
Toronto-based First Coverage is adding quote feeds from global exchanges to its Web-based software, allowing the buy-side to further quantify the value of trading ideas and other research they are getting from the sell-side.
1/28/2008
Turquoise, the high-profile multilateral trading system (MTF) in Europe founded by nine investment banks to compete with the London Stock Exchange and other traditional exchanges, has hired Progress Software and Detica to develop a market surveillance system.
1/25/2008
Chicago-based OptionsHouse rolled out the results of its first annual survey and it found that 91 percent of options traders are men and that 57 percent are between the ages of 45 and 54 years of age.
1/24/2008
With volatility back in the stock market, institutional investors are routing orders with a vengeance and boosting the volumes at some of the newer equity trading venues. Here's an update on the volume records that occurred this week.
1/23/2008
Hedge fund administrator Columbus Avenue Consulting, LLC, selected the Super Derivatives Credit derivatives platform, SD-CD, to price its hedge fund clients' portfolios of credit default swaps.
The decision points to a growing demand for independent valuation sources, as hedge fund portfolios are hedging or placing bets on the fixed-income market using credit default swaps or indexes.
1/22/2008
The jittery behavior of institutional investors and hedge funds could be good for alternative trading systems (ATSs) judging from the recent highs in dark pools. Two of the dark pools, Liquidnet and Pipeline, announced record high volumes last week.
1/22/2008
With all of the resources spent on giving traders an edge, asset managers are benchmarking their trading capabilities to learn how they stack up.
1/18/2008
By acquiring Amex, NYSE Euronext will add a second U.S. options exchange license to its quiver and beef up its market share in U.S. equity options, exchange traded funds (ETFs) and structured products.
1/17/2008
Brokers are giving savvy retail FX traders access to algorithms, and the buy side is benefiting from the boost in liquidity.
1/16/2008
Aqua, a new alternative trading system that is trying to solve the block liquidity problem for the buy side and mid-tier brokers, has joined Tradeware Global Corp.'s FIXLink, global connectivity network.
1/15/2008
Larry Tabb, founder and CEO of TABB Group, doesn't see the acquisition of Wombat as a response to Nasdaq acquiring OMX. "I don't see it as a counterpart to that. I think it gives them another acquisition and it's certainly another feather in Duncan's cap, but it doesn't really help them combat or parry OMX."
1/15/2008
NYSE Euronext has agreed to pay $200 million in cash to acquire Wombat Financial Software, a leader in low-latency trading, data messaging and market data management solutions.
1/9/2008
Lime Brokerage has acquired a minority stake in CBOE Stock Exchange, a subsidiary of the Chicago Board Options Exchange (CBOE).
1/8/2008
Deutsche Bank and JPMorgan have each invested in BATS Trading, operator of BATS ECN, acquiring a minority stake in the fast growing alternative market center in U.S. equity securities.
1/3/2008
HSBC is implementing a liquidity management system to automate trading in fixed income and interest rate swaps against internal order flows.