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.

SocGen Joins SmartPool

9/30/2010
SmartPool welcomed SocGen as the latest member to join the European dark pool, and set record in September for dark trading of French CAC40 stocks.

UNX Upgrades Catalyst EMS

9/30/2010
Adds support for international equity trading in Europe, Canada and Latin America as well as trade analytics from Goldman Sachs and QSG.

Oracle Capital Selects Options IT to Support Desktop and Mobile Tech

9/30/2010
Infrastructure-as-a-Service (IaaS) model provides on-demand access to email, file storage and PC environment, as well as disaster recovery and business continuity.

Oracle Capital Chooses Options IT

9/29/2010
Hong Kong-based hedge fund selects Options PIPE Core service, which offers full site of office and mobile technology.

Newedge Executes and Clears $2 billion in IRS via Eris Exchange

9/29/2010
Contends private initiatives such as Eris Exchange can create a safer environment for OTC interest-rate swaps transactions and clearing.

INDATA Releases iPM Performance at GIPS Conference

9/29/2010

Philippine Stock Exchange Completes Migration to NYSE Technologies' NSC V900 Trading Platform

9/29/2010
The new trading platform is able to handle larger trading volumes and process trades 10 times faster than previous system.

Equinix Partners with Bloomberg

9/28/2010
Will provide colocation, connectivity and interconnection services for Bloomberg data services and Bloomberg Tradebook.

Quote MTF Commits to Pan-European Harmonized Tick Sizes

9/28/2010
Plans to adopt the same tables as the domestic exchange venues by October 2010.

FSM Labs and Spectracom Deliver Time Accuracy to the Low Nano-Seconds

9/27/2010
Test results prove synchronized time accuracy within 30-40 nanoseconds of GPS time from within the server’s trading applications.

ConvergEx's Cangemi Appointed 2011 STA Chairman

9/27/2010
Industry veteran brings extensive experience and deep understanding of capital markets and market structure issues to STA role.

BofA Merrill Launches Global Futures and Derivatives Clearing Services

9/27/2010

Pipeline Partners with IRC Securities

9/24/2010
Buy-side clients of IRC Securities will be able to generate research credits for independent research by trading through Pipeline's Algorithmic Switching Engine.

Tradeweb Launches Equity Derivatives Platform, Supporting Regulatory Efforts

9/24/2010
Institutional dealer-to-customer marketplace will support electronic trade execution of equity options on all European single stocks and major indices.

S&P's Capital IQ Acquires TheMarkets.com Research and Estimate Models

9/23/2010
The combined companies will deliver a complete investment management research offering to the buy side.

RBC Capital Market' Global Arbitrage Trading Group Picks Thomson Reuters for Risk Aggregation

9/23/2010
The bank's proprietary trading unit will leverage Thomson Reuters' TopOffice to manage all risk exposures across the Global Arbitrage Group strategies on an intraday basis.

WallachBeth Capital Chooses TAG for TCA

9/23/2010
The institutional broker will use TAG's advanced TCA to monitor execution quality in exchange-listed options and ETFs on behalf of clients.

Regulatory Reactions to the Crisis and Moving Forward

9/22/2010
A new era on Wall Street has dawned, including revamped regulations for OTC derivatives and proprietary trading.

Bahrain Financial Exchange Strikes Partnership with RTS Realtime Systems

9/22/2010
RTS will provide high-speed acces to the BFX trading engine through its range of low latency and algorithmic trading solutions.

Quote MTF Is Giving Equity Partnerships To Key Trading Firms

9/22/2010
European MTF continues to rebuff passive flow rebate model to protect against price discrimination.

CBOE Stock Exchange Attracts Retail and Algo Order Flows with New Rebate Program

9/21/2010
CBSX experiences 900 percent growth in volume with inverted "maker-taker" pricing program for 75 most active, low priced stocks.

Eurex Adds First Five Taiwan-Based Member Firms its Network

9/21/2010
Trading volume from Eurex's Asian-based member firms doubled in the first half of 2010, year-on-year.

Stormtech Financial Services Chooses Orc Software for Electronic Trading

9/21/2010
Independent trading firm is utilizing Orc for trading, market connectivity and integration with inhouse systems and back-office functions.

Regulatory Systems: Will Their Steep Cost Outweigh Any Benefits?

9/20/2010
Wall Street is evolving, seeking to reinvent itself following the financial crisis. Apparently, the metamorphosis will include building information systems that provide transparency into hidden balance sheets and create audit trails of high-frequency trading activity - at a cost of billions of dollars.

Proprietary Trading Firms Lure Potential Spin Outs from Big Banks

9/20/2010
The spin off of proprietary trading desks resulting from the Volcker Rule presents an opportunity for independent firms and tech suppliers.

Standard Chartered PLC Picks Solace Systems

9/20/2010
Solace to provide messaging infrastructure for next generation FX trading platform.

Lime Brokerage Launches High-Speed Options Execution Offering

9/20/2010
Provides direct access to eight options venues and reduces latency to low double-digit microseconds.

Tokyo Stock Exchange Chooses NYSE Technologies to Build Futures Trading Platform

9/16/2010
Futures platform will be based on Tdex+ trading platform for options, and futures products will be migrated to low latency platform in fall 2011.

Interactive Data Corp. Names Mason Slaine To Lead the Company

9/16/2010
Slaine brings a background in financial and technology industries to Interactive Data's financial market data and analytics business.

Deutsche Borse Group Supports EC's Proposed Regs for OTC Derivatives

9/16/2010
Agrees with obligation to clear OTC derivatives trades via CCPs and need to establish trade repositories in the EU, but stresses need for harmonization between European initiatives and U.S. Frank-Dodd Act.

Direct Access Partners Acquired EFX Prime Services

9/15/2010
Agency broker looks to grow it global prime services business for hedge funds, with integration of First New York's team and a capital introduction program.

Diverging Opinions Over OMS/EMS Integration

9/14/2010
We have been writing about the debate over integrating the order management and execution management systems for the past five years. And still the issue is unresolved.

Fidessa's Fragmentation Analysis Covers Global Trading Patterns

9/14/2010
Expands Web-based tools to provide free access to stock trading patterns in lit and dark venues across the U.S., Europe and Asia.

JonesTrading Expands Execution Services to Japanese Equities

9/14/2010
Hires Kevin Horgan, formerly of BTIG, to spearhead the international expansion, basing its Asian execution operations out of Hawaii.

SEC Aims for Consistency With Expanded Circuit Breaker and Broken Trade Rules

9/13/2010
The SEC's expansion of circuit breakers to Russell 1000 stocks is the first line of defense against another May 6th "flash crash," says Aite Group's Sang Lee, but it may not prevent another disaster.

Was Cyberwarfare the Cause of the Flash Crash?

9/13/2010
The clues to the causes of the mysterious May 6 flash crash are evidently buried in the trading data, leading to new conspiracy theories about high frequency traders conducting cyberwarfare to clog up the exchanges.

BTIG Hires Emerging Markets Fixed Income Team for London

9/13/2010
As emerging market bonds see steady inflows, BTIG wants to ensure European-based clients have access to a local sales and trading team.

Gain Capital Acquires MG Globa's Retail Forex Business

9/13/2010
Customers are given the option of transferring their forex acounts to Gain's FOREX.com retail platform.

Advent Software Receives U.S. Patent for Tamale Research Management System

9/10/2010
The patent is for a key component of Tamale RMS, which enables investment professionals to find and retrieve research related to specific investment queries or topics.

Jakarta Futures Exchange Went Live with Trayport System for Commodities Trading

9/10/2010
Jakarta Futures Exchange has integrated the Trayport GlobalVision Exchange Trading system with 3i Infotech's surveillance and risk management system.

SuperDerivatives Hires Sean Carnahan to Head Up Commodities and Energy Division

9/8/2010
Cites demand for independent, management and revaluation tools in commodities and derivatives markets.

Trading Cross Connects Expands Technology Staff

9/7/2010
TCX hired Atrey Parikh from Morgan Stanley to support its network infrastructure.

SIX x-clear and LCH.Clearnet Publish Documentation About Interoperability

9/7/2010
The documentation supports transparency and promotes understanding of how the two clearing houses interoperate to serve the London Stock Exchange and SIX Swiss Exchange.

BGC Cantor Offers Fully Electronic Euro Interest Rates Swap Trades

9/3/2010
BGC Trader IRS, which went live on Sept. 1st, is an extension of BGC's proprietary hybrid technology platform.

Copenhagen's Eik Bank Chooses Orc Trading for Proprietary Trading

9/2/2010
The bank will use Orc to support expansion into different assets, citing access to exchanges around the world.

C2 Options Exchange to Launch in Late October

9/1/2010
The new all-electronic exchange will employ a 'maker-taker' fee schedule and a modified price/time matching algorithm for multiply listed options classes.