Will Knight rescue also save HFT reputations?
Knight Capital took a blow to its finances and reputation in August, but the US broker might boost the market standing of the high-frequency firm that wins the battle to acquire it.
Knight Capital took a blow to its finances and reputation in August, but the US broker might boost the market standing of the high-frequency firm that wins the battle to acquire it.
The voices of the Buy-side were heard and lauded in Hong Kong last week at the inaugural Trade Asia Electronic Trading Awards.
Access to fragmented bond market liquidity is high on the buy-side’s agenda, as brokers retreat and a new electronic trading landscape for fixed income emerges, according to new research.
Buy-side firms are reverting to traditional sales traders to help them trade blocks, as algorithms and dark pools fail to deliver performance in a low-liquidity environment.
Singapore-based brokerage CIMB Securities will use technology provider Fidessa as part of a further push into key Asian markets.
How to ‘futurise’ swaps may not be the only lesson that the energy markets have for OTC derivatives market participants, according to US clearers attending last week’s Mondo Visione Exchange Forum in London.
Washington won’t now witness the wholesale transformation a Mitt Romney Republican administration would have triggered. So by winning a second term, how much change will a second Barack Obama Democratic administration bring to the Beltway machines of financial regulation?
US institutional investors are concerned about the market quality implications of growing off-exchange trading volumes, but are unclear on how much of their own trades are executed in the dark, according to TABB Group.
New UK-based sell-side block trading venue Squawker has signed a deal for its technology infrastructure to be hosted and managed by BT Radianz Services, a unit of global telecoms provider BT.
Agency broker Bloomberg Tradebook has appointed Tom Kingsley as its Asia-Pacific head of Execution Consulting Services, in a move that bolsters its consulting offering in the region.