Algorithmic Trading news from FierceFinanceIT

At first glance, high-frequency trading seems like the most elusive and mysterious of Wall Street's newest strategies--that's probably the reason it's been deemed the scariest. High-frequency traders... Read more...

Are we in for more of this? The SEC has levied a fine, albeit small, on Credit Suisse "for poorly supervising the development and execution of an algorithm that clogged the exchange's order... Read more...

We all know the patent situation in the corporate world has gotten a bit out of hand. When you have companies that exist for no other reason than to prosecute others for patent infringement,... Read more...

Not so long ago, the greatest assets of software companies were said to be their developers. If they were to walk out the door, there goes the real value--the crown jewels. But the industry made... Read more...

The idea of being able to trade across multiple asset classes is something that has been discussed for a while. Now we're seeing the likes of UBS, Goldman Sachs and Credit Suisse developing these... Read more...

Even after the market carnage in 2008, buy-side firms were loathe to part with their algorithms. The view was that they didn't want to end up on the wrong side of technology. The attitude was almost... Read more...

We've noted before that more firms are exploring ways to incorporate real-time news into their algorithms. Thomson Reuters has recently expanded its machine-readable news offering to include unique... Read more...

It's not news that hedge funds have moved to automate trading in many ways, via smart order and algorithmic technologies. It's a good bet that quantitative trading methods in general will garner lots... Read more...

If there's one academic who has ridden the whole quantitative boom on Wall Street to fame and fortune, its Andrew Lo, professor and head of the MIT Sloan School of Management's Laboratory for... Read more...

Trading is a game where every minute counts. On September 30th, as Waters recounts, the price of Google shares plunged 10 percent in just five minutes, which lit a fire under many a trader. The... Read more...