Broker Dealer news from FierceFinanceIT

So which broker dealer has the best technology? Goldman Sachs may be the most common answer, and it would be hard to argue right now. Bloomberg notes using data from Ancerno that the firm ranks No. 1... Read more...

The conventional wisdom as of late has been that the SEC would crack down on so-called naked access or naked sponsored access. The whole idea seemed to fly in the face of reform and market structure... Read more...

Sponsored access, in some ways, has been an even bigger issue than flash orders for much of the year. It may get even more scrutiny now that the flash trades controversy seems to be focusing the... Read more...

On Wall Street, few question the value of trading algorithms. This is in stark contrast to the hand-wringing about this approach to trading elsewhere. Many have recently lamented the herd aspect of... Read more...

"Sponsored access" refers to the growing trend toward broker-dealer exchange or ECN members giving clients--often hedge funds--direct access to that market center. The access can be granted via the... Read more...

What's the hottest broker-dealer-owned dark pools service right now? Most people would say Goldman Sach's Sigma X, whose stature as a trading venue is growing, pushing... Read more...

Advanced Trading reports that dark pool operators are increasingly heeding buy-side demands to put an end to gaming. It's all too possible for a trader to ping systems and execute small orders to... Read more...