Broker Dealer news from FierceFinanceIT
NewsThe best technology on the Street
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 end of naked sponsored access
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...
Goldman Sachs and sponsored access
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...
Demand strong for new "aggressive" algorithms
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...
What to do about sponsored access?
"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...
Dark pool universe continues to morph
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...
Gaming emerges as big dark pool issue
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...
| Press ReleasesING Prime Rate Trust Announces Intended Redemption of Auction-Rate Preferred SharesNEW YORK, Sept. 3 /PRNewswire/ -- ING Prime Rate Trust, a diversified closed-end management investment company listed on the New York Stock Exchange (NYSE: PPR), has announced today its intention to Read more >> BNY Mellon Broker-Dealer Services Appoints John Vinci and Andrew Demko to New Senior Management PostsNEW YORK, Aug. 31 /PRNewswire-FirstCall/ -- BNY Mellon Broker-Dealer Services has appointed John Vinci as its head of Global Product Management and Strategy and Andrew Demko as Business Manager for Read more >> Investment Advisor Reveals 2010 Broker/Dealers of the YearIn 20th Annual Balloting, Independent Contractor Representatives Choose Prospera, Geneos, The Capital Financial Group/H.Beck, and Cambridge as Tops in Their ClassDENVER, Aug. 26 /PRNewswire/ -- Read more >> Investment Professionals, Inc. Adds Two Fixed Income HiresFocus on RIAs in Ongoing ExpansionSAN ANTONIO, Aug. 26 /PRNewswire/ -- Leading bank broker-dealer Investment Professionals, Inc. (IPI) today announced the hiring of James "Tony" Beigel as a Fixed Read more >> ISI Group Signs Sponsor Agreement with BIDS TradingNEW YORK--(BUSINESS WIRE)-- ISI Group and BIDS Trading, an alternative trading system (ATS) designed to increase competition and liquidity in the U.S. equity block trading market, are pleased to Read more >> |
