broker dealers news from FierceFinanceIT

The need for speed is acute on Wall Street. A great symbol of that is the opening of the Mahwah, N.J., facility the NYSE Euronext just launched. Beyond the top exchanges, the sell-side is in... Read more...

The ranks of U.S. stock markets keep getting more crowded. Along with the NYSE, Nasdaq and BATS, two new markets are now fully approved--Direct Edge's EDGA and EDGX equity markets. The... Read more...

A huge trading technology transition looms at Citigroup (NYSE: C). Early next month, the bank will transition its trading customers to a new platform designed to lift it into the savviest ranks of... Read more...

In the wake of the SEC's (SEC news) proposed rule that would essentially ban naked access, the debate about the practice has heated up. Many in the industry remain dead set against the practice and... Read more...

Recall that the SEC has taken up the issue of dark pools and specifically the widespread practice of using indications of interest (IOIs) as a service to customers. The agency has come forth with two... Read more...

Educators and pundits have been bemoaning the lack of science and engineering talent coming from U.S. colleges for years now. But a new study from researchers at Rutgers and Georgetown, noted by IT... Read more...

There's a lot of angst over high frequency trading these days. But Wall Street has little doubt that the movement is here to stay. An obvious indicator of that is the stepped-up hiring of people with... Read more...

Here's a novel marketing technique for hedge fund vendors: Give away your product, or at least a light version of it. Cogent Consulting's new HedgeTrak Lite offering allows hedge funds to get a grip... Read more...

About 22 percent of all share volume is done off the main exchanges; this volume includes dark pool volume. Such services have, of course, grown dramatically over the past few years. But the growth... Read more...

So what's the best way to build trading volume on a fledgling platform? The best method, it would appear, is to give broker dealers some skin in the game, that is, giving them an opportunity to... Read more...