broker dealers news from FierceFinanceIT

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...

We've noted before that winning the trading game on Wall Street depends on your ability to win the technology arms race. You've got to develop faster, more powerful methods constantly, or risk being... 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...

High-frequency trading has gotten a lot of attention lately. We've noted that these new-age brokerages and trading outfits now account for 60 percent of all trading volume. While most broker-dealers... Read more...

Via its purchase of a large stake in Cogent, a group of big-name broker-dealers are aiming to set forth an industry standard when it comes to commission sharing agreements. Cogent's online... Read more...