FierceFinanceFierceFinanceITFierceComplianceIT   FierceCIO
Syndicate content

Brokerage news from FierceFinanceIT

News

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...

Solutions to sponsored access problem?

We've noted that the combination of high frequency trading and sponsored access--in particular, naked access--could prove to be a volatile mix. If rogue trades or mistaken trades enter the system en... 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...

Online banking and brokerage model changes

Around the world, it is becoming clear that the online banking and brokerage model might be in need of an interface uplift. In Australia, for example, Telestra has called for banks to upgrade their... Read more...

A different look at high-frequency trading

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...

Progress on corporate actions processing?

If you've ever worked in a brokerage, you know that corporate actions are the bane of the operations staff. Handling all those mind-numbing mergers, splits, rights offerings and whatnot has long been... Read more...

High frequency traders in FINRA spotlight?

We've noted recently that high-frequency brokerages, a group of little known firms such as Lime Brokerage, have become an increasingly important source of liquidity in the stock markets. That has led... Read more...

Nasdaq grapples with sponsored access

We've noted that high-frequency firms have really shaken up the industry, leading to a host of new issues; one of which is sponsored access. A crop of brokerages that cater to algorithmic-type hedge... Read more...

POSIT shoots for lunch-time cross

The sleepiest time of the day for the markets might be lunchtime. That's when people are scarfing down food or reading the paper, and for some block traders, it's the time of the day with the least... Read more...

Fidelity gets a boost by automating report production

Fidelity Investments, the fund and brokerage giant, holds workplace retirement funds for 14 million people. Despite the company's mind-boggling size, it wants to support customers with customized... Read more...