Industry News

ATS Brasil Files for Launch

Wed, 19 Jun 2013 19:15:03 GMT

Americas Trading System Brasil (ATS Brasil), a joint-venture between Americas Trading Group (ATG) and NYSE Euronext, has formally made an authorization request with the Securities and Exchange Commission (CVM) in Brazil to launch as a new stock exchange in the Brazilian...

Low Latency Doesn?t Equate with Best Execution

Wed, 19 Jun 2013 19:13:58 GMT

With all the din about high-frequency trading, it?s easy to lose sight of the fact that for the vast majority of asset managers and traders, low latency is not nearly as important as ensuring they are getting their orders completed within a certain time....

Australia Relaxes High-Frequency Trading Proposal

Wed, 19 Jun 2013 19:13:19 GMT

Australia has relaxed a proposed rule on high-frequency trading that would have imposed a minimum resting period for orders, following a consultation with market participants....

Chicago Trading in Focus

Wed, 19 Jun 2013 19:13:05 GMT

Ground-breakers in trading technology convened in Chicago June 13 to debate pressing topics such as low latency across asset classes, the latest microwave developments, the future of cloud computing in the financial sector, ?big data?, high-speed connectivity, risk,...

Financial Transaction Tax in Focus

Wed, 19 Jun 2013 17:56:10 GMT

The financial-transaction tax, reviled by market participants, isn?t going away. That?s the view of GBST, an Australian-based provider of software and services to the financial sector....

CBOE to Revise Variance-Futures Pricing

Wed, 19 Jun 2013 17:55:53 GMT

The CBOE Futures Exchange is revising its method of pricing S&P 500 variance futures. The change, which the Chicago-based exchange company said is in response to requests from market participants including hedge funds, large proprietary traders and institutions,...

FIX Migrates to Post-Trade

Wed, 19 Jun 2013 17:55:25 GMT

The FIX protocol, which is now embedded within most pre-trade instructions, is being used for post-trade messages as well.Both buy and sell side firms have been working to implement new guidelines for implementing FIX in post-trade....

TradeTheNews.com US Market Update: All Fed, All Day Long

Wed, 19 Jun 2013 15:01:26 GMT

***Economic Data*** - (PT) Portugal May Producer Prices M/M: -0.2% v -0.3% prior; Y/Y: 0.8% v 0.5% prior - (US) MBA Mortgage Applications w/e Jun 1th: -3.3% v +5.0% prior - (PL) Poland May Sold Industrial Output M/M: -0.7% v -0.2%e; Y/Y: -1.8% v -1....

U.S. Inflation Data Points to Firming Economy

Wed, 19 Jun 2013 12:05:58 GMT

U.S. inflation showed signs of stabilizing in May after a long decline, a potential comfort to Federal Reserve policymakers who want to avoid any chance of a debilitating bout of deflation.

TradeTheNews.com EU Market Update: Risk appetite/aversion sentiment hinges on FOMC economic outlook

Wed, 19 Jun 2013 09:49:52 GMT

***Notes/Observations*** - Japan exports rise at fastest rate in 2 years; May Trade deficit was narrower than expected, and both imports and exports registered double-digit y/y gain - Worries over the health of the Chinese financial system continue to simmer; Moody's...