Algorithmic trading
'Barracuda trading' swims to the fore in Europe
French finance minister Christine Lagarde yesterday told a parliamentary committee that high-frequency trading (HFT) should be regulated "very strictly", and even banned in "exceptional" circumstances.
Second flash crash inevitable
A second flash crash is inevitable while there is no consistency in the rules at exchanges, said delegates at the FX Week Europe congress in London last Tuesday (November 16).
PPP still has legs in the USD/CAD market
Irene Aldridge, quantitative portfolio manager at Able Alpha Trading, and Steven Krawciw, wealth management executive at Credit Suisse in New York, look at the value of PPP in quant strategies
Deutsche Börse preps Asian algo macro news
FRANKFURT – Deutsche Börse is preparing to begin beta testing a version of its AlphaFlash feed of low-latency, machine-readable macroeconomic news for use in algorithmic trading applications, tailored to provide data for Asian markets.
Regulation, Fragmentation and Execution Where to Next for High Frequency FX Trading?
Regulation established in the wake of the financial crisis to promote market integration, together with new norms being considered for high-frequency trading in equity markets, may unnecessarily complicate the FX market, says Chip Lowry, chief operating…
RBC deploys Progress Apama
LONDON – RBC Capital Markets has deployed Progress Apama's FX Aggregation system to support its FX dealing operations, the vendor announced last week (September 8).
CME to launch e-micro gold contracts
CHICAGO - CME Group plans to launch e-micro gold futures on its electronic trading platform CME Globex on October 3, for a trade date of October 4, in response to growing demand for smaller contracts.
Non-banks lead 20% rise in FX turnover
BASEL - The global financial crisis has led to a slowdown in the growth of the foreign exchange markets, with most activity shifting to the investor community from the trade-based flow.
Dodd-Frank prop desk carve-out creates potential restructuring risks
Intellectual property and internal talent could get caught up in bank prop desk divorce
UBS nabs BarCap trio in e-FX
LONDON - UBS has hired an electronic algorithmic trading team from Barclays Capital (BarCap) in London, according to an internal announcement today (July 27).
EBS chases competition with decimalisation launch
NEW YORK - EBS's plans to offer decimalisation at the end of August could lead to a fall in market liquidity, caution traders.
StreamBase Partners with MarketFactory
NEW YORK - StreamBase has partnered with algorithmic FX trading applications vendor MarketFactory to enable hedge funds, banks and proprietary trading firms to speed their ‘time to first trade’ in the spot foreign exchange market.
In Brief, May 31, 2010
Read this week's In Brief to catch up on the latest FX technology news.
Progress releases single-bank portal FX adapter
NEW YORK - Complex event processing (CEP) platform vendor Progress Apama has introduced a suite of single-bank portal adapters for its Apama Capital Markets Framework, which are available today (May 3).
Integral rolls out hosted services
Vendor targets systematic traders
