Should Barclays succeed in overturning a complaint by New York Attorney General Eric Schneiderman, it will represent the first time that any financial institution has counteracted the Martin Act and thus could set a precedent for dark pool operators and high frequency traders
Read moreDespite government-level disdain for high frequency trading, based on a sample of 100 stocks from nine EU countries in May 2013, a report by ESMA finds that HFT activity ranges from 24% to 43% of equity value traded, using alternative methodologies.
Read more"Fixnetix is happy to support 7Hedge in continually driving innovation in the FX marketplace. Our robust, low latency global network provides the perfect highway to connect market participants further," said Hugh Hughes, Chairman and CEO of Fixnetix.
Read moreTrader allegedly used in 17 different CME Group markets and three different markets on the London-based ICE Futures Europe exchange, including gold, soybean meal, soybean oil, high-grade copper, Euro FX and Pounds FX currency futures, to implement his fraudulent strategy
Read moreRecent scrutiny on price accuracy of consolidated feeds as opposed to direct feeds has amplified the importance of true price information as Redline extends support to Windows Server to gain mainstream presence
Read moreBloomberg claims that alternative Forex ECN ParFX was approached by banks asking if its technology could be applied to other asset classes. Interesting article today on Bloomberg we'd like to make our readers aware of, on the trouble big players in the currency markets have been having with high frequency trading -- which make up 30-35%…
Read more30 to 35 percent of transactions on EBS, an electronic trading FX platform owned by ICAP Plc, are high-frequency driven A piece by Bloomberg today examines the shift of HFT strategies from the equities market into currencies. Fundamentals still drive the market over the short and long runs, though not quite in the minute to…
Read moreFX liquidity aggregator FXOne and a binary options platform have already tested the company’s offering Last April a team of 11 engineers, alongside with Jacob Loveless have parted with their former employer Cantor Fitzgerald to form a new enterprise – Lucera. The team was responsible for the high-frequency trading division at the private investment bank…
Read moreA nice month for EBS, after a slowdown in March. ICAP's Forex ECN unit EBS reported April FX trading volumes at $128.3 billion (average daily volume for the month), up 7% from March and up 17% from last year April. After two strong months to start the year, things slowed down at EBS in March,…
Read moreEBS's move is meant to remove advantages enjoyed by high-speed, high-frequency traders. The Forex ECN wars are officially on! Just a few days after we reported the launch of Tradition's new Forex ECN called ParFX, comes word that ICAP's EBS is making a major change to the way it handles incoming orders. The change --…
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