Algorithmic Trading Archive

February 27, 2013

New ConvergEx algo targets US pre-market flow

Technology provider ConvergEx has released an algo designed for pre-market trading on US venues, a new strategy that it says will help buy-side traders execute large-sized trades before markets open. read more>

January 15, 2013

SEC rejects Nasdaq's US algo plans

SEC rejects Nasdaq's US algo plans

The Securities and Exchange Commission has prevented Nasdaq OMX from offering benchmark algorithmic strategies, citing competition concerns and the potential for market risk. read more>

January 09, 2013

Instinet improves execution with common algo measures

Buy-side traders can for the first time use and monitor disparate broker algo strategies using normalised parameters after an upgrade of agency broker Instinet's execution management system. read more>

January 07, 2013

ConvergEx retunes algos to target Asia dark pools

Trading technology firm ConvergEx has recalibrated its dark algo suite for Asia-Pacific to help the buy-side better access alternative trading systems and dark liquidity. read more>

December 19, 2012

Buy-side’s FX algo use evolves

Institutional investors are becoming more sophisticated in their use of electronic trading tools for FX, with almost half opting to use algorithms to execute trades in the asset class, new research has indicated read more>

November 29, 2012

New ITG algo offers adaptable approach

New ITG algo offers adaptable approach

Agency broker ITG has released a new algorithm allowing traders to automatically switch between strategies for a single trade according to pre-set parameters. read more>

November 22, 2012

Algo use primed for growth in emerging markets – Credit Suisse

Trading in emerging markets via algorithms is ripe for growth but further adoption of electronic trading practices will depend on changes to trading rules and exchange functionality. read more>

November 19, 2012

The mirage of error-free trading

The increase in algo errors, which have proved they can decimate companies in minutes or seconds, joins fraudulent trading and rogue traders as central drivers in the push for stricter reporting and compliance within trading firms. read more>

November 12, 2012

No market abuse in HFT methods, says study

No market abuse in HFT methods, says study

A leading capital markets expert insists he has found proof high-frequency trading does not manipulate markets. In fact, more HFT could equal less market abuse. read more>

November 07, 2012

Japanese BCNs in the ascendency… for now

Japanese BCNs in the ascendency… for now

Broker crossing networks such as Credit Suisse’s Crossfinder and other alternative dark venues are gaining traction in Japan, although future technological improvements on the Tokyo Stock Exchange and potential regulatory restrictions may provide challenges down the road. read more>