Trading & Execution Archive

Knight Capital Group has said that software glitches it encountered yesterday at the open of trading have led to pre-tax losses of US$440 million. read more>

The liquidity provided by high-frequency traders in highly liquid stocks may be costing institutional investors more than they think, according to new research from US-based trading technology firm Pragma. read more>

Agency broker ITG has added an overlay to its Hedge Pro algorithmic strategy which lets users better manage portfolio risk. read more>

NYSE Liffe US, the futures exchanges operated by NYSE Euronext, last week traded US$100 billion worth of futures based on a new index it claims could be a strong alternative for LIBOR. read more>

As the original date for Volcker rule compliance passes, further clarity is still needed over the looming regulatory landscape Dodd-Frank is finally poised to create two years on from drafting. read more>

An investigation into alleged misappropriation of customer funds at US-based futures commission merchant Peregrine Financial Group (PFG) serves to highlight the need for stronger regulatory oversight and greater whistleblower protection, according to Jordan Thomas, partner and chair of the whistleblower representation practice at law firm Labaton Sucharow. read more>

The approval this week by the Commodity Futures Trading Commission and Securities Exchange Commission of swap product definitions and clearing exemption rules will trigger a landslide of Dodd-Frank rules on reporting, clearing, trading and record-keeping to come into effect. read more>

Dark pools both in Europe and the US have lost market share in recent months due to high volatility, according to a new report by agency broker Rosenblatt Securities. read more>

US regulator the Commodity Futures Trading Commission will give foreign banks the ability to avoid the overseas reach of pending American swaps regulation. read more>

Deutsche Bank Autobahn Equity has released a new algo lets buy-siders efficiently and effectively seek liquidity in the closing auction of US markets. read more>