Trading & Execution Archive

Knight Capital, a US brokerage, has appointed a new head for its Knight Direct algorithmic trading unit to replace outgoing managing director Joe Wald. read more>

A white paper published by US agency brokerage JonesTrading has launched a scathing attack on the evolution of equity market structure, claiming new pricing models have eroded investor confidence over the past two decades. read more>

Traditional investors in the US may be responding to the latest developments in high-frequency trading by changing their trading strategies, new data has shown. read more>

UBS has launched Quant HQ as a new service for quantitative trading firms. The new offering uses solutions from the Swiss bank’s Prime Services and Direct Execution units. read more>

US market participants believe new regulation to reduce the fragmentation of equity markets would minimise the types of technology glitches that have occurred this year. read more>

Japan’s financial watchdog and central bank have implored the Commodity Futures Trading Commission to hold off for at least a year on applying cross-border OTC derivatives regulations for fears of international overlap and conflict.  read more>

JonesTrading, a US based agency brokerage firm, has signed an agreement with Conifer Group, a provider of middle and back-office services to the asset management industry, to acquire its Conifer Securities subsidiary. read more>

Following the temporary suspension of Knight Capital Americas' market making activities from NYSE Euronext after a US$440 million software glitch, the exchange will return the broker’s responsibilities Monday 13 August. read more>

US agency brokerage JonesTrading has hired Marcus Martin as head of international and GEM-ex trading as it seeks to expand its business globally. read more>

UBS will seek legal action against Nasdaq OMX after revealing a CHF 349 million (US$350 million) quarterly loss in its US equities business that was mainly driven by the botched Facebook IPO. read more>