Tag: program trading

The Chicago Board Options Exchange (CBOE) and the Korea Exchange (KRX) have signed a memorandum of understanding to establish a collaborative business relationship.

The Markets in Financial Instruments Directive (MiFID) has not caused any “evident deterioration” in trade execution performance in Europe’s equity markets, according to a best execution policy

The ability of traders to compare the value provided by the array of US market venues is “limited at best”, according to a new report from research firm Aite Group.

Global investment bank Lehman Brothers has added new products and services to its electronic trading platform in the Asia-Pacific region.

Advanced Financial Applications (AFA), an EMS/OMS trading technology provider, has expanded its asset class coverage to include global equity markets.

Citi announced yesterday that it has promoted Richard Evans to global head of its electronic execution business.

Though the U.S. economy will grow at a below-trend pace in 2007— and the equity markets will remain volatile— stock prices should still end the year higher than they are today

Citi has agreed to buy Automated Trading Desk (ATD), an electronic market making and proprietary trading company, for $680 million in cash and stock.

Piper Jaffray Algorithmic and Program Trading (APT) team adds its most recent algorithm, Hornet to several order management systems (OMS), including Bloomberg, Eze Castle, Charles River, Macgregor, Br

Quant House, the low latency market data feeds, feed handlers and solutions provider for quant traders and low latency-sensitive financial institutions, has announced that it has acquired SmartQuant technology, rebranded QuantFACTORY. SmartQuant's trading strategies development tools enable users to develop, back-test, simulate and execute program trading strategies, the firm says.