Tag:

liquidity

Latest Headlines

Latest Headlines

Maker taker model still generates controversy

The maker-taker pricing model that has captured the cash equities market has generated controversy in step with the rise of high-frequency trading. In particular, the rebate capture strategies that...

NYSE Euronext aims for retail order flow with sub-penny pricing

NYSE Euronext is making another big play for more retail order flow, offering up some interesting twists with plenty of room for debate. The exchange seems bent on fighting fire with fire. In

Transaction tax back into spotlight

Much to the chagrin of high-frequency traders, the idea of a transaction tax on stock trades has surfaced again, though few think such a tax will ever be levied. The Occupy Wall Street movement

Jefferies' wild ride reflects "who's next" skittishness

It's a hair-trigger environment out there in the wake of the demise of MF Global. People are wondering who's next, and the spotlight unfortunately fell on Jefferies this week. The stock tanked 20

Goldman Sachs, Morgan Stanley not likely to ditch holding company status

Recall that at the height of the financial crisis, Goldman Sachs and Morgan Stanley converted to bank holding companies, in part to gain access to Federal Reserve liquidity programs that helped them

Market structure issues have retail investors leery of stock market

The conventional wisdom since the financial crisis of 2008 and 2009 has been that retail investors are staying out of the equity markets in part because they no longer trust that it is giving them a

Delta One desks, ETFs and the UBS fiasco

Both Kweku Adoboli, the UBS trader who was arrested for his role in the latest European rogue trading scandal, and before him Jérôme Kerviel, the Société

Bank of America is high-frequency trading stock of choice

Over on FierceFinanceIT, we've been discussing the notion that Bank of America was a good candidate to become the next gravy-train stock when it comes to high-frequency trading. Given the sinking

High-frequency trading battle continues

The surge in volume we've seen lately has been good news for high-frequency traders, thrusting them back into the spotlight and perhaps into the black. The surge in volume has led to another round in

Dark pools and retail investors, big synergies

It was big news when HSBC announced it would open up a planned dark pool in Hong Kong to retail investors as well as institutions. Some greeted the news as a sign that the trading technologies that