Algorithmic trading has picked up steam in the corporate bond market as fixed income trading desks appear to follow the playbook of equities.
A FINRA working paper has raised concerns about broker order routing to affiliated alternative trading systems (ATSs), shedding light on order routing decisions and potential conflicts that can impact execution quality. Can a higher level of scrutiny by regulators be on the way?
Amid all the fire and fury of the battle over costs, there are signs that buy-and sell-side firms have shifted some of their execution needs for data over to consolidated market data feeds.
With volatility spiking in global stock and bond markets, there’s been a profound shift in market psychology from chasing higher yields to focusing on risk in the credit markets. FlexTrade’s Ivy Schmerken investigates.
Banks and investment firms have increased their consumption of alternative data sets, but there are still challenges around selecting the most relevant data for trading purposes, according to panelists at a recent industry fintech conference.
Asset managers are looking for ways to mine alternative data sets for investment ideas, recognizing that stock pickers cannot rely on traditional research.