Insights
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MiFID II: The Buy-Side Transparency Challenge
MiFID II is going to boost transparency in financial markets and improve and broaden best execution standards for the buy side, but not everyone is prepared to handle all the data. While MIFID II standards go into force as of January 3, 2017, buy side market participants have suggested there is not enough time to prepare for the technology changes.
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Buy-Side FX Shifts in Evolving Market Structure
By Ivy Schmerken, Editorial Director As electronic trading grows on the buy-side and top dealers retreat from sharing market color, exchanges are snapping up FX trading venues. In July, Deutsche Borse said it will buy …
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Portfolio Trading – Plotting Your Optimization
Big index funds and mutual funds that trade passively are popular these days, but moving large positions without incurring market impact can be challenging. Pension funds and index funds that periodically rebalance their portfolios once …
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Tick Pilot – The Road Forward
By Ivy Schmerken, Editorial Director Trading in securities of some small cap companies will change next May when the industry is scheduled to implement the tick-size pilot widening spreads for more than 1,000 stocks. But …
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Liquidity and Fixed Income Trading — Trends to Keep in Mind (Part 2)
By Ivy Schmerken, Editorial Director Electronic bond trading is in the spotlight as traders and investors focus on a potential liquidity crunch in the U.S. corporate bond market, setting the stage for an influx of …
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Liquidity and Fixed Income Trading — Trends to Keep in Mind (Part 1)
By Ivy Schmerken, Editorial Director While media headlines have obsessed over a lack of liquidity in corporate bonds, some market experts appear to be more nervous about U.S. Treasuries, which is the largest and most …
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ETF Trading and Order Management
With an eye on new revenue opportunities, sell-side firms are launching trading desks for exchange traded funds, a global market that has close to $3 trillion in assets under management. Investors have been pouring money …
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Advanced Trading Analytics: A Look at TradeMap Execution Strategy Designer
When a buy-side trader turns on the execution management system in the morning, the blotter could have a large number of orders clamoring for attention. Determining a path for each order can be time consuming. …
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Spoofing and the Flash Crash – Six Things You Need to Know
By Ivy Schmerken, Editorial Director Charges against a UK futures trader accused of manipulating the U.S. futures markets has ignited debate on whether “spoofing” was a contributing factor in the 2010 Flash Crash in U.S. …