Tag Archives: ICE

High Speed Traders Exploit Loophole of CME Computer System

High-speed traders are using a hidden facet of the Chicago Mercantile Exchange’s CME -1.13% computer system to trade on the direction of the futures market before other investors get the same information. Using powerful computers, high-speed traders are trying to … Continue reading

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U.S. Regulators Investigating if High-frequency Traders are Distorting Stock and Futures Markets: ‘Wash Trades’

According to The Wall Street Journal’s Scott Patterson, Jenny Strasburg and Jamila Trindle, U.S. regulators are investigating whether high-frequency traders are routinely distorting stock and futures markets by illegally acting as buyer and seller in the same transactions, according to … Continue reading

Posted in Breaking News, CFTC, CME Group, Equity Markets, High Frequency Trading, knight capital, SEC, The Wall Street Journal | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Democrats Tom Harkin and Peter DeFazio Pushing Taxes on Stock Transactions: Cure-All for High Frequency Trading?

According to FOX Business, fueled by momentum in Europe, some U.S. lawmakers are looking to introduce a tax on stock transactions in an effort to discourage computerized trading that tends to increase volatility in the markets. It’s a move Democrats … Continue reading

Posted in Financial Instruments Directive, High Frequency Trading, London Stock Exchange, Practitioners, Regulatory Updates, SEC | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | 1 Comment

Knowledge@Wharton on High-speed Trading: Is It Time to Apply the Brakes?

How fast is high-frequency stock trading? In the time it takes to read this sentence, tens of thousands of high-speed, computer-automated transactions can occur. Winning traders edge out rivals by intervals measured in nanoseconds. Fans of the practice say that high-frequency … Continue reading

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Nasdaq and ICE Tighten Vise on NYSE, Taking their Bid to Shareholders, but Questions Remain

As reported by Reuters’ Jonathan Spicer and Paritosh Bansal, Nasdaq OMX Group and IntercontinentalExchange Inc. will take their takeover bid for NYSE Euronext straight to the Big Board’s shareholders as they try to corner the company into talks. Nasdaq and … Continue reading

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