Tag Archives: Nasdaq

Michael Lewis is wrong, says Knightmare on Wall Street’s Edgar Perez: Markets are not any more ‘RIGGED’ than before

According to Edgar Perez, author of Knightmare on Wall Street, The Rise and Fall of Knight Capital and the Biggest Risk for Financial Markets, stock markets are not any more ‘rigged’ than at the beginning of financial trading. He sustains … Continue reading

Posted in Breaking News, Equity Markets, Flash Crash, High Frequency Trading, knight capital, NASDAQ, NYSE, Wall Street, World Exchanges | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

BIOS IT launches ultra-fast server solution for high frequency trading at Low Latency Summit New York

According to SourceWire, BIOS IT, a partner of Super Micro Computer, Inc. (NASDAQ: SMCI), is proud to announce the availability of the next generation of Hyper-Speed Solutions, designed to deliver ultra-fast high performance for high frequency trading and other mission … Continue reading

Posted in Foreign Exchange, High Frequency Trading, high-frequency journalism, Insider Trading, Treasury | Tagged , , , , , , , | Leave a comment

How high-frequency trading took the soul out of my career

In the view of Chicago Tribune Company: It was not subtle. It was not pretty. And yes, it felt mechanical. When the robots came a callin’, it felt like mathematics came and stomped the very soul out of the market. The … Continue reading

Posted in Finance, High Frequency Trading, high-frequency journalism, U.S. Economy, World Economy | Tagged , , , , | Leave a comment

Why Putting a Speed Limit on the Stock Market?

According to The New York News, when Brad Katsuyama was running the U.S. trading desk for the Royal Bank of Canada, his clients would send in orders every day, but every day, when Katsuyama went to buy or sell, something … Continue reading

Posted in Business, Finance, Financial Instruments Directive, High Frequency Trading | Tagged , , , , , , , , , , , , , , , , , | Leave a comment

Unacceptable Options OPRA Trading Halt due to Software Upgrade at NYSE

The trading halt across U.S. options markets on Monday was due to a bug in new software being rolled out, a unit of NYSE Euronext (NYX.N), which operates the system, said on Tuesday, which was reported by Reuters. NYSE said … Continue reading

Posted in Equity Markets, Flash Crash, Market Making, NASDAQ, NYSE, SEC | Tagged , , , , , , , , , , , , , , , , | Leave a comment

MarketWatch: Exchanges Have ‘Homework’ after SEC Meeting on Tech Glitches

According to The Tell’s Sital Patel, the Securities and Exchange Commission is asking stock exchanges to come up with a series of concrete measures to ensure that market systems are of the highest standards and ensure better communications when breakdowns … Continue reading

Posted in Breaking News, Equity Markets, FINRA, Flash Crash, NASDAQ, NYSE, Regulatory Updates, SEC | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

REUTERS: SEC Talks on Nasdaq Failure to Focus on Backing up System

According to Reuters’ Herbert Lash and John McCrank, federal regulators and stock exchange executives are likely to focus on the stock quotes processor behind Nasdaq’s trading halt last month, but a quick resolution of system outages or market weak spots … Continue reading

Posted in Equity Markets, High Frequency Trading, NASDAQ, NYSE, Regulatory Updates, SEC, Wall Street | Tagged , , , , , , , , , , , | Leave a comment

OPEN LETTER to SEC Chairman Mary Jo White: Maintaining the Standing of the U.S. as the World’s Most Sophisticated Financial and Trading Market

Dear chairman Mary Jo White, As informed by NASDAQ after the August 22 incident, price quotes were not being disseminated by the Securities Information Processor (SIP) for three hours. There was a connectivity issue, which led to degradation in the … Continue reading

Posted in CFTC, Equity Markets, FINRA, High Frequency Trading, knight capital, NASDAQ, NYSE, Regulatory Updates, SEC, Wall Street | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

On Heels of Recent Outage, NASDAQ Suffers Another Knightmare on Wall Street

The Wall Street Journal’s Jacob Bunge reports that just ahead of a meeting Wednesday to discuss last month’s unprecedented three-hour trading outage, Nasdaq officials got another unexpected jolt: The main data feed for Nasdaq Stock Market-listed stocks went down again. … Continue reading

Posted in Breaking News, Equity Markets, Flash Crash, NASDAQ, NYSE, SEC, World Exchanges | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | 1 Comment

Maintaining the Standing of the U.S. as the World’s Most Sophisticated Financial and Trading Market

Knightmare on Wall Street‘s author, Edgar Perez, chastised U.S. regulators for their performance during NASDAQ’s “Flash Freeze”. Market participants appreciate visible leadership that goes beyond statements sent though press offices, he said. “Both individual and institutional investors would have felt … Continue reading

Posted in Equity Markets, Events, FINRA, Flash Crash, High Frequency Trading, knight capital, NASDAQ, NYSE, Regulatory Updates, SEC, Wall Street | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment