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Trading Trends

High-Frequency Trading Doesn’t Need Speed Limits, It Needs A Better Image

High-frequency trading (HFT) could use a good image consultant.  Everyone from Floyd Norris to Chuck Shumer have questioned the validity and even legality of high-frequency strategies, as they have taken over from exchange floor specialists as the mainstream media’s favorite whipping boy. Unfortunately HFT is a term like “salad” where there are many definitions, and… Continue Reading

Marketcetera Partners with NYSE Technologies to Deliver Next Generation SaaS Offering

Just as high frequency is the future of trading and open source is the future of trading technology, we believe that the cloud will be the future of the trading ecosystem. In today’s world of exploding market data and intense pressure on the financial services industry, buy-side firms and traders will be less able to… Continue Reading

The Rise (and Rise) of Automated Trading

Aite Group, a Boston research firm, reports that the high frequency trading community is now responsible for more than 60% of average daily volume in U.S. equities. High frequency trades are often executed with automated systems. Data volumes are exploding on Wall Street and the number of trades executed each year is increasing significantly. Traders… Continue Reading

Seven Months After The Crash

The September 2008 market crash has certainly shaken up the trading industry. For buy-side firms and hedge funds in particular, the volatile period over the last seven months has required difficult adjustments. The realities of a new market have challenged the assumptions inherent in hedging practices and federal regulations (such as the short selling ban)… Continue Reading

Moving Forward Together in an Open Source World

The financial world is now making way for open source software, and big banks are playing follow the leader. As HSBC, Bank of New Zealand and JPMorgan all announced recently, the open source paradigm is creeping in to their technology architectures. Perhaps we’re witnessing the start of something …. ? Let’s look at the benefits… Continue Reading

BusinessWeek.com asks, ‘Will the next Tom Wood please stand up?’

On Christmas Eve, BusinessWeek Online ran an article, “Bring Open Source into Hedge Funds.” Talk about hitting the nail on the head. The article by Peter Algert, co-founder of the San Francisco-based Algert Coldiron Investors hedge fund, asks for some open-source love for hedge funds. He argues hedge funds are too focused on making money… Continue Reading

The Customer’s Perspective

When The 451 Group approached Marketcetera 2 months ago to contribute to a commercial open source report, we weren’t quite expecting the end result to be titled, “Open source is not a business model.” The analyst firm surveyed 114 open source companies, including Marketcetera, on their business strategies. They sought to answer the question that… Continue Reading