By Steve Zwick
In late March, the initial public offering on trading platform BATS (which stands for “Better Alternative Trading System”) was torpedoed by “systems issues” that slammed share prices down from $15.25 to a few cents in less than 900 milliseconds and caused a temporary halt in trading on Apple.
Eric Hunsader looked at the trade-flow data and smelled an algorithm — something he’s gotten quite adept at as president of market data-feed firm Nanex.
3 days ago,(2015/03/25) - Fidessa
Canadian investment manager extends use of fully managed buy-side solution Boston, March 25th, 2015 – Fidessa group plc (LSE: FDSA) today announced that Fiera Capital C...
17 days ago,(2015/03/12) - LMAX
London, 12 March 2015 - LMAX Exchange, the world leading FCA regulated MTF for global FX trading and the UK’s fastest growing technology firm, today announced it has bec...
12 days ago,(2015/03/17) - Algo-Logic
CAPI enabled Order Book processes market data and transfers top-of-book snapshots to POWER8 coherent shared memory in under 1.5 microseconds Santa Clara, California, March 17...