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Wall Street & Technology October 22, 2004 Jim Middlemiss |
Hybrid Market, Myriad Challenges Chief Technology Officer Roger Burkhardt has the unenviable task of automating the New York Stock Exchange and putting it on a level playing field with electronic competitors by creating a hybrid market. |
Wall Street & Technology April 25, 2005 Schmerken & Massaro |
The Fate of ITS In a divided vote, the SEC passed Reg NMS, ushering in a new and improved trade-through rule that will make best price and fast quotations a requirement for U.S. equities trading. What will become of the Intermarket Trading System (ITS)? |
Wall Street & Technology January 5, 2005 Steve Silberstein |
Dear CIO... Question: How will Reg NMS impact broker-dealers? |
Wall Street & Technology January 23, 2007 Cory Levine |
NYSE Requests a Four-Week Extension of the Reg NMS Deadline Although it has been beaten to death by industry analysts and press, the importance of the changes to the U.S. securities industry spurred by Reg NMS cannot be overstated. The industry anxiously awaits full implementation of the regulation in 2007. |
Wall Street & Technology January 24, 2006 Greg MacSweeney |
Reg NMS: Hurry Up and Wait An interview with Joe Gawronski, COO at Rosenblatt Securities, on the possibility of a delay in the implementation of both Reg NMS and NYSE's planned hybrid exchange model. |
Wall Street & Technology February 4, 2005 Ivy Schmerken |
Reg NMS As part of the extreme makeover of the National Market System, the SEC's Reg NMS proposes that market centers route orders to the venue that offers the best price. |
Wall Street & Technology June 13, 2006 |
Ask the Experts Mark Madoff, co-director of trading at Bernard L. Madoff Investment Securities, discuses how the U.S. securities market will change as the NYSE and Nasdaq introduce new fee schedules. |
Wall Street & Technology June 13, 2006 Greg MacSweeney |
Careful What You Wish For While financial firms are relieved by the extension of full Reg NMS implementation, compliance now bumps up against the Nov. 1, 2007 deadline for the European Market in Financial Instruments Directive (MiFID). So where does that leave the industry? |
Wall Street & Technology February 14, 2006 Ivy Schmerken |
Brokerage Teams Tackle Reg NMS as Deadline Looms Many financial firms have joined industry committees to make sure that their organizations' interpretations of Regulation National Market System (Reg NMS) are in line with other market participants' views. |
Wall Street & Technology April 14, 2006 |
Playing Catch Up On Reg NMS Broker-dealers that have not yet established a compliance strategy or begun a program design in preparation for Reg NMS are well behind the industry curve. |
Wall Street & Technology July 26, 2004 Ivy Schmerken |
Making Markets Move The race to become a fast market may lead exchanges to join forces with ECNs. |
InternetNews April 22, 2005 Jim Wagner |
NASDAQ to Acquire Instinet The $1.88 billion cash deal ups the stakes in the competition between the NYSE and NASDAQ. |
Wall Street & Technology January 5, 2005 Ivy Schmerken |
Hybrid Markets: A Migration to the Screen With market regulation in flux, all eyes are on the New York Stock Exchange as it awaits approval from the U.S. Securities and Exchange Commission for its hybrid-market proposal. |
Wall Street & Technology June 13, 2006 |
Regs Create Revenue MiFID and Reg NMS will open up new business opportunities in market data sales for the European and U.S. markets, according to a new report. |
Wall Street & Technology January 6, 2006 Ivy Schmerken |
Transforming the American Stock Exchange An interview with Antoine Shagoury, the American Stock Exchange's EVP and CIO on his plans for revamping Amex's trading platform, consolidating legacy platforms and making the exchange more competitive. |
Wall Street & Technology January 4, 2005 Kerry Massaro |
Making a Choice What does it mean when the most powerful floor-based exchange in the world introduces a hybrid marketplace? It can only mean one thing: This is the beginning of the end of the auction market |
Wall Street & Technology May 15, 2006 Cory Levine |
An Industry in Denial Reg NMS is set to change the foundation of the securities industry and represents the reality of a major industrywide spend. But on whose shoulders that expense will fall remains largely up in the air. |
BusinessWeek December 6, 2004 Amy Borrus |
No More Breaks For The Big Board Why the SEC should stand by its plan to loosen the NYSE's hold on trading |
Wall Street & Technology March 21, 2006 Larry Tabb |
Reg NMS: A Pox on All Your Houses The SEC's Reg NMS will significantly alter the way the markets and the industry as a whole operate. Instead of the market consolidation we have seen over the past few years, we are seeing a market fragmentation, as regional exchanges retool and ECNs proliferate. |
Wall Street & Technology July 23, 2004 Kerry Massaro |
Reinventing Themselves If you look back at the late-'90s, when new ECNs were being introduced into the marketplace regularly and a huge rivalry had developed between the ECNs and the exchanges, the securities industry's last consideration would have been that the two would join forces. |
Wall Street & Technology June 22, 2004 Ivy Schmerken |
How Low Can You Go? Reg NMS' proposed formula for allocating market-data revenues among exchanges isn't getting a warm welcome on the Street. |
Wall Street & Technology May 21, 2007 Les Kovach |
Latest Market Data Dispute Over NYSE's Plan to Charge for Depth-of-Book Data Pits NSX Against Other U.S. Exchanges The NYSE filed a comment letter with the SEC supporting a review of the Commission's approval of the NYSE's fee proposal as well as a review of the current market data revenue-sharing formula under Reg NMS. |
Wall Street & Technology July 18, 2006 Ivy Schmerken |
Amex CIO Prepares to Launch New Hybrid System, AEMI, for Reg NMS CIO Antoine Shagoury is ramping up the process to launch the exchange's new hybrid trading system AEMI to be ready for Reg NMS. |
Registered Rep. March 1, 2006 John Churchill |
The New Big Board--Or Is That Screen? Despite its dominating presence in the equity trading market as the world's largest exchange, the NYSE is a dinosaur that shows it age every day, doing business the same way it's done it for 214 years. Archipelago, however, will take its heft and program the NYSE Group into the future. |
Wall Street & Technology February 4, 2005 Ivy Schmerken |
Reg NMS Tops the CIO Agenda The regulation to modernize the National Market System is shaping up as the single most important issue that chief information officers of buy-side and sell-side firms will focus on in 2005. |
Wall Street & Technology June 4, 2004 Ivy Schmerken |
Reg NMS: Divided We Stand Unable to define fast versus slow markets, the industry is split over the SEC proposal to amend the trade-through rule. |
Registered Rep. April 1, 2008 Halah Touryalai |
Clients in Your Pockets Playing hopscotch from one firm to another, without losing all of your clients, may soon get a little easier. That is, if the SEC's proposed amendment to privacy policy rules, also known as Regulation S-P, is approved. |
The Motley Fool June 30, 2004 Rich Smith |
Siebel Spills Secrets Inaugural Regulation Fair Disclosure (Reg FD) violator Siebel Systems, provider of customer relationship management (CRM) software, is in trouble with the SEC yet again. |
Wall Street & Technology February 21, 2007 Larry Tabb |
Against the Odds, the NYSE Has Successfully Implemented the Hybrid, Acquired Euronext and Become More Profitable New technology, combined with cost-cutting and a large market share, has allowed the NYSE to become more profitable and successful. |
Bank Technology News January 2008 Anthony Malakian |
Data Processing: Forestalling a Market Data Overload Thanks to Reg NMS in the U.S. and MiFID in Europe, market data volume is on the rise and will continue to grow gangbusters. Investing in infrastructure will be a way of life. |
Wall Street & Technology April 26, 2007 |
Electronic Trading Boom Spurs Spending on Advanced Trading Technology The rapid growth in electronic execution of institutional equities trades will spur U.S. capital markets participants to spend $860 million on advanced trading technology this year, and spending will reach $1.3 billion by 2010, according to a new report. |
Wall Street & Technology January 23, 2007 Jessica Pallay |
In the Search of Liquidity: The Time Is Now Now that Reg NMS is finally here, are firms ready to access 30 or more trading venues in their search for liquidity? After a year of investment in technology, firms need to demonstrate that their systems are up to the challenge. |
Registered Rep. October 1, 2004 Mindy Diamond |
Prospects Grim for Wirehouse Brokers with Hybrid Books of Business Hybrid brokers -- those with both retail and midmarket institutional accounts-- at wirehouses might soon be a thing of the past, but that doesn't mean those with this business model have no options. |
The Motley Fool October 30, 2006 John Finneran |
NYSE: Earth's Securities Exchange? A look at the NYSE's ambitious plans and the risks of grand strategy. The NYSE is, so far, transforming itself effectively, but investors need to watch for hard evidence of down-to-earth execution, especially on the technology front. |
Wall Street & Technology October 24, 2007 Michael Topper |
The Repercussion of MiFID and Reg NMS in the U.S. U.S. financial institutions must educate themselves on the difference and similarities between Reg NMS in the States and MiFID in Europe to ensure they know the rules and are able to comply. |
The Motley Fool November 16, 2009 Jim Mueller |
The Daily Walk of Shame: Energizer and Fair Disclosure According to a Reuters report, Energizer Holdings held a conference call with a select group of sell-side analysts after reporting earnings, giving them information not released to the general public. |
Wall Street & Technology June 12, 2007 Melanie Rodier |
Wall Street Firms Fine-Tune Reg NMS Compliance, Look Ahead at the Future Most financial firms have been working on boosting their order-routing capabilities and their infrastructure. But now is the time to see whether their systems can efficiently handle the data Reg NMS requires. |
Wall Street & Technology January 5, 2005 Jim Middlemiss |
CIO Challenge As markets make the seemingly inevitable transition to automated trading, former floor-based traders need to relearn their craft. |
BusinessWeek April 25, 2005 Larry Armstrong |
Honda Civic The Civic Hybrid, the first mainstream hybrid on the market, is the premium car in Honda's popular Civic family. And perhaps its best feature is that it feels more like a bigger car than the subcompact it really is. |
Wall Street & Technology May 25, 2005 Dan Safarik |
A Chip Off the Block The New York Stock Exchange plans to modernize its trading model with the upcoming Hybrid system, which, in part, is meant to draw back the large orders that have migrated to newer, electronic block-trading systems. |
The Motley Fool August 11, 2010 Alyce Lomax |
Pop the Champagne! RegFD Turns 10 Regulation Fair Disclosure, or Reg FD blocked corporate managers from sharing material information only with select Wall Street analysts; they were now required to share it publicly. |
Wall Street & Technology February 12, 2007 Mark Madoff |
Ask the Experts: Trading Q: Will SIFMA's request to have the SEC examine the NYSE's new market-data fees have any impact on the future fee structure(s)?... A: Most of the industry's efforts to prepare for Regulation NMS have been directed at dealing with automating quotes... |
Wall Street & Technology May 15, 2006 Greg MacSweeney |
Playing by the Rules A growing number of voices is calling for a slimming down of SOX's reach, arguing that smaller financial companies cannot afford the compliance price tag. |
Financial Planning September 1, 2008 Callahan & Malo |
Hybrid Chic A trend toward hybrids in the financial services industry is emerging. Increasingly, firms, advisors and brokers are establishing practices that manage both commission -- and fee-based businesses. |
The Motley Fool April 26, 2005 Nathan Parmelee |
Hybrid Sales Blast Off Hybrid sales are strong, but do they offer a better value? it pays to remain intrigued by the developments in hybrids from an investor's point of view. |
Wall Street & Technology January 24, 2006 Peter A. Horowitz |
Developments on the Horizon Seven trends that could significantly impact brokerages and their support systems: The Aging of the Investor Class... Cross-Market Competition and Consolidation... Direct Market Access... etc. |
CFO December 1, 2011 Alix Stuart |
Smoothing the IPO Path A new SEC committee wants to help smaller companies find less costly ways to raise capital. |
Wall Street & Technology April 22, 2005 |
Capital Markets: Top 10 Strategic Initiatives for 2005 Ten strategic initiatives that will drive technology spending in the capital markets in 2005. |
PC Magazine April 19, 2006 Bary Alyssa Johnson |
Green Car Tech In February, Hymotion unveiled the Plug-In Hybrid Electric Vehicle (PHEV) technology for hybrid cars. |
Fast Company October 2004 Chuck Salter |
Driving Lessons Here are the unconventional strategies Ford used to get its unconventional hybrid on the road. |