One market consultancy is giving the equity markets a peek into the inner machinations and thinking of high-frequency traders.
Some market professionals thought Apple's 3% price decline last Monday was a flash crash or an algo run wild. Quants at Rosenblatt Securities analyzed the tick data and came up with a different interpretation.
Some European dark pools are setting records for volume as the operators and users of the markets await regulations aimed at increasing transparency.
Rosenblatt Securities is pleased to announce it has hired Anish Puaar as a market--‐structure analyst based in London, United Kingdom. Puaar, who has spent more than six years as a journalist covering trading technology, market structure and regulation for respected trade publications in London, will research and write about major European market--‐structure issues of interest to Rosenblatt’s clients. He will join the firm October 6, reporting to Justin Schack, Managing Director and Partner, who heads Rosenblatt’s Market Structure group.
Chairman Garrett, Ranking Member Maloney and members of Congress: Thank you for the opportunity to participate in today’s roundtable. I’m Joe Gawronski, president and chief operating officer of Rosenblatt Securities, an agency broker serving institutional investors in the US equities and options markets. Rosenblatt is one of the biggest brokers operating on the floor of the New York Stock Exchange. We also execute trades in all US-listed equities and options through our upstairs trading desk. And we’re a leading authority on market structure, offering analysis and consulting services to traders, investors, governments, exchanges and other trading venues — both incumbents and challengers — around the world. Regulators in North America, Europe and Asia-Pacific are among the commercial subscribers to our work.
Momentum is building for major reform of the way Wall Street brokers run their private equity exchanges, known as dark pools, in the wake of allegations that Barclays misled clients of its Barclays LX venue.
Increasing the transparency of prices and potential conflicts of interest in institutional trades in dark pools and automated trading systems will drive the SEC's policy agenda for the next several years and could offer investors leverage to better control trading costs.
The rise of off-exchange trading in the U.S. stock market continues unabated even as regulators question the wisdom of allowing the shift to continue.
Rosenblatt Securities turns to a blended data approach to push the envelope on data collection and information delivery, significantly improving performance.
The stock market is hitting records again, but it doesn't feel that way on many Wall Street trading desks. Trading volume on the major U.S. exchanges last month tumbled to its lowest level for May since the financial crisis. A daily average of 5.7 billion shares changed hands, the least for the month since 2007, according to Credit Suisse Trading Strategy.