- Anatomy of an Algo: Managing News VolatilityTrading a stock on the same day it delivers a major investment update almost inevitably involves having to deal with volatility. Eric Krueger, Head of Electronic and Program Distribution, EMEA and Merrell Hora, Head of Equities Algorithmic Product at Barclays show how it can be successfully accomplished if armed with the right execution tools.
Interactive Brokers: The API of Many FlavoursInteractive Brokers (IB) was at the forefront of API development in the earliest days of automated trading and now has thousands of individual and institutional clients using the various flavours of its API. Automated Trader's founder, Andy Webb, talks to Pete Spiro, Senior Programmer at IB, about the API and its users.
All you need is alphaWhen Mark Wetjen was elected as acting chair of the Commodity Futures Trading Commission (CFTC), the first thing that occurred to us was George Harrison.
The scientific methodSystematic Alpha Management has been using cutting-edge trading techniques since 2001, some of which are based on scientific principles. Peter Kambolin, the fund's chief executive officer, and Alexei Chekhlov, head of research, talk to Automated Trader's Adam Cox about their methods and their experiences using tools such as the formulae used to understand wind turbulence in order to navigate the markets.
Stockholm SyndromeThe Swedish word lagom doesn't have a direct equivalent in English. Loosely translated to mean 'in moderation', it's basically all about finding the right balance. Lagom is something of a mantra for Swedes, who seek it in all aspects of life. So, as Adam Cox reports, it should come as little surprise that the concept of lagom appears to have been a guiding principle in the development of the Swedish marketplace.- Why can't we be friends? MMT and the quest for data standardsIt's not every day that rival data vendors, venues and other companies gather round the table and agree to work together towards a common goal. But the rapidly progressing Market Model Typology (MMT) initiative shows that this kind of cooperation can happen, and the benefits are expected to be enormous.
Eternal Sunshine of the Spotless DataYou're only as good as your data. Whether it's pre-trade research or post-trade analysis, so much comes down to how accurate and how complete your dataset is. But cleaning and maintaining good data is generally not thought of as the sexiest part of being in the financial markets. It's a chore, the scope of which is often underrated and underappreciated. So Automated Trader sought to speak to a range of specialists to hear what they said about the importance of data hygiene.
EuroCCP and EMCF complete consolidation Migration of Equiduct, GetMatched, NYSE Arca, Smartpool, Sigma X and UBS MTF platforms to EuroCCP accomplished in seven weeks.