Several top executives of UBS, one of the world’s biggest banks, resigned in disgrace this fall following the announcement that a very junior rogue trader in the London office had managed to lose the astounding sum of $2 billion.
Government regulators had already been pushing banks to make sure...
There have been some heated public debates recently about the kind of liquidity that is being provided by high frequency trading. In an earlier post on Tabb Forum Candyce Edelen from Propel Growth asks if HFTs provide liquidity or do they just provide volume?
Liquidity is bread and butter for...
It has been said that regulators are struggling to keep up with high frequency and algorithmic trading because they have outdated methodology and technology. This battle has been likened to trying to chase a Ferrari on a bicycle.
But what happens when the regulators are constantly changing the...