Forefront Communications

Life on Planet Earth: Interview with Jim Toes, STA

Sam Belden

Sam Belden

Jim Toes is President and CEO of the Security Traders Association (STA), a grassroots trade organization which serves individuals employed in the financial services industry. In his role, Toes maintains STA’s relationship with U.S. regulators and congressional policymakers. Since assuming his role in 2011, STA has written more than fifty (50) comment letters on a… Continue reading Life on Planet Earth: Interview with Jim Toes, STA

FlexAdvantage Blog: Equity Market Structure Wrestles with “Inaccessible Liquidity”

Sam Belden

Sam Belden

Equity market participants are learning about new stock exchange launches, new order types, and periodic auctions bringing innovation and competition to the equity trading landscape. But concerns about the unintended consequences of retail orders being executed in the off-exchange world seemed to be a huge issue for buy-side traders at the STA 2020 Market Structure Virtual Conference last month  Citing the concept of “inaccessible liquidity,” asset… Continue reading FlexAdvantage Blog: Equity Market Structure Wrestles with “Inaccessible Liquidity”

The TRADE News: Wells Fargo To Provide Quant Hedge Funds with Revamped Trading Platform

Alexandra Hamer

Alexandra Hamer

Wells Fargo has partnered with FinTech firm HPR to provide a new-look electronic trading platform for quantitative hedge funds clients. The partnership will see the bank’s quantitative prime services division adopt HPR’s Unimus platform, which will include the use of its ultra-low latency direct market access (DMA) and pre-trade risk management solutions, to provide Wells… Continue reading The TRADE News: Wells Fargo To Provide Quant Hedge Funds with Revamped Trading Platform

Asset Servicing Times: LiquidityBook Unveils New Reporting Solution

Sam Belden

Sam Belden

LiquidityBook, a software-as-a-service (SaaS)-based provider of buy- and sell-side trading solutions, has launched a new consolidated audit trail (CAT) reporting solution. The new functionality will help broker-dealers transition from order audit trail system (OATS) reporting to CAT reporting. The phased rollout of the new reporting regime started earlier this year, and Phase 2a – in which… Continue reading Asset Servicing Times: LiquidityBook Unveils New Reporting Solution

Integrity Research Associates: RMS Provider MackeyRMS Embraces ESG

Alexandra Hamer

Alexandra Hamer

Research Management Software provider MackeyRMS launched an ESG research workflow management module designed to help asset managers better leverage internal ESG data and research.  Despite a growing number of firms offering RMS capabilities post-MiFID II, MackeyRMS continues to expand its staff and product line in the wake of a recent financing round. The firm released… Continue reading Integrity Research Associates: RMS Provider MackeyRMS Embraces ESG

FinOps Report: COVID-19 Accelerates Buy-Side Outsourced Trading

Sam Belden

Sam Belden

The COVID-19 pandemic is adding fuel to the fire of interest from some fund management firms in outsourcing the execution of their trade orders to third-party specialists. Over the past few years, fund managers have decided that outsourcing isn’t only for middle and back-office functions. It can also be used for trade execution with cost… Continue reading FinOps Report: COVID-19 Accelerates Buy-Side Outsourced Trading

Traders Magazine: FLASH FRIDAY: Too Many is Never Enough

Sam Belden

Sam Belden

Are there too many equity exchanges in the U.S.? Most market participants would say yes, 16 is a fairly ridiculous number of exchanges; market structure would be better and simpler, and choice and price competition would be sufficient, with half that number. But there are always venue operators and entrepreneurs who see room to squeeze… Continue reading Traders Magazine: FLASH FRIDAY: Too Many is Never Enough

Fundeye: Tom Gira Named STA’s 2020 Dictum Meum Pactum Award Recipient

Sam Belden

Sam Belden

The Security Traders Association (STA) has announced the late Tom Gira as the 2020 Dictum Meum Pactum (DMP) award recipient. The English translation of the Latin phrase should be known to any market participants as it’s written on the London Stock Exchange’s Coat of Arms, “My word is my bond”. Over the course of his… Continue reading Fundeye: Tom Gira Named STA’s 2020 Dictum Meum Pactum Award Recipient

Traders Magazine: Equity Market Data Plan Aims at Conflicts of Interest

Sam Belden

Sam Belden

Brett Redfearn, Director of the SEC’s Division of Trading and Markets, has said proposed changes to governance structures for US consolidated equity market data would help to tackle conflicts of interest which have contributed to the development of a two-tier market. “Fundamentally, the idea is to make sure the governance structure reflects the way the… Continue reading Traders Magazine: Equity Market Data Plan Aims at Conflicts of Interest

Options Insider Radio: Turning Up The Options Volume (DASH Financial)

Alexandra Hamer

Alexandra Hamer

Tommy Martin, Managing Director, Head of Sales Strategy & Operations at DASH Financial Technologies was featured on Options Insider Radio. Mark and Tommy discuss the following topics: How the pandemic has impacted Dash Financial. How customers are navigating the explosion of volume and volatility in 2020. Was 2020 the best year in history to launch… Continue reading Options Insider Radio: Turning Up The Options Volume (DASH Financial)