Consider XOM below. Historically, trading it with a dark algo outperforms an IS strategy by +2 bps. If the order size were $50mm, you’d realize a $10k savings. If your desk trades $1 billion a year, that’s a savings of $200k.Read more >
Spikes in global volatility and trading volumes characterized the first quarter. What’s next? Brace yourselves for increased complexity as Canadian regulators move into uncharted territory with their proposed Order Protection Rule changes. We dive deep into the new regulations to understand how a smaller market has become one of the world’s most complex trading environments.Read more >
The quarterly Asia Pacific Market Structure Chartbook and Regulatory Summary answer such questions as:
-Which APAC markets have the highest impact costs?Read more >
-Which markets traded more, or less, than in the previous quarter?
-Which APAC regulator has a new head of enforcement?
-How is the Japanese regulator assessing the impact of HFT?
Join us for a targeted call to discuss these trends and how strategy selection can help you improve performance in U.S. cash equities trading:
-Unusual volume patterns and increased volatility over the past six months.Read more >
-Higher transaction costs in U.S. equities for the third consecutive quarter.
-Perception of reduced liquidity conditions.