The next markets to fall to the algos?
hot damn
Money, it’s a gas. Grab that cash with both hands and make a stash
Big financial companies expand beyond traditional securities to arbitrage event contracts in sport and politics
The rise of leveraged hedge fund strategies means more trades conducted by phone or messaging
Customs authorities examine use of advance trading hardware
Prop shops versus pod shops
Trading group’s results surge past big Wall Street banks as it takes over increasing share of market volume
Dispute over IEX’s options platform is a new riff on an older debate around high-speed share trading and its utility
Here’s something we forgot in our excitement
Deal highlights the growing dominance of high-frequency trading groups on Wall Street
Virtu lends its support to IEX after Ken Griffin’s firm criticised planned exchange’s ability to cancel and reprice trades
High-frequency market makers are seeking new avenues for growth as competition increases
Ken Griffin’s market-making firm benefited from tumult in early 2025
Secretive US firm continued to make inroads into business once dominated by Wall Street heavyweights
Exchange says allegations ‘unfounded’ and concerns have been ‘repeatedly reviewed’
US exchange ends $10,000 a month fast fibre optic business following complaints from rivals
Well, maybe at least?
Both firms confirm resolution but decline to disclose details stemming from departure of two former employees
Ken Griffin’s high-speed trading firm builds team in Paris and will start trading German Bunds
The rise of innovative traders increases competition for banks — and work for authorities
From cleaning up after Lehman Brothers to early bets on Bitcoin, DRW has become an industry colossus
Skywave Networks accuses Wall Street titans of ‘continuous racketeering and conspiracy’
Professor Donald MacKenzie talks high-frequency trading
The secretive firms that have conquered trading
