Program trading (where computer programs initiate orders to trade baskets of stocks in million dollar lots) still dominates activity. It’s an activity primarily done by hedge funds and trading desks ...
Program trading on institutional desks has become popular at a time when markets are volatile and trading margins depressed. "Program trading desks are a necessity these days," said Michael Mook, ...
The boom in program trading has sparked an arms race among the major technology suppliers. Already this year, three of the biggest providers of basket-trading systems have come out with new features ...
Credit Suisse is building out its equities program trading desk. The firm has poached John Emmert, Liquidnet's US head of portfolio trading, sources told Insider. It comes on the heels of senior sales ...
Klaravich Stables’ Program Trading looked to be second-best in mid-stretch as a loaded Webslinger ranged up to challenge for the lead, but the Lope de Vega ridgling dug in gamely to fend off his rival ...