Latest Issue of Advanced Trading Available Now

PRNewswire
NEW YORK
Jun 1, 2009

NEW YORK, Jun 1 /PRNewswire/ -- Anatomy of a Buy-Side Trader, exclusive photos of the NYSE AMEX options trading floor, and more. Visit http://AdvancedTrading.com.

(Photo: http://www.newscom.com/cgi-bin/prnh/20090601/NY24620)

FROM THE EDITOR

What Makes a Trader Great?

Understanding the intangible qualities that make traders not only survive but thrive.

http://www.advancedtrading.com/showArticle.jhtml?articleID=217500174

COVER STORY

Anatomy of a Buy-Side Trader

As cutbacks spread across the buy-side desk and turmoil continues to reshape the markets, the traits that define a successful buy-side trader are more important than ever.

http://www.advancedtrading.com/showArticle.jhtml?articleID=216500284

SIDEBAR

Study Attempts to Pin Down What It Means to Think Like a Trader

CalTech researcher digs into physiological responses and behavior patterns to identify roots of 'loss aversion.'

http://advancedtrading.com/showArticle.jhtml?articleID=216500287

ELECTRONIC MARKETPLACES

What Can Be Done About Europe's Fragmented Market?

As multilateral trading facilities, established under MiFID, fragment liquidity and market data, the buy side struggles with transparency and is challenged to attain best execution. A consolidated tape in Europe would help, experts say.

http://www.advancedtrading.com/showArticle.jhtml?articleID=216600031

Pipeline Acquires 3D Markets for Block Options Crossing

Pipeline expands into options asset class as usage is growing by institutions.

http://www.advancedtrading.com/showArticle.jhtml?articleID=217100118

Bay Crest Partners to Launch Fixed-Income Brokerage Platform

From UBS, Sean Rice joins Bay Crest to build and head sales and trading team.

http://www.advancedtrading.com/showArticle.jhtml?articleID=216500613

ALGORITHMIC TRADING

Algorithm Overload

As buy-side trading desks are challenged to navigate increasingly complex markets, algorithm providers are responding with streamlined offerings and liquidity-seeking strategies.

http://www.advancedtrading.com/showArticle.jhtml?articleID=217200203

PHOTO GALLERY

NYSE Amex Options Trading Floor

The NYSE Amex options trading floor was opened in March of 2009 and offers both electronic and open outcry equity options trading. The new floor brings together options traders from the American Stock Exchange (Amex), which was acquired by NYSE Euronext, and the NYSE onto one trading floor and platform.

http://advancedtrading.com/photos/trading-floors/NYSE-Amex-Options/

RESEARCH WATCH

Bringing Transparency to Pricing and Valuations

Celent provides perspectives on trends in OTC derivatives and structured product pricing practices in anticipation of coming market reform.

http://advancedtrading.com/derivatives/showArticle.jhtml?articleID=216600213

MARKET INTELLIGENCE

Chris Concannon to Leave Nasdaq

Concannon had a key role in rebuilding Nasdaq's market share against other electronic competitors.

http://www.advancedtrading.com/showArticle.jhtml?articleID=216500861

SEC Outlines Potential Short Sale Curbs

The Securities and Exchange Commission has begun a public comment period over a set of proposed rules set forward in an effort to curb short selling.

http://www.advancedtrading.com/showArticle.jhtml?articleID=216403552

Hegarty to Leave TowerGroup for DTCC

Robert Hegarty, managing director, Securities & Investments and Insurance, at TowerGroup, will leave the research and advisory firm and join the Depository Trust & Clearing Corporation.

http://www.advancedtrading.com/showArticle.jhtml?articleID=216300421

Jeromee Johnson Leaves 3D Markets; Heads to BATS Exchange

Johnson will study whether BATS should enter the options business.

http://www.advancedtrading.com/showArticle.jhtml?articleID=216401192

BLOG WATCH

Should European Dark Pools Offer Better Prices?

NYFIX Euro Millennium MTF platform is temporarily amending its algorithm to offer matching at the midpoint of the reference market price. The move raises questions about whether European dark pools can offer better prices than lit markets.

http://www.advancedtrading.com/blog/archives/2009/04/should_european.html

Westwater Ramps Up Risk Practice with FOF Due Diligence

I just spoke with Jim Leman, principal of Westwater Corp., about some of the things his firm is focusing on as a result of the credit crisis and recent market turmoil. We hadn't caught up in a while and I wanted to know how the market was affecting his consulting firm.

http://www.advancedtrading.com/blog/archives/2009/04/westwater_ramps.html

STREET CRED

The Downside of an Uptick Rule

An uptick rule would slow trading and remove liquidity from dark pools -- but it won't curb short selling.

http://advancedtrading.com/showArticle.jhtml?articleID=216501067

AT THE CLOSE

MTFs Compete for Survival

With the proliferation of alternative trading venues in Europe, industry observers expect consolidation among the new multilateral trading facilities.

http://www.advancedtrading.com/showArticle.jhtml?articleID=216900148

About Advanced Trading:

AdvancedTrading.com provides daily analysis and news on trading and trading technology trends. The publication's goal is to provide its audience -- traders -- with the critical information they need to navigate and succeed in a dynamic marketplace. AdvancedTrading.com is a brand within the TechWeb organization published by United Business Media.

    Contact:
    Kerry Massaro
    Editor-in-Chief
    kmassaro@techweb.com
    646-242-6578

SOURCE: AdvancedTrading.com

Web site: http://www.AdvancedTrading.com/