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Electronic Trading

White Flag

Financial Markets

BlackRock Electronic Bond-Trading Fails From Client Imbalance

BlackRock's internal electronic bond-trading system failed because it couldn’t attract a critical mass of customers, even as small dealers stood ready to aid trading.

Relax Speed - Josh Klute

Financial Markets

How High-Speed Trading Is About To Get Speedier

According to Albert Einstein, the speed of light is the fastest speed there is. But for some Wall Street traders the speed of light-at least as it travels through a fiber-optic cable-just isn't fast enough anymore.

Depressed - Head In Hands

Financial Markets

BATS' Latest Issue Bad for Electronic Trading

Stock exchange BATS (the third largest stock exchange) reported that they overcharged members $420,000 from 2008 to 2012 for certain orders. BATS allowed some short-sale trades that in some cases were not executed at the best available price, as required by securities laws.

Featured Deal For CHICAGO

Two Water Park Passes at Vernon Hills Park District Family Aquatic Center

Sand, lounge chairs, and crystal clear water make the beach a great getaway -- but add a lazy river and three water slides, and you've got something even better: • $12 ($24 value) for two passes to the aquatics center • Leisure pools have lap lanes for serious swimmers and waterfalls for kids • Valid from May 25 to September 2 Perfect for All Ages Chill out in the 700-foot lazy river, or go for a dip in the leisure pool -- the sprays and jets are certain to drop your temperature and raise your spirits.

Click here for more deals in CHICAGO

SEC Logo

Financial Markets

SEC Begins Formal Inquiry Into Knight Capital's $457.6m Computer Error

Knight Capital's $457.6m trading error in August is the subject of a formal investigation by the Securities and Exchange Commission.

Kid In The Rain

Financial Markets

Knight Asks Clients to Send Orders Again as Power Fixed

Knight Capital Group, one of the largest U.S. market makers, invited customers to resume sending orders after resolving a power failure that shut down its trading of equities Tuesday.

Pitch Mystery Faces

Financial Markets

Mysterious Computer Program Takes 4% of Trading Activity Last Week

A single mysterious computer program that placed orders — and then subsequently canceled them — made up 4 percent of all quote traffic in the U.S. stock market last week, according to the top tracker of high-frequency trading activity. The motive of the algorithm is still unclear.

Minutes To Midnight

Financial Markets

One Minute to Mid-Knight

Knight Capital Group’s quest for a buyer will be a sprint, not a marathon.

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