Hints and tips:
...The idea is “for now” not to set up a broker-dealer like rival Two Sigma and try to compete on pure speed, but to see if WorldQuant can “create higher-frequency alphas just like we can medium-frequency alphas...
...One week after the Barclays lawsuit announcement, US regulators fined Goldman Sachs $800,000 for failing to ensure that trades executed in the bank’s dark pool, Sigma-X, met US laws protecting investors’...
...But Tabb found that dark pools at alternative trading venues operated by companies such as Bats Chi-X Europe, Goldman Sachs Sigma X, UBS MTF, Turquoise and Instinet have taken their market share from 3.2...
...They include BATS Chi-X Europe, Europe’s largest share trading venue, NYSE Arca Europe, Goldman Sachs Sigma X MTF, the London Stock Exchange-owned Turquoise and UBS MTF....
...This makes it hard for investors to know how to locate the best prices across a range of exchanges, “multilateral trading facilities” such as Chi-X Europe, and “dark pool” block trading systems....
...Outsize Greek letters affixed to the façades of buildings denote their society affiliation, be it to the Pi Kappa Alpha or Chi Omega orders....
...In May, the largest broker-dealer dark pools in the US – Goldman Sachs’ Sigma X, Morgan Stanley’s MS Pool and UBS’s PIN Alternative Trading System – allowed access to each other....
International Edition