Proprietary Trading Archives - The Industry Spread

Record Number of Spoofing Cases Examined

November 18, 2018

Big fraud allegations often mean big settlements will follow. But the settlements the Commodity Futures Trading Commission reached with former MF Global CEO Jon Corzine in early January and Igor Oystacher and his Chicago firm, 3Red Trading LLC, in December were surprisingly puny.

Fed Head of Oversight Visits Capitol Hill

November 15, 2018

Randal Quarles is the Vice Chairman for Supervision and he was testifying in front of the House Financial Services Committee in his bi-annual testimony on November 14, 2018.

Busch Talks Data Science With B23 Co-Founder

November 7, 2018

As Hirko explained, companies which employ algorithms- which means nearly every trading firm- won’t have success unless it is able to process as much data as possible properly.

The job of creating algorithms, Hirko explains, is done generally by B23’s clients, and B23 partners up by helping these companies process more data properly.

“(B23) Engineering the data so it fits neatly into those algorithms,” Hirko said.