Looking for all the world like someone yelled "fire" in a crowded nightclub, prop and quant traders are stampeding out of investment banks and headed for the hedge fund world. Some, mainly the prop traders, are being pushed gently out the door as banks prepare for the Volcker Rule...
I just published a blog posting on how Brazil has seen booming growth in algorithmic trading over the last couple of year - with Progress Software right at the heart of it:
Here in the United States algorithmic and high frequency trading have been under fire lately, blamed for everything from the May 6th flash crash to ruining small investors' profit margins. In the rest of the world, however, algorithmic trading is being recognized as both an opportunity and a way...
And I learned first hand what responsive process management is all about - to a consumer like me.
I’m on vacation... Citi just called to check on a phone inquiry they just received. Someone was calling for information about my account. I mentioned that I didn’t make the call...
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