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Gino Vicci

Entries by Gino Vicci

Floor Traders Upset Over CME Group's Changes

(0) Comments | Posted May 18, 2012 | 4:51 PM

Amid pressure from the nation's largest grain association and "significant feedback," the CME Group Inc. backed off a proposed plan to extend trading hours in grain futures and options, but only by one hour. The amendment, which still has to be approved by the U.S. Commodities...

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Critics Weigh in on High-Frequency Trading on Flash Crash Anniversary

(7) Comments | Posted May 9, 2012 | 6:32 PM

Two years ago in early May, the Dow Jones Industrial Average plunged nearly 1,000 points within just a few minutes before recovering, an event known as the "Flash Crash."

Since then, critics charge, little has been done by regulators or the exchanges to prevent a similar event, which many blame...

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Deal With It: A Veteran Trader's Take on High-Frequency Trading

(4) Comments | Posted April 20, 2012 | 12:53 PM

Last month when BATS, a Kansas City-based electronic trading exchange, flubbed its own IPO, rumors flew that high-frequency trading was the culprit. A week later, the company said high-frequency trading had nothing to do with the electronic glitch. Even so, the high-speed trades driven by computers...

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