Knight Capital glitch commented by ETNA Software CEO Roman Zhukov

The glitch that happened with Knight Capital’s algo trading robot can be called the tip of the iceberg. The same sort of situations happen every day, but with less dramatic effect, with many algo strategies. The main reasons for these situations are: The quality assurance tests that are used The need to handle a huge…

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Interview with ETNA Software CEO Roman Zhukov for Software Developers Journal

Roman is committed to bringing together the best engineering talent with a customer-oriented business strategy. Throughout his career, Roman managed the development of several large-scale projects for global financial organizations such as Allianz, Genesis Securities/SogoTrade, ACT Forex, thinkorswim, CIT Finance, Global Forex Trading, and Gilingam Bank and Trust. 1. You have been a technology solutions provider…

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ETNA Software releases The Wheel algo trading service for ChoiceTrade

ETNA Software announces the finalization of a “Wheel” feature for ChoiceTrade broker/dealer online trading platform. The “Wheel” allows traders to build up algo trading solutions in a simple and user friendly interface adapted for web technologies and suitable for even inexperienced traders. “We are glad to have developed a “Wheel” feature that distinguishes ChoiceTrade from…

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News for the New Year

The New York Stock Exchange will not open today in observance of the Martin Luther King national holiday. Meanwhile, let’s take a brief look back at what happened last week and what is going on overseas. On Friday, Standard & Poor’s rating service made good on their December warning that they would downgrade France’s credit…

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Moving on Up (Financial Week, October 10-14, 2011)

North American and European Markets rose significantly on Friday, closing out a strong week and posting gains in most sectors. In Friday morning trading, the Dow, Nasdaq and S&P were each up roughly 1%. By the closing bell on Friday, the Dow-Jones had gained 166.36 points to close at 11,644.49, an increase of 1.45%. The…

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Stocks Make Uphill Climb (Market Review for Oct. 3-7, 2011)

The fourth quarter started out on a low note with a sell-off but rebounded as the week continued. Stocks tumbled on Monday, with the dismal Dow closing at just 10,655.30, down -258 points and 2.36% from the previous week’s close. The Nasdaq closed at 2,335.83, a drop of -79.57 points and 3.29%, and the S&P…

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Who Let The Bears Out? Week In Review, Sept. 26-30, 2011

As the third quarter ends and the fourth quarter begins, the markets are looking decidedly bearish. British blue chip stocks took a hit on Thursday, closing in the red. U.S. blue chip stocks gained on Thursday, thanks in part to the news that Germany had approved funding for the crisis in the Euro zone. The…

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Let’s Do The Twist (Financial Week in Review, 9/19-9/23)

As of Monday, stocks and commodities have begun to recover from last week’s brutal fall. When trading closed yesterday, the major U.S. indexes had regained about one third of last week’s losses. Gold, silver, and copper, all of which had been riding out a four day losing streak, also began a slow but steady recovery.…

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