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Nasdaq signs algo testing deal with Thesys

The Nasdaq OMX Algo Testing Facility is intended partly to help reign in runaway algos

Nasdaq OMX is planning to launch a test facility for algo trading early next year. The Algo Test Facility will be developed jointly with Thesys Technologies, a subsidiary of Tradeworx,

SEC hopes for Midas touch from HFT surveillance system

The Washington-based SEC is watching Wall Street

the US Securities and Exchange Commission says that its cloud-based approach is paying dividends and allowing it to examine the structures of the markets it supervises at a greater level of granularity than ever before.

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