Wall Street Letter VOL. XLV, No. 31 – Sept. 30, 2013

THE DEFINITIVE SOUR CE FOR TR ADING NE WS
VOL XLV ISSUE 31 3 – 9 OCT 2013

www.wallstreetletter.com

IN THIS ISSUE
News People moves 04
Focus Fee chart 09
Feature Adopting ESG factors 10

MORE NEWS INSIDE

MIAX to offer equity
to members
MIAX Options wants to offer its
members the ability to own equity
in the exchange’s parent company
TURN TO PAGE 05

TOP STORY

Weeden to enhance
electronic offerings
Weeden will be adding the
ability to offer more control
Weeden & Co has enhanced its over how the basket executes,
electronic offerings and plans to noted Margulies. These
release significant enhancements enhancements will include an
to its basket and pairs strategies advanced impact model and
over the coming year, according sector and beta controls, he
to David Margulies, head of the added.
Electronic Products Group.
In the meantime, the firm is
“The future enhancements
continuing to place emphasis
that we are planning will benefit on order transparency,
both quantitative and single
particularly as it relates to the
stock traders,” he explained in
lifecycle of orders executed by
an interview with WSL.
Weeden, he said.
“Many of the basket
Specifically, order data
enhancements have come
collection, what to do with
directly from speaking with
that data, and order
TURN
quant mangers and our
transparency are of
TO
PAGE
experiences on our program
concern to our clients,
trading desk,” said Margulies.
according to Margulies.
03
BY SEAN CREAMER

Warrants on NYSE to be
allowed price changes
Issuers of warrants listed on the
NYSE will soon be able to make
changes to the exercise price
during the life of the contract
TURN TO PAGE 06

Trading Technologies
to update cloud
infrastructure
Steve Decker, group product
manager
of sellside
technology,
explains the
company’s
plans for 20132014
TURN TO
PAGE 07

V I S I T WA L L S T R E E T L E T T E R . C O M F O R U P - TO - T H E - M I N U T E I N V E S T M E N T N E W S