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Tag Archives: Pricing

…allows individuals to trade alongside pros at the same prices…

From the WSJ… ~~~ Bond pricing has long been a problem for individual investors who typically trade small numbers of bonds. They generally pay higher prices than institutional investors trading hundreds or thousands of the same bonds. That is changing, though, as firms like Fidelity Investments and ZionsDirect use technology originally built for institutions and which [...]

The pricing cloud…

       John Constable, Cloud Study There are, very crudely, three categories of price information (quotation and trade data) in the financial markets: >>> Proprietary pricing which is generated by models and maintained inside an organization; >>> Broker-dealers develop OTC bid/offers which they privately distribute to trading partners (often this is tiered pricing); >>> Price information actively [...]