Analysis
Japanese Firms Weigh Benefits, Costs of Joining the Latency Race
At this year's Tokyo Trading Architecture Summit, panelists discussed how firms have chased latency improvements, while balancing cost and time to market. Some ultimately decide to change course.
After Adjustments, Aequitas Still Set for 2015 Launch
Given the public opprobrium that surrounds high-frequency trading (HFT) at the moment, it’s easy to forget that some firms have been talking about the issues described in Michael Lewis’ book, Flash Boys, for a while now. One of those is Aequitas…
The Roadblocks to Investing in Innovation
In part three of a three-part series, members of Japan's trading community discuss the decisions they have to make about what to invest in, and what will have to wait for another day.
Japan's Trading Firms Work to Automate FX, Fixed-Income Platforms
At this year's Tokyo Trading Architecture Summit, panelists for two Japanese trading firms discussed how they're working to automate their systems.
JPX Brings Tech Innovation to the Market, ‘Oligopoly' Concerns Remain
Panelists at this year's Tokyo Trading Architecture Summit discussed what the merger of the Tokyo and Osaka exchanges will mean for the Japanese market in the future.
D.E. Shaw Technologist: 'Eliminate IT'
The conflict between IT and business is well documented. One soldier in that fight suggested something more than baby steps.
SocGen's Neeraj Hegde: Latency is a Multi-Dimensional Issue
Speaking on a North American Trading Architecture Summit panel this week, Societe Generale's senior quantitative strategy developer for global equities, Neeraj Hegde, offered an alternative argument for why speed from black box trading system to exchange…
Four-Point Action Plan for Data Management
Though semantic data technology is helpful, it won't do any good unless these four steps are taken, according to State Street's David Saul.
European Parliament Adopts CSD Reg
The European Parliament has agreed a range of rules designed to govern the operation of central securities depositories (CSDs) and settlement cycles in the continent's financial markets, known as CSD Reg in industry shorthand.
BYOD, Mobile Offer Banks a Chance to ‘Get Cool Again'
As bring-your-own-device (BYOD) strategies grow inside banks, mobile data management has also emerged as a pressing issue, according to panelists at this year's North American Trading Architecture Summit.
Future Infrastructure to Embrace Cloud and Security
The ideal infrastructure of the future will include more cloud and better security, according to panelists at the North American Trading Architecture Summit.
SEC's Berman: The Data Disputes HFT Narrative
The US Securities and Exchange Commission's (SEC’s) office of analytics and research has run extensive studies in the past year on cancellation rates and other market activities related to high-frequency trading (HFT). Citing the results, Gregg Berman,…
SEC's Berman: The Data Disputes HFT Narrative
The US Securities and Exchange Commission's (SEC’s) office of analytics and research has run extensive studies in the past year on cancellation rates and other market activities related to high-frequency trading (HFT). Citing the results, Gregg Berman,…
EU Introduces First Rule on HFT
The European Parliament and the European Council last night reached agreement on updated rules for the Markets in Financial Instruments Directive (Mifid II), introducing the EU’s first rules on algorithmic trading.
CIOs, CTOs Talk Data Management Frameworks
Sound data management is a three-tiered solution, Lord Abbett CIO Michael Radziemski told his audience during the C-level roundtable at today's North American Trading Architecture Summit. The lowest level is the authoritative data sources. The middle…
Caplin's Patrick Myles on Navigating HTML5 Libraries, Tools
At this year's North American Trading Architecture Summit, Patrick Myles, CTO at software provider Caplin Systems, discussed the future of trading front-ends, and how HTML5 will serve a key role. Despite the programming language's promise, there are…
CIOs, CTOs Talk Data Management Frameworks
Sound data management is a three-tiered solution, Lord Abbett CIO Michael Radziemski told his audience during the C-level roundtable at today's North American Trading Architecture Summit. The lowest level is the authoritative data sources. The middle…
Hackathon Generates Culture Change and Data Tool
SunGard's hackathon designed to foster innovation drew 425 participants across 17 cities around the world. And now one of the products of the 48-hour coding fest is being integrated into the vendor’s XSP solution.
Heartbleed Bug Demonstrates Challenges Around Cyber Security
Earlier this week, a major hole in the OpenSSL open-source cryptography library was reported. The bug, dubbed Heartbleed, may affect 66 percent of the SSL servers on the Internet, according Internet research firm Netcraft.
Cross-Lending Takes Shape, Upending IT Demands
The teams servicing traditional commercial lending and credit facilities for private equity and venture capital shops have historically sat on separate sides of the bank. But as sell-side firms become more flexible in the types of lending they pursue,…
Can Alternative Providers Disrupt Index Inertia?
Though there are almost a hundred mainstream index providers in the industry today, the market remains dominated by a small and elite group of providers—MSCI, S&P Dow Jones Indices, Russell Indexes and FTSE Group. With the industry clamoring for change…
For Fatca Compliance, Banks Work to Create Internal Data Hubs
At a conference hosted by Waters' sibling publication OpRisk, panelists discussed the technological pain points that surround compliance with new Fatca guidelines. The key hurdle is clear: integrating disparate systems in order to more efficiently share…
HFT as Seen Through an Op Risk Lens
At an operational risk conference, US Bancorp's head of quantitative analytics explained how the Flash Crash and HFT should be viewed through an operational risk lens.
HFT as Seen Through an Op Risk Lens
At an operational risk conference, US Bancorp's head of quantitative analytics explained how the Flash Crash and HFT should be viewed through an operational risk lens.