Having Set Standards, J.P. Morgan Begins To Eye Off-The-Shelf Systems

MANAGEMENT AND STRATEGY

J.P. Morgan & Co. intends to cast a wide net for off-the-shelf systems and technologies that it will then evaluate for incorporation into its trading room technology platform. Among the first products being examined is a new Apple Computer Inc. Macintosh-based commodity options and futures portfolio risk management system that may eventually be put to use on a limited number of Morgan's commodity trading and sales desks in New York.

Separately, Morgan late last week announced that managing

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‘Feature, not a bug’: Bloomberg makes the case for Figi

Bloomberg created the Figi identifier, but ceded all its rights to the Object Management Group 10 years ago. Here, Bloomberg’s Richard Robinson and Steve Meizanis write to dispel what they believe to be misconceptions about Figi and the FDTA.

Where have all the exchange platform providers gone?

The IMD Wrap: Running an exchange is a profitable business. The margins on market data sales alone can be staggering. And since every exchange needs a reliable and efficient exchange technology stack, Max asks why more vendors aren’t diving into this space.

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