Opinion
So Long to All That
Like most in the industry, I'm glad that 2008 is finally winding down. Although I'm not eagerly awaiting 2009, I believe most of us are well braced for the coming annus horribilis . Money can be made as a bull or a bear, but it's the uncertainty that is…
The Secret Is Knowing Where to Look
It's perhaps not the most appropriate film to be thinking of during the holiday season, but I can't seem to get Monty Python's Life of Brian out of my head. I'm thinking specifically of when Eric Idle sings, "Always Look on the Bright Side of Life" at…
Making Measurement Work, Making Ends Meet
This week, Inside Market Data contains a special report on the importance of low-latency market data in today's modern trading environment. Yet in the same issue, we detail the problems at latency monitoring software vendor Trading Metrics, which is…
Are We Ready for Low-Tech Terrorism?
Over this past Thanksgiving holiday, instead of watching the traditional football games, my eyes were glued to the cable news networks and the horrible events that unfolded on the other side of the planet in Mumbai.
The Gift That Keeps on Giving
The appearance of Santa Claus outside the New York Stock Exchange last week alongside NYSE chief executive Duncan Niederauer for NYSE's annual Christmas tree-lighting ceremony was no coincidence. Christmas certainly came early last week for NYSE, in the…
Crunch Time for Data Management
The age-old challenge of managing market data becomes even harder in an increasingly hostile and complex environment. Ron Troy, former associate director of market data at WestLB in New York, sets out the key issues, and offers some suggestions for…
Get Off My Cloud
OPINION
WTO Enters the Forbidden Kingdom
OPINION
Concurrency: Take Control or Fail
OPEN PLATFORM
Making BPCM Work
OPEN PLATFORM
The Year of Living Dangerously
EDITOR'S LETTER
Decision Time
Automating the election process presents the biggest opportunity for firms to reduce corporate actions-related losses, says Alan Parsons, securities product manager, CheckFree
Editor's Letter - Carrying on regardless
It's been a tough year. Of that there is no doubt. And if the City boys are even moderately accurate in their 2009 predictions, next year is set to be even tougher, which means, for the time being at least, there's not much good news on the horizon. But…
Head in the clouds
By the time the glasses were raised and the soup was served at last month's Buy-Side Technology Awards lunch, I don't think I was alone in sensing a slight air of tension in the dining room of London's Lanesborough hotel. That wasn't because of the…
Stifling "innovation"
Now that the adults are set to retake charge of the US federal government next January, the likelihood of more substantive regulation of the financial services industry has become all the more probable, even though we still have only vague notions of…
Gobble, Gobble
If you're reading this over coffee and turkey bagel after the Thanksgiving holiday, chances are you're also facing a week of turkey sandwiches, turkey salads, turkey chili and turkey meatloaf, which just goes to prove that you can have too much of a good…
Where Have All the Margins Gone?
I spoke last week with Brent Weisenborn, president and CEO of the Agora-X ECN, about the launch of his firm's new platform ( see story, page 1 ) and his description of a "tsunami of regulation coming out of Washington, D.C." caught my attention. It is an…
Latency Takes the Lead
There was a time when low latency was just an issue of plumbing in the dealing room or datacenter to speed up trading flows, but market fragmentation changed all that. Now it is strategic. Distance implies latency. If you use smart order routing in a…
One Platform to Rule Them All
Since the New York Stock Exchange (NYSE) and Euronext merged to form NYSE Euronext, the exchange operator has aimed to deploy a single global trading platform across all of its exchanges. DWT European reporter Cecilia Bergamaschi sits down with Anthony…
Paging the CLO
A little over a year ago, a couple exchange officials introduced me to a new C-level job description in the industry-chief optimization officer. The role, as it was explained to me, is to ensure that all trading systems within the investment bank deliver…
I Now Pronounce You Merged!
I'll admit, I sometimes get a little teary-eyed at weddings. There's something particularly moving about watching a happy couple exchange vows and prepare for a long future together. So you can imagine how excited I was at a sudden uptick in M&A activity…
A Sign of Eastern Promise?
One of the issues under fire at last month's Asia-Pacific Financial Information Conference in Hong Kong was China's proposals to effectively create a state-run monopoly on the flow of financial news and market data into the country, in an apparent effort…
Finding the Secret Ingredient
It seems that my editor's letter in DWT 's recent latency special report ( DWT , Nov. 10) in which I discuss the trend of hiring IT staff outside from the financial verticals and what impact that would have for organizations has gotten some push back…