Opinion
No Time for Downtime (or Sub-Prime)
Having spent the last week complaining to anyone who would listen about missing luggage and a six-hour stopover in Heathrow Airport on my way back to the US, the glitch that disrupted trading and data distribution from the London Stock Exchange last week…
Specialization Takes Command
Electronic trading is getting more difficult. There are just too many new technologies and strategies to choose from, with algorithms everywhere-hundreds of them-at every stage of the investment and trading process. The number of venues has also exploded…
The Lion City Roars
The big news in Singapore last week wasn’t our prestigious Asia-Pacific Financial Information Summit, or even the influx of foreign cash (and resulting linen shortage) as I raced around the city trying to replace my luggage (which apparently decided to…
At Your Service
In-house use of SOA-based technology combined with sophisticated vendor-supplied business services for data management is on the rise, says Dale Richards, CEO of LakeFront Data Ventures
It's Raining Shoes
LETTER FROM THE EDITOR
End of Days?
It is November and the end is not in sight. Even though the European Union has been talking about Mifid for some time now, the financial news media and industry experts have instead focused on projects such as Boat, Turquoise and Submarine, and the…
Taking the random route
Traditional ways of measuring investment skill range from the straightforward (looking at the portfolio’s performance relative to the rest of the market over the last one, five and 10 years) to the quant-driven, through to the full machinery of…
Editor’s Letter: Concentrating on the little things
Most of you are no-doubt aware that the IRB 2007 Rugby World Cup has just finished. This is somewhat fortuitous as it affords me the opportunity to indulge my journalistic passion of sports commentary/analysis, the area of journalism on which I cut my…
Asia Data: Prepping for Take-off, or Flying High?
By the time you read this, I—along with a few of my industry colleagues—will be making the long, long flight to Singapore for Inside Market Data’s Asia-Pacific Financial Information Summit, to gauge how much the market has evolved over the past 12 months.
Mapping Market and Reference Data
Whenever I return from New York to London-for example, for our European Financial Information Summit-I realize there's a certain something that I miss about the old country. Maybe it's the rolling countryside, cream teas and postal strikes. Maybe it's…
Taking Control
Hands up-who's ever downloaded a song from an online file-sharing program without paying for it? Yet how many of you are scrupulous about data audits and appalled by data piracy? Ultimately, we're talking about the same action on a different scale. And…
New York Sweeps Boston... Sort Of...
For the benefit of non-US readers, we're in the Post-season. The baseball season is over, and the winners now battle it out for the World Series-the Cubs, Indians, Diamondbacks, Angels, Rockies and Phillies, and of course arch-rivals the Yankees and Red…
MiFID's New World Order
As the Nov. 1 MiFID deadline draws near, it is becoming clear that it will take much more time and work to clarify what the new rules mean, and how investors, managers and brokers will behave in the post-MiFID world order. By Bill Haney, European…
Need for Speed: Advice in the Thin Client/Fat Client Debate
Developing a trading system is like trying to build a race car: The faster you want it to go, the larger-and potentially heavier-the engine can become. This is the dilemma of building a trading system: the need for speed versus the desire to avoid…
In-House or Outsource?That is the Question
Alan Philpot, chief executive of Penson Financial Services, examines some of the data management challenges facing clients today, and what they can expect in the future
Report From Rhode Island
With its cruises, mansion tours and beachfront clambakes, you might be forgiven for thinking that the FISD's World Financial Information Conference in Newport, Rhode Island last week was just one big market data love-in. However, there was a range of…
Anticipating Change
LETTER FROM THE EDITOR
Editor's Letter: Wake me up when the data bit's done
Like it or not, data management is boring. It's tedious, it's uninspiring but it's also undeniably crucial to every financial services organisation regardless of their business focus or location. This much emerged during my recent conversation with Mike…
Pre-trade TCA: New challenges, new technology
Stewart Eisenhart looks at a recent Aite Group report – Multi-asset portfolio systems: the buy side’s new pied piper – and concludes that although there is a sizable market in the US and UK for such systems, vendors are likely to find greater demand from…
Know your fund manager
Forget 'Know Your Customer', one of the recent vintage of compliance initiatives that mandates investment firms to know whose money is in their hands. In these days of risky hedge funds with shady characters handling billions of dollars, clients too have…
Rhode Island Bound
Imagine a situation where key business and technical figures in the market data industry were isolated from their companies and staff, unable to reach their workplace to perform the mission-critical duties that keep the financial world turning. What…
Speed Machines
Italian sportscar manufacturer Lamborghini unveiled its latest creation at the Frankfurt Motor Show last week—the fighter jet-inspired Reventon. The car goes from 0-62 mph in 3.4 seconds, and will empty your wallet even faster. Only 20 will be made and…