Waters
Max Bowie: Don’t Be the Fool Parted from Your Money
Widespread adoption of algorithmic trading has led to belief in the infallibility of computers. But as technology once restricted to institutional trading desks filters down to retail traders, Max asks whether the sophistication of the tools available…
OMS and EMS: Peace Through Marriage
Order management systems and execution management systems are the Hatfields and the McCoys of trading software. Long have they quarreled over their relative merits. Jake Thomases examines how a push toward unification within a single architecture has…
Radio Silence: Are Exchanges Trying to Curb HFT?
As several exchanges in Europe and the US prepare to implement efficiency programs for order messaging-to-trade ratios, some in the industry are seeing this as a self-regulatory move to curb high-frequency trading ahead of statutory rulings. But is this…
OTFs' Next Move
With G20 commitments obliging regulators to regiment the trading of over-the-counter derivatives, Mifid II proposes the integration of organized trading facilities, but what impact will this have? By Steve Dew-Jones
TCA Comes to Futures and FX
Transaction-cost analysis started in equities and, for the most part, hasn’t left—until recently. For various reasons, demand among FX and futures traders for a way to measure their execution costs is growing, and vendors are responding. By Jake Thomases
Liquidity & Electronic Trading special report
May 2012 - sponsored by: Bloomberg, IPC Systems, Knight Capital, SunGard
Dark Forces: Off-Exchange Trading on the Rise
A growing percentage of trade volumes is moving off-exchange every year, whether it’s through broker dark pools, internalized on a firm’s own desks, or elsewhere. Along with declining liquidity in equities markets and higher trading costs, the increasing…
SEFs Through the Looking Glass
While the rules trickle in for swap execution facilities, firms are investing in connectivity and platform design in anticipation of a deeper, more liquid market. As Tim Bourgaize Murray discovers, when it comes to the nascent SEF ecosystem, the future…
Cloud Computing for the Buy-Side Webcast
Waters gathered leading industry experts to discuss the latest cloud computing trends in a webcast on 26 April
Beyond the Easy Win: Sands Capital CTO Ryan Bateman
Ryan Bateman had never been a CTO and Sands Capital had never had a CTO—it was a curious pairing. But Bateman has come in and established his credibility, and now he has to keep that winning streak going. By Anthony Malakian
Scratching the Surface of Mobile Technology
Mobile technology, while still in its nascence in the capital markets, has enjoyed significant uptake over the past 18 months as growing numbers of firms have started to roll out apps designed specifically for tablets and smartphones. But as Victor…
Waters Rankings 2012 ─ Polling Opens
The Waters Rankings is back for its 10th year. Polling begins today and closes on May 25. Get your votes in now.
Overcoming Big Data Challenges Webcast
Waters gathered leading industry experts to discuss the biggest challenges and latest developments in the big data space in a webcast on 19 April
Mobility Webcast
Waters gathered leading industry experts to discuss the latest trends for mobile solutions in the financial services market in a webcast on 28 March
Funds of Hedge Funds' Last Stand?
The fund of hedge funds market has long been a manually intensive one. New regulations and strategies—and a general desire to survive—have led to a push for automation throughout the industry. By Anthony Malakian
High-Frequency Trading special report
April 2012 - sponsored by: NovaSparks; ONETICK; Sybase, an SAP company
London Stock Exchange CIO Antoine Shagoury: Man of the People
When Antoine Shagoury took on the role of CIO at the London Stock Exchange, he embarked on an ambitious program of reform at the venerable, but embattled, institution. Several years on, he reveals how technology is driving the growth of the entire…
April 2012: Are We Out of the Woods Yet?
Victor sees shoots of green in the economy and in Wall Street technology initiatives.
Max Bowie: Vendors Focus on Solutions that Deliver ‘Solutions’
Although algo trading is grabbing headlines, Max believes that the humble terminal is seeing a renaissance as vendors strive to provide more insightful solutions to address increasingly complex markets.
Michael Shashoua: Dueling LEI Standard Proposals
Recently, Financial InterGroup, which had challenged the favored ISO 17442 standard for the legal entity identifier, took another shot by specifying an 11-character LEI. Michael looks at its prospects in the industry.
Anthony Malakian: Undue Diligence
As scandals at large firms like AIJ Investment Advisors, or small firms such as Market Neutral Trading, persist, the need for operational due diligence has taken on greater importance. Technology can help, Anthony says.
Real-Time Surveillance: Mission Impossible?
European regulator ESMA wants trading venues to perform market surveillance and abuse monitoring in as close to real time as possible. But is the technology and operational capacity in place to make this initiative work? By Steve Dew-Jones
Jake Thomases: The Greed for Speed
In recent years, various constituents in the financial services industry have played their part in reducing latency, to a point now where we’re seeing diminishing returns. And as Jake points out, trading firms don’t necessarily need to operate at any pre…
It's All Semantics: Top-Tier Banks Investigate Semantic Technology for Data Management
Semantic technology, while still for the most part in the conceptual phase in the capital markets, is a term that is becoming more than just a whisper inside financial institutions. By Anthony Malakian