Best execution
Is DMA on the rocks? – Stewart Eisenhart’s feature focuses on the benefits to buy-side players of accessing the markets directly, and the primary stumbling block of integrating DMA technologies with other front-office applications, currently inhibiting mo
Since direct market access (DMA) tools began gaining traction with buy-side firms, the benefits of managers taking more control over their trading operations in terms of best execution and greater efficiency have been tempered by significant challenges…
Spotlight on Andrew Shrimpton
Andrew Shrimpton , recently appointed senior advisor at London-based buy-side consultancy Kinetic Partners, speaks with Stewart Eisenhart about the experience gleaned during his time at the FSA, and how his FSA-tenure put him in the ideal position to…
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US Senator Charles Grassley and German Chancellor Angela Merkel make unlikely partners in commiseration. But both politicians face dim prospects in their attempts to assert more control over hedge funds, which seems to reflect a general lack of interest…
Conquering Latency
As firms continue to wrest every millisecond of latency out of their trading systems, DWT editor Rob Daly sat down with research firm Securities Technology Analysis Center (STAC) director Peter Lankford to discuss the industry's approach to latency…
Stuff Happens
Back in my college days, I took a job as a file clerk at a global tier-one bank. Working in the bowels of an office tower in downtown Buffalo, N.Y., I noticed that on my manager's desk was a vanity bumper sticker that read: "T.W.H.I.P." I asked him what…
JWG-IT: Firms Must Start Mifid Tests
LONDON—It is critical that firms get their testing strategies and plans for the Markets in Financial Instruments Directive (Mifid) together early, as the longer they wait, the more costly it will be downstream, say industry participants and…
How Fast Is Fast Enough?
While in London last week, I found myself in conversations about execution latency almost every day. Besides smart order routing and defining best execution, it seems to be the most popular topic in the City.
Reuters, Bloomberg Take IMD Spoils
Reuters and Bloomberg were the big winners at last week's Inside Market Data Awards, taking home seven awards between them.
.X Marks the Spot
With just six months until MiFID takes effect, Stephen Wilson, global head of exchange-traded instruments at Reuters, outlines the data challenges facing the industry as a result of the new regulations.
Shielding the Market Data Explosion
User firms are increasingly examining sophisticated technologies to address capacity problems by filtering out "noise" from datafeeds to focus only on the most useful data.
DWT London Tackles Industry Pain Points
LONDON—As growing regulations force change on the global financial markets, they haven't stifled innovation, say participants who spoke at the DWT 2007 conference and exhibition held last week in London at the Hilton Tower Bridge.
Generating Reporting Magic
Founded in May 2004, prime broker Merlin Securities has carved out a clientele with its report offerings. DWT editor Rob Daly sat down with Merlin Securities CTO Amr Mohamed to discuss how the 45-person firm's technology offering makes the difference in…
What Next for Asset Control?
Interview
Seeking a Shared Vision
EDITOR'S LETTER
State Street's IT Strategy
WATERS Q&A
Re-Engineering Instinet
WATERS Q&A
Best What?
COMPLIANCE
Virtual Meeting Places
FUTURE TECH
Trends out of TradeTech
TradeTech, one of the best-attended annual technology gatherings of the year, set out to address a number of current buy-side issues – dark liquidity, best execution, algorithmic trading, transaction cost analysis, Mifid, and the underlying technologies…
Transaction cost analysis – Joel Clark reports that currently only equities are meaningfully supported by the handful of technology vendors active in this space, although TCA support for fixed-income instruments is just around the corner.
Buy-side traders are increasingly asking their employers to make new investments in applications designed to measure transaction cost analysis (TCA). The technology has made big advances in recent years, driven by the global demand for proof of best…
Made to morph
Like a growing number of technologies and services offered by the independent software vendor community, Xenomorph's origins can be traced back to the sell side, where applications were developed in response to acute business needs. But since its…