Trading Tech
Seascape takes ClariFI's modelling and research platform
Seascape Capital Management, a New Hampshire-based investment manager running separately managed accounts, a mutual fund and a hedge fund, has deployed ModelStation, a quantitative portfolio modelling, research and attribution platform developed by…
Three new clients in the bag for CRD
Bridgeway Capital Management, the Houston, TX-based adviser to Bridgeway Funds, is to install the Charles River Investment Management System (IMS) to automate portfolio management, trading and compliance in its investment operations across all asset…
Anticipation grows for increased buy-side use of equity derivatives
Over-the-counter equity derivatives markets are growing at a slower rate than their credit derivative brethren, but the steady expansion of these instruments, combined with their risk characteristics and the changing requirements of pension funds and…
The bust of 2008
Making predictions can be either an embarrassing or an enlightening exercise. A recent blog posting that made the Incisive Media rounds last month was a reproduction of a page from a 1900-era edition of the Ladies' Home Journal . In the gloriously dense…
Learning on the job
Brian Mitchell, head of dealing and portfolio control at Baring Asset Management, is proof that you don't need an Oxford or MIT education to rise through the buy-side ranks. Victor Anderson speaks with him about how Barings formalised its execution…
Credit: the long and short of it
Credit-based hedge funds were particularly hard hit by the US sub-prime fiasco and the ensuing liquidity crisis, most notably in the CDO market. But as Matthew Atwood discovered during Credit magazine's roundtable held last November, credit still has an…
Who Said What And When
BST's 'Big Interview' featured a number of buy-side practitioners with a variety of views during 2007...
New Advent client installing APX and Moxy
Square Capital , a London-based wealth management firm with $500 million under management, is in the process of rolling out Advent applications for portfolio and order management.
A Market Data Christmas Carol
After returning home from the FISD's holiday party last week, I was woken by the sounds of a horrible wailing and the noise of chains dragging on the ground as the specter of late, great market data manager Jake Marley appeared before me.
Guest Editorial - Prepare to Shift Gears
With globalization, algorithmic trading and regulatory initiatives forcing vendors to 'walk the walk' this year, remaining focused on basic client needs will be a key differentiator in 2008. In this exclusive guest editorial column, Thomson Financial…
Exchanges Jostle for Position with New Venues
The global exchange landscape saw a slew of merger and acquisition stories unfurl over the course of 2007. But while the largest exchanges develop into global powerhouses of data and trading activity, expanding both geographic and asset class coverage,…
CEP Becomes Less Complex
Complex event processing took steps towards standardization during 2007, with vendors seeking to simplify the mystique surrounding the CEP and stream-processing space, opening themselves more to partnership and collaboration, and calling for measurable…
Data Volume Explosion Continues
US options and equities exchanges experienced a continuation of unprecedented growth in message rates during 2007, causing vendors' and user firms' data infrastructures to struggle under the sheer volumes of market data, and spurring adoption of new…
Algos, Latency Force Asia Upgrades
Rising trade volumes in Asia Pacific, and growing demand for access by offshore investors, along with the spread of algorithmic trading spurred exchanges to improve their trading and data systems during 2007 to allow for greater message-handling capacity…
Latency, CEP Drive Change as Firms Favor Incumbents
The demands of low latency and the complexities of event processing technologies for data and pricing were the main drivers for new deals and deployments during 2007, as-for the most part-end-user firms expanded agreements with trusted providers rather…
Algo News Feeds Evolve, Seek Traction
The evolution of so-called newsflow algorithms-tagged news feeds designed to trigger orders within algorithmic trading applications-continued during 2007, though take-up among end-users still remains muted.
Trade Alert Expands IM Alerts
New York-based Trade Alert, a provider of options trade data and analytics via instant messaging, is adding new features to its Options Alert product to expand the range of data and alert types that the system can provide.
Regulation Takes Priority for Data Spend in '07
A major theme of 2007 was the introduction of key, market-changing regulations, which generated a new focus on regulatory compliance for data managers and data-related projects. Most significant were the European Commission's Markets in Financial…