Articles by Timothy Bourgaize Murray
BondHawk Launches Fixed-Income Platform
BondHawk Systems has announced the release of its BondHawk Trader platform, focusing on fixed-income trading on both the buy and sell sides.
BlackRock's Aladdin: More Powerful Than Politics?
Bold, hyperbolic statements about technology are commonplace in 2014, whether reveling in its potential or damning its influence. Tim examines one such argument that takes the latter bent, relating to BlackRock's massive Aladdin platform.
Liquid Triples Datacenter Rack Space
The buy-side trading and risk management system provider says it has achieved three and a half times previous capacity at its Equinix datacenters in support of client growth.
Former CFTC Commissioner Chilton to Advise HFT Lobbying Firm
Bart Chilton, one of the commission's most vocal opponents of high-frequency trading (HFT) during his time with the regulator, will now serve as an advisor to Modern Markets Initiative (MMI), a group which advocates on behalf of and is backed by a…
Gaining Momentum, In Two Flavors
A new analytics product focused on momentum trading leads this week's content, while a different kind of confidence, and some welcomed calmness, settles in as the second EMIR reporting deadline hits.
Eris Exchange Taps Perseus, Preps for Greater Prop Trading Demand
The Chicago-based specialist swap futures venue has partnered with Perseus Telecom, providing market participants with low-latency network connectivity capable of handling higher trading speeds.
Eris Exchange Taps Perseus, Preps for Greater Prop Trading Demand
The Chicago-based specialist swap futures venue has partnered with Perseus Telecom, providing market participants with low-latency network connectivity capable of handling higher trading speeds.
As Prime Brokers Lack Sufficient Sales Oversight, Clients Step Up
Ultra high-net-worth (UHNW) individuals and family offices are beginning to more closely monitor the fees and servicing agreements attached to products their intermediaries are selling them. The sell side could do them one better, though, and get there…
Can Tier-One Sell Sides Adopt a Buy-Side Mentality?
Quite often, obvious technical differences are highlighted between the largest global investment banks and the smaller buy-side shops who are their clients. Does a proclivity for that kind of thinking ultimately hold them back? Tim tries out a football…
Olivetree Securities Updates OTAS for UK-Based Best Ex
The London-based agency brokerage is now using its former spin-off OTAS Technologies' TradeShaper for trade management and market microstructure analysis, as well as best execution oversight capabilities.
Abacus Appoints Lozada as Information Security Chief
The buy-side hosted solutions provider has tapped Brian Lozada as director of information security, reporting to CTO Viktor Tadijanovic.
With Three Hires, ConvergEx Refreshes Electronic Trading Leadership
Greg Voetsch and Charles Galligan have both joined the firm as CEO of ConvergEx Execution Services and head of program trading, respectively. Oliver Sung comes onboard in September as head of US electronic execution.
Leaving Room at the Start-Up Pond’s Edge
Can financial technology start-ups benefit from the Silicon Valley ethos, or are funding and mentoring programs modeled after other technology verticals more window dressing than the real deal? Tim Bourgaize Murray reflects on the nature of help in a…
Corr Appointed Scivantage CFO
The provider has tapped Jim Corr as executive vice president and CFO.
Waters Rankings 2014: Best Crossing Network Provider — Instinet
In a year when the perils of high-speed trading were highlighted by Michael Lewis’s Flash Boys, sparking debate among traders, regulators and politicians alike, it is appropriate that the award for best crossing network goes to CBX, Instinet’s mainstay…
Waters Rankings 2014: Best Agency Brokerage — Instinet
As in years past, the battle between agency-only brokerages remained a close one in 2014, as Nomura-backed Instinet wrested away the award from previous winner ITG on the back of new crossing, connectivity, and algorithmic capabilities, underpinned by a…
Don't Cry For HFT, Argentina
This week, Argentina was declared to be in technical default after years of legal wrangling and misfortunes, with even greater consequences possible for the debt markets overall. Those working on HFT concerns should take heed: beware of the details.
Waters Rankings 2014: Oded Weiss, Multifonds
Timothy Murray speaks with Oded Weiss, CEO of Multifonds, at the Waters Rankings.
Waters Rankings 2014: Ranjan Singh, IPC
Timothy Murray speaks with Ranjan Singh of IPC at the 2014 Waters Rankings.
Waters Rankings 2014: Best Market Risk Solution Provider — SunGard
While credit risk has rightfully gained its share of the risk management spotlight after the implementation of Basel III and also in the wake of the global financial crisis, where so many well-established and previously blemish-free financial…
Waters Rankings 2014: Best Credit Risk Solution Provider — Numerix
A strong reputation among Waters readers is built on a mix of attributes, both established and new, and for 2014 this mix perfectly describes yet another win for New York-based risk management specialist Numerix in the best credit risk solution provider…
Waters Rankings 2014: Best Broker-Dealer — UBS
At first blush, a single-dealer trading platform with aggregation capabilities would seem like an astonishingly simple idea. And yet, it’s at the conceptual level where any simplicity ends, and the long, hard technology work begins. For that reason, the…
Waters Rankings 2014: Best Network Provider — SunGard
Some technology providers do one small thing extremely well, and that narrow precision guides them to immense success. But if there is one category in the financial services industry where just the opposite is required, it’s network connectivity, which…
Fits and Start(up)s: Chasing New Fintech Innovation Models
Incubators, accelerators, and mentoring programs have gained favor in recent years as start-up financial technology providers look to partner with clients—and potential strategic investors—earlier in the launch process, and global financial centers seek…