The human response time, on average, is about 215 milliseconds to register stimuli. That becomes the primary limiting factor in terms of how fast a person can manually trade on Velocity 2.0, Citi's high-speed foreign exchange (FX) trading platform.
Citi’s current high-frequency trading and information platform, version 1.9, has been around for 18 months, and the bank began working on Velocity 2.0 a year ago, according to Anil Prasad, global head of FX and local markets. “This is not the same as
James talks about his trip to Chicago and some of the interesting topics that came up (including a look at disaster recovery demands). Then Anthony and James touch on ISDA's initial margin rules, with Phase 3 going live next year.Subscribe to Weekly Wrap emails