The need for heavy automation began for Marathon Asset Management, a $12 billion firm focusing on distressed debt, around the financial crisis, but only partly because of new regulation. At that time, Marathon also went from being a fund-only firm to a funds-and-managed-accounts firm, which brought its own set of complications.
Marathon CTO Klay Stack, who delivered the afternoon keynote address at the North American Trading Architecture Summit, explains how that change led his firm to build out
Bryan Harkins joins to discuss how the CBOE-Bats integration is going and plans for the exchange operator going forward. Anthony and James talk about the SEC hack and Esma's potential new powers.Subscribe to Weekly Wrap emails