Technology and People Make Cross-Asset Platforms Challenging, Panelists Say

The BST European Summit 2013 was held in Whitehall, London.

"If you look at some smaller trading companies, they do trade across asset classes in small teams," says Peter van Kleef, managing director at Lakeview Capital Market Services. "There's not a question that it can be done, but the thing is that, in larger companies, generalists are harder to come by. People have started in equities and stayed in equities, or fixed income, but they haven't been across the organization." In contrast, he continues, smaller firms tend to rotate staff across variou