While CTO Matthew Chapman says banks are less inclined to invest heavily in technology that makes incremental latency improvements, he says they will become more so over time—a contradiction to many who believe execution quality and other factors are replacing latency as a driver of trading. Notably, shrinking revenue at Zomojo is one reason why the investment firm decided to commercialize its technology by spinning out Exablaze.
Exablaze made news in late October with the announcement that its
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