The first application developed with DRC will be an index calculation engine embedded in the ticker plant, says Exegy COO Rod Arbaugh. He says that high-frequency traders requested that Exegy prioritize the ability to incorporate index calculation within the ticker plant, but declines to specify what additional applications will be developed in the future.
Plugging DRC's RPU, which allows applications to run at low latency with reduced power and space requirements, into Exegy's ticker plant
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