Trading Evolution Drives Tech Facelifts

But as these features become more commoditized and offer less advantage, firms will look for more practical solutions than expensive, in-house ticker plants, and will focus more on latency-reducing technologies-such as exchange co-location and hardware acceleration-that promise to also reduce the cost of staying competitive, according to Shawn Kaplan of Activ Financial.

Tervela's Barry Thompson also highlights latency as a driver for the re-engineering legacy messaging platforms, along with other

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Systematic tools gain favor in fixed income

Automation is enabling systematic strategies in fixed income that were previously reserved for equities trading. The tech gap between the two may be closing, but differences remain.

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