Broker Tullett & Tokyo Liberty last week signed a new three-year contract with software company Kalahari for its pricing system k.A.C.E. after using it to create its own pricing calculations.
Tullett has been using k.A.C.E. (Kalahari Advanced Calculation Environment) for the past two years as the calculation engine for Fast Forward Direct, its electronic foreign exchange transaction system, and for foreign exchange and fixed-income derivatives pricing in its offices in Europe and the US.
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