Miguel Ortega, Asia-Pacific head of market data at Deutsche Bank, said that latency is divided into different tiers of performance, depending on what a company or business line needs-from the ultra-low latency needs of high-frequency traders to the need for consolidated feeds to power smart order-routers in fragmented markets such as Japan with multiple exchanges and private trading systems.
"What we see from our perspective is having to be flexible and cater to firms' needs. Yes, high-frequency
Bryan Harkins joins to discuss how the CBOE-Bats integration is going and plans for the exchange operator going forward. Anthony and James talk about the SEC hack and Esma's potential new powers.Subscribe to Weekly Wrap emails