If you ask traders what their primary challenge is, they will most likely say "the search for alpha." But alpha is increasingly being determined by the speed at which a firm can obtain market data.
US equities markets trade on more than 55 different venues, and even with such fragmentation, who wins and who loses generally boils down to a microsecond. The competitiveness of the market and other factors have forced capital to go global-seeking liquidity opportunities becomes only the first cha
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