"We are coping with huge increases in volumes, both in Europe and across the pond," said Martin Cole, managing director of Telekurs Financial UK. "MiFID is driving up data rates, and there has been an explosion of OTC data. We receive 1.5 billion updates daily... that's a massive challenge."
At the same time, latency previously measured in milliseconds is now measured in microseconds, "and in a matter of time will become nanoseconds," said Theo Reijnders, director of market development and pr
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