The subject of algorithmic trading crops up in most dealing floor conversation nowadays. That's hardly surprising, considering the profound affect the proliferation of these models is having on the market. Equities trading volumes have expanded exponentially in the last few years, partly as a result of algo trading, and now it is driving change in the reference data market.
Traders use data to make decisions about what to buy or sell. Post-execution, those trades become reference data in thei
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