Opinion
Explore Your Options
Too many options: not just a problem for those who can't decide what to buy their valentine, but also for anyone serious about trading in the options markets today-and dealing with the sheer volume of data generated by US options trading.
The Rainbow Connection
Raise your hand if you truly were surprised by the announcement of the formation of Project Rainbow, the new bank-backed multilateral trading facility (MTF) that is targeting interest rate swaps (IRSes).
What's in a Name?
Is content still king? In this age of low latency, is speed everything? Or, with everyone trying to make the most of the market's merger and acquisition frenzy, is branding the next big thing?
Energy: The New Taste Sensation
It's official: Independent software vendors (ISVs) playing in the energy markets are the flavor of the month.
Get Ready for Super Tuesday, IMD-Style
Anyone following the US Democratic and Republican primaries will be aware that time is running out to be nominated and pick winning candidates in the lead-up to so-called Super Tuesday. In Inside Market Data 's case, Super Tuesday will be on April 29-the…
Future Shocks
Looking ahead, we can expect emerging markets to play bigger roles on the global stage, and platforms will look nothing like those we know today.
Automating the Data Ecosystem
Our industry could soon be in the midst of a massive shift towards automation, says GoldenSource's Neil Edelstein
Dark Pool Enigma
Editor's Letter
Editor’s Letter: What don't you want?
My introduction to the internet came relatively late. It was the beginning of 1996 and I was teaching at an independent school in the Natal Midlands of South Africa. Seriously.
The hedge vote By Phil Albinus
This is payday for political junkies in the US - we've seen some mildly acrimonious attack ads, fresh faces, candidates who can make history, and others who are clearly deluded if they think they have a chance of getting anywhere near the Oval Office…
VWAP your time is up
With the advent of liquidity fragmentation and the expanding use of cross-asset trading, the global capital markets are undergoing a period of great change. As with the Big Bang of 1986, this change is significant, and will require those who operate in…
The Shock in SocGen
Last week's €4.9 billion ($7.2 billion) write-down by Société Générale (SocGen) for losses incurred by junior trader Jérome Kerviel has finally dethroned former Barings Bank bad boy Nick Leeson as the poster boy for unauthorized trading.
Opra Sneezes, Exchanges Get the Hiccups
Much of the financial markets' technology focus post 9/11 has centered on business continuity, resiliency, and eliminating single points of failure, where an issue with one link in the chain that is today's financial markets can potentially impact all…
The 'Complexity' of CEP
With the volume of financial market data growing daily, many firms are turning to largely undefined complex event processing solutions, but must still deepen their understanding of CEP to ensure these solutions can fully meet the data demands of their…
The Exchanges Strike Back
What a difference a week can make. Last week the industry was wondering what NYSE Euronext CEO Duncan Niederauer planned to purchase and he surprised us with a twofer-the American Stock Exchange (Amex) and Wombat Financial Software.
A Busy Week for the NYSE and Friends
According to Benjamin Disraeli, there are lies, damn lies, and statistics. Allow me to add another category-rumors. Sometimes these rumors get swept under the carpet; other times they turn out to be true. Take, for example, the New York Stock Exchange,…
And Then There Were Five?
According to press reports, NYSE Euronext chairman Duncan Neiderauer is following in his predecessor's footsteps with the rumored purchase of the American Stock Exchange (Amex), one of the few non-demutualized exchanges left in the U.S.
Will "Caring" Exchanges Prevent Flight to MTFs?
We've barely begun 2008, yet already our front page is filled with news from the participants in what will be one of the key battlegrounds for this year-the struggle for trading volumes between exchanges, ECNs and new, multiple dealer-backed venues,…
New Year, Old Challenges
The beginning of every January brings that short, but brilliant, burst of collective optimism that this year will be better than last year: Business will pick up, IT will have enough resources to meet all the demands placed upon it by the business lines…
Welcome Back... and Welcome!
I was fortunate to be invited to spend the holidays this year in the company of friends in the San Francisco area. On Christmas Day, I was presented with a gift marked "from Satan." A typo, I wondered? Is Santa dyslexic? Sadly no-the gift that emerged…
Taming the Wild, Wild Web
In the last couple of years, the Internet has become pervasive and global, spawning an exciting generation of Web 2.0 applications like podcasts, blogs, wikis, P2P social networking, Semantic Web mashups, and 3D virtual worlds. The latest consumer…
Managing Reference Data in the Asia-Pacific Market
While firms in Europe and the US typically operate under one or a few regimes with specific data requirements, Asia-Pacific firms frequently trade in most of the local domiciles, requiring different market, customer and instrument data, says Coexis's…
Back and Forth
LETTER FROM THE EDITOR