Black Monday Volume Strains Market Data Systems; Options Traders Hardest Hit By Vendor Reaction Times
THIS MONTH'S LEAD STORIES
Exchange and quote vendor market data systems bent but didn't break during the unprecedented transaction volume of Black Monday, October 19th, and subsequent days. The significant glitches that did arise were of the unanticipated variety -- the sort that can be expected but not predicted whenever large, complex systems are forced to operate on the brink of failure.
Panic-stricken users, of course, may not have appreciated the quality of market data they were seeing, especially since getting e
More on Risk Management, Performance & Reporting
Waters Wavelength
Waters Wavelength Podcast Episode 87: Disaster Recovery & Initial Margin Rules
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
Back to Top