Special report

Lowering the Bar to High-Frequency Trading

Low-latency trading infrastructure is a must for high-frequency trading, but the costs and knowledge required to optimize and maintain it have kept it out of the hands of most firms. DWT sits down with Dave Malik, director of solutions architecture in…

Lime Branches Out

The growth in high-frequency trading (HFT) is about to bear fruit for New York-based agency broker Lime Brokerage as HFT firms continue to sprout up across the industry.

Reuters, Interactive Eye Integration in 2010

Thomson Reuters and Interactive Data are both making the integration of their respective technology platforms a key priority for 2010, said officials at both vendors' earnings calls last week.

Opportunities and efficiencies

This month's analyst research focuses on three diverse subjects - centralised clearing of OTC instruments; the rise in popularity of commission-sharing agreements; and the development and implementation of high-performance database systems. All three…

Buy-side risk projects set to increase in 2010

Following mounting evidence that risk management processes in the traditional asset management and hedge fund industries proved alarmingly inadequate in the midst of the global credit crisis, investment managers are now intending to beef-up risk…

Reuters: Buy Side Demands Cheaper, Better Data

Buy-side market data consumers are calling on European exchanges and trade reporting facilities to provide real-time trade data as a standalone subscription product, to allow the creation of a consolidated tape of time-and-sales data accessible at a more…

China Data Needs Grow as Market Matures

Annual spend on market data by financial services firms in China is expected to grow rapidly over the next 10 years, reflecting the maturation of the Chinese financial industry and broader user requirements, which is creating opportunities for vendors…

Smaller IT Budgets Push Creativity

The past year has presented new and interesting technological challenges for 2010 to the listed-derivatives industry. First, trading volumes actually declined for the first time in over a decade, but message traffic continued to explode. Second, demand…

High-Frequency Trading: Getting with the Program

What exactly is high-frequency trading (HFT)? Is HFT good for the market or is it synonymous with toxic order flow? Does it fly in the face of anti-competition laws? How many different HFT strategies are there and what differentiates them? These are just…

'More, Faster, Cheaper' to Dominate FX in 2010

Over the past year, the foreign exchange (FX) industry has seen the continual stretch to be the fastest price maker, the unrelenting onslaught of ticket volumes, the shifting sands of ECN rules, the rise of algorithmic execution the ever increasing ranks…

Managing Corporate Actions Risk

Despite industry efforts to reduce financial losses typically associated with corporate actions processing, managing risk remains one of the major challenges for the corporate actions industry. On November 18, Inside Reference Data gathered leading…

Valuation vendor market to expand through 2012

A new Aite Group report anticipates that the pricing and valuation services industry will grow to $2.9 billion by the end of 2012, reflecting pressure from regulators and investors on buy-side managers and their custodians to improve these functions…

The Road to Risk Reduction

The financial crisis has proved that timely access to integrated and high-quality data is essential to mitigate risk and meet regulatory requirements. To discuss ways firms can improve integrated data management strategies, Inside Reference Data gathered…

Dark executions in Europe remain modest

European markets, still coming to terms with the impacts of Mifid, have yet to make substantial use of dark pools as liquidity continues to fragment. Dark-pool executions in the UK and on the Continent are nonetheless expected to increase slowly but…

Report: Bloomberg Gains as Spend Falls

The financial industry will spend $22.7 billion worldwide on market data and related services this year, a decline of 1.5 percent from $23 billion in 2008, primarily as a result of budget and staff cuts at end-user firms that have led to reductions in…

Poll: Firms Focus on Latency Measurement

More firms have increased their budgets for latency-related projects during 2009 than at the trough of the financial crisis last year, but are focusing spend largely on internal monitoring and measurement projects rather than large capital outlays,…

Data Networks Diverge, Seek Value-Add

The growth of high-frequency trading strategies is producing a bifurcation between different types of data extranet providers-those that provide broad connectivity and shared services, and those focusing on high-bandwidth networks for low-latency data…