Special report

The Art of Liquidity Management

As liquidity in the markets continues to fragment and individual trading venues introduce innovative offerings, broker-dealers can no longer expect to manage their order books in the same way they have in the past. Firms need to find and manage liquidity…

The Ghost

Since its introduction, automation in electronic trading has followed a natural evolutionary path. The simplest manual processes were the first to be automated and, as technology evolved, more complex tasks followed. Through it all, the traders…

Sifma Technology Management Show Guide

It may be easy to predict that the financial crisis and its toll on the industry will be on everyone's lips at this year's Securities Industry and Financial Markets Association (Sifma) Technology Management Conference and Exhibit. When most would be…

Divining the Right Liquidity Platform

As liquidity in global markets continues to fragment, sell-side firms of all sizes realize that deploying a liquidity management strategy and its supporting infrastructure isn't just about reaping the extra profits, but also meeting new regulatory…

Industry Mulls Benefits, Challenges of Fragmentation

The quality and cost of exchange data continue to be key concerns for market participants, leading some to suggest that further regulation may be required to address the challenges posed by the fragmentation of European equity trading, according to…

SaaS Gains Traction within Reconciliation

According to a recent research report published by industry analyst firm TowerGroup in conjunction with industry consultancy Perot Systems, small and midsize investment firms are investigating incorporating software-as-a-service- (SaaS-) delivered…

Euro traders struggling with liquidity sourcing

A new Tabb Group report finds that buy-side equity traders in the UK and Europe have encountered greater challenges over the past year sourcing liquidity within new market structures. At the same time, heightened awareness of counterparty risk has begun…

Spotlight trained on OTC pricing platforms

A new Celent Communications report evaluating providers of pricing tools for OTC derivatives and structured products finds that vendors have stepped up efforts to support clients under pressure from investors and regulators for more transparent and…

Regulators Weigh Mifid's Success

LONDON-Since its rollout, the Markets in Financial Instruments Directive (Mifid) has increased competition in the securities markets and lowered costs for investors, according to European regulators.

Banks Eye Mixed Platforms to Calculate Front-Office Risk

LONDON-When tackling risk, financial firms are using front-office systems that combine real-time and batch-based calculations, according to industry participants who spoke during a panel discussion about risk at the DWT 2009 conference.

Cloud Security Challenges Adoption

LONDON-Although some industry insiders say cloud computing is not a new concept, the technology presents solutions to new problems in financial services firms.

Taking Control in the Economic Downturn

LONDON-As the global markets continue to attempt to right themselves during the current crisis, financial technologists and their organizations can weather this upheaval and potentially come out ahead, according to Peter Kelso, CIO of Deutsche Bank…

Thoughts on Turning 15

On May 13, DWT held its 15th annual DWT conference and exhibition at the Hilton Tower Bridge in London, drawing buy-side and sell-side financial technologists from the City and Canary Wharf, as well as Continental Europe. All gathered to discuss this…

Smart Order Routing Becomes Key for FX Traders

LONDON-In less-liquid markets, smart order routing has become key not only for equity traders, but also for those trading in the foreign exchange (FX) space, according to speakers at a liquidity sourcing panel held during the DWT 2009 conference.

IMD Reference: Bloomberg Takes Lead Share

Bloomberg edged ahead of the merged Thomson Reuters during 2008, with a 33 percent share of the real-time market data industry compared to just under 32 percent for Thomson Reuters, according to this year's Inside Market Data Reference report.

Banks: Data Usage Reviews Key to Costs

As firms face increasing pressures to control overall costs and spend on market data, closer evaluation of data requirements versus actual usage has become a priority, according to a panel of end-user firms at last week's North American Financial…