Analysis
Panel Scrutinizes Trading Algos and Visualization Tools in FX Market
A panel of foreign-exchange (FX) practitioners analyze the results from the recent Tibco-sponsored survey on FX trading practices, arguing that electronic trading in the asset class doesn't necessarily equate to algorithmic trading.
EBS Rolls Out Latency Floor For Currency Pairs
Foreign exchange trading platform EBS has extended its randomized pause process across its most active currency pairs after a trial period on the AUD/USD and USD/CHF.
CFTC Unable to Perform “Basic” Analysis of Swap Data
Most of us struggle to keep our bills and bank statements in any semblance of order, but for US regulators, trying to sift through millions of swap transaction reports is a task of Herculean proportions. A task, one senior official says, that the US…
HTML5 Developers in Demand; Charting Gains Greater Attention
As Wall Street firms increasingly are turning to HTML5 as the preferred programming language for trading applications and mobile, trading firms are now finding themselves competing with Silicon Valley for development talent.
Fatca Fatigue Increasing, Experts Say
Banks getting tired of incomplete information and spiralling costs of Fatca, experts on the regulation told attendees at an event organized by Inside Reference Data and SIX Financial Information
Making a More Accurate Clock in the Cloud
Time synchronization attempts in the cloud have produced comical effects. FSMLabs thinks it has the answer.
CME Builds on FX Strengths with European Venue Launch
The launch of a European derivatives venue by the Chicago Mercantile Exchange (CME) Group has been long awaited. Yesterday, CME Europe finally received regulatory approval from the Bank of England (BoE) and the Financial Conduct Authority (FCA), and is…
Long on Bitcoin: Perseus and Atlas ATS Burnish Digital Currency, Target Market-Makers
Despite recent headline-splashing travails, Bitcoin is steadily gaining reception among the world's largest market-makers and funds like Fort Hill Capital. Atlas, an alternative trading system, and network services provider Perseus are meeting that…
Out of Sight, Not Out of Mind
The choice to outsource data management functions is not as simple as it might seem, says Matthew Cox, a longtime industry data executive and consultant
Access to Equity Syndication, Hedge Fund Allocation Drives Two-Sided Growth at US Capital Advisors
Boutique broker-dealers often grow out of teams leaving larger wirehouses, just as David King's did at UBS on the way to co-founding Houston-based US Capital Advisors (USCA). But like proprietary trading desks spinning off, these firms often discover new…
Eris Exchange Achieves Open Interest Milestone: What's Next?
The venue's chief operating officer, Michael Riddle, discusses why more of the same is in store. After all, why fix what isn't broken?
BNY Mellon Survey: Institutional Investors More Focused Than Ever on Risk Management
A recent survey by BNY Mellon, New Frontiers of Risk: Revisiting the 360° Manager, has found that institutional investors are more than ever focusing on their risk management capabilities, and are also on the look-out for new sets of risk tools.
BATS CIO Explains Datacenter Move
Among the integration questions that needed answering when BATS and Direct Edge agreed to merge regarded that of their respective datacenters. BATS had its exchanges situated at Savvis' NJ2 facility in Weehauken, New Jersey. Direct Edge's were located at…
ITG Targets Emerging Hedge Funds with New OMS, EMS
Will Geyer, head of platforms at ITG, and John McKeon, managing director of platforms, discuss the broker's latest applications.
Ex-Cantor Team Launches Lucera, Targets High-Frequency FX
The low-latency infrastructure provider has set out to offer the industry a flexible cost scheme that is particularly applicable to trading in fragmented markets like foreign exchange (FX).
For Eaton Vance, SEF Aggregation Demonstrates 'Art of the Possible'
Ahead of the functional made-available-to-trade (MAT) deadline for certain fixed-to-floating interest-rate swaps, Boston-based asset manager Eaton Vance sought to combine familiarity of trading protocol with control over information leakage. The result…
Collateral Optimization Still Not Widespread, But Growing
A survey by InteDelta and SunGard conducted last summer revealed a dismally low adoption rate of collateral-optimization systems. Only three percent of respondents called their optimization processes advanced or fully automated.
Troubled by Issues, EMIR Reporting Kicks Off
Mandatory reporting of derivatives trades came into force earlier this week as part of the European Market Infrastructure Regulation (EMIR), but market participants continued to raise concerns amid technology problems and far from ideal preparations.
Data Interoperability Needed For Hedgers After EMIR Deadline
Properly creating unique trade identifier (UTI) data is only half the challenge for buy-side firms as the European Market Infrastructure Regulation (EMIR) reporting mandate takes hold today. The other half? Making sure counterparties are doing the same…
Is IBOR Just a Buzzword?
Moderator Barry Chester, wrapping up a panel discussion on the business case for installing an investment book of record (IBOR), asked a question that should be asked of any hot new piece of technology: Is IBOR just a buzzword? Surprisingly, not everyone…
New CEO Lane Promises Major Changes at Trading Technologies
Rick Lane left his job as principal architect at Trading Technologies (TT) for Google in 2011. Yesterday, a little more than two years later, he was put in charge of the Chicago-based software vendor, which counts 19 of the world’s top 20 futures brokers…
Four Drivers to Develop an IBOR
At this week's IBOR Breakfast Briefing, consultant Barry Chester laid out four key drivers for establishing an investment book of record (IBOR).
Bank of England Warns on Cyber Threat to Markets
The Bank of England (BoE) has published its report on Waking Shark II, an exercise designed to test the resilience of wholesale financial markets against cyber attacks. While it found that participants reacted well, more could be done to improve…
Should SEC’s 'Parking Scheme' Charges Portend Greater Trading Surveillance?
The Securities and Exchange Commission (SEC) this week charged two New York-based traders with executing a trading “parking scheme” designed to preserve bonuses, and its enforcement action should prompt investment banks to assess their ability to detect…