Hedge fund OTC derivatives processing market to double by 2010

A recent Tabb Group report, OTC derivatives processing: Blazing a trail of auto-mation, posits that the overall OTC derivatives processing technology market will experience a two-year compound annual growth rate of 30%, from $70 million now to $120 million in 2010, although factors behind that growth will deviate from traditional sell-side drivers. According to ISDA, the global OTC derivatives market has grown consistently over the past five years from $100 billion in 2002 to four times that

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Systematic tools gain favor in fixed income

Automation is enabling systematic strategies in fixed income that were previously reserved for equities trading. The tech gap between the two may be closing, but differences remain.

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