"New regulations coupled with technology... have led to an explosion of liquidity and data rates," said Vincent Patrizio, head of global market data services, Merrill Lynch, citing last August's unprecedented volumes. "Capacity and low latency are like a chicken-and-egg situation. Lower latency creates more volume, which-if not managed properly-creates more latency."
Ludwig D'Angelo, head of trading technology for North America at JP Morgan Chase, said that those who gained the most from the
Anthony and James spoke with some sources about the big acquisition of Charles River by State Street, and right now, there are more questions than answers.Subscribe to Weekly Wrap emails