Technology Not the Differentiator for Trading Systems
TRANSACTION SYSTEMS
LONDON--Technology is not ultimately the differentiator when a bank or a corporate institution chooses a transaction system, although there is a minimum level of functionality required before a system will be considered.
The crucial differentiator when it comes to choosing a trading system is liquidity, although cost of dealing, price transparency and connectivity also count. That was the consensus of a roundtable discussion hosted by IBM on the future of electronic markets.
"Technology isn’t the
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