STP: still a distant goal

FEATURE: DRIVE TOWARDS STP

When the concept of straight-through processing (STP) of the trade lifecycle was first entertained almost a decade ago, many industry practitioners saw it as an absolute and not a drawn-out incremental process. But as Stewart Eisenhart reports, buy-side firms are still a fair way off achieving totally automated trading environments, regardless of the vendor community's insistence that STP has arrived.

It's not quite a back-to-the-drawing-board scenario, but proponents of straight-through

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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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