Opinion
Batteries Not Included
Japanese exchanges and the Waters Rankings lead this week's coverage.
Opening Cross: Innovation Isn’t Just About Being Faster; It’s About Being Smarter and Better
The recent furor over high-frequency trading prompted by Michael Lewis’ book Flash Boys has led many to think that the only source of innovation in financial markets is making things faster, so that some kind of banker-sandman phantom can steal Granny’s…
Navigating Data Transparency
Data managers should confront the question of how to use new technologies and methods to make data transparent even under proprietary processes and climates
Divine HFT Providence?
Public investors are about as important as institutional clients come for buy-side shops. Tim wonders what we should make of the class-action civil suit brought this week by one of them—the City of Providence, Rhode Island—alleging high-frequency…
Rain, Snow and Architecture
Natas coverage and European regulatory efforts lead this week's coverage.
Moving Mission-Critical Functions to the Cloud
Anthony believes that more firms are moving mission critical functions to the cloud. As they do, though, it's important to note that there's a major difference between a public and private cloud.
Finding A Key For Data Quality
In the field of standing settlement instructions, Omgeo appears to have found a way to improve upon data quality by opening sourcing and access to its database
Curing What Ails US Equities: More 'Law and Order,' Less 'X-Files'
Tim consults a pair of lobbyists for their take on the Flash Boys kerfuffle and straightforward microstructure improvements that can be made today. In the process, he also fits in two hopelessly dated television references.
Exploring the Buy Side in Japan
Anthony previews two events that will unfold over the coming two weeks.
Virtues of Consistency
Philosophers and authors may dismiss consistency as an overrated refuge for unimaginative minds, but when it comes to industrial strength data quality efforts, it proves to be a necessity.
Industry Needs Targeted Risk Controls for Better Surveillance
Murray Pozmanter of the Depository Trust & Clearing Corp. (DTCC) discusses how the industry is trying to roll out integrated circuit breakers and more nuanced surveillance tools to better oversee today's marketplace.
Where We’re Going, We Don’t Need Roads
The tumult over Flash Boys continues to lead coverage, along with Fatca.
Not the Home Stretch
The data management demands facing the industry continue to expand, and the plans and systems available or being devised to deal with them need to grow at the same rate, as ISITC's chair observed at its recent annual conference.
What Do You Mean, Rigged?
The book "Flash Boys" has proven to be something of a tipping point against high-frequency traders. But are the markets really rigged against the retail investor?
Max Bowie: Got an ITCH? Let It Spread
Nasdaq OMX’s proprietary ITCH data protocol has become the de facto standard used for data dissemination by equity markets, with more marketplaces adopting the protocol or ITCH-like alternatives. But, asks Max, will widespread adoption create…
Michael Shashoua: Putting Fatca in Perspective
Firms are thinking about the ways and means of complying with the Fatca foreign tax withholding rules, even with incomplete guidance and preparation, as the key July 1 deadline approaches. Michael considers the permutations for ensuing process…
Anthony Malakian: HTML5's Open Access
While HTML5 development still has its limitations, Anthony says that now is the time to make the switch and figure out ways to create hybrid strategies using HTML5 and native development.
April 2014: When It Comes to IBOR, a Stitch in Time ...
IBOR adoption is ramping up on the buy side, but some firms have not made their move, which Victor says could cost them in the long run.
James Rundle: HFT Inquiries Bring a Knife to a Gunfight
The announcement by the New York attorney general that the state would be investigating practices associated with high-frequency trading has caused a stir. But James argues that while it may grab headlines, any such investigation will have the wrong…