Pure Trading Readies For New Year

DWT: What are the exchange's top three technology initiatives for 2009?

Richard Carleton, CNSX: We just recently accomplished our major technology milestone for the foreseeable future, which involved moving the underlying trading technology for CNSX from our legacy Horizon matching system, which was originally implemented here in 2003, to the X-stream trading engine from Nasdaq OMX. We have operated the Pure Trading marketplace facility on X-stream since the autumn of 2006.

DWT: How long did the

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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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