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Special

The New Face of Exchanges

Over the last few years the global market structure has undergone unparalleled changes. DWT sits down with Michael Krogmann, head of section cash market for Deutsche Börse, and Joe Mecane, executive vice president and chief administrative officer (CAO)…

Exchanges Betting On New Business Models

Over the past few years the industry has seen an energetic rebirth of alternative trading systems (ATSes) that has put new pricing, performance and innovation pressures on the staid exchange community. In response, exchanges are exploring numerous new…

'08 Data Spend Flat, Driven by Asia, EMEA

Firms worldwide will spend $23 billion on financial data in 2008-the same as in 2007-with a drop in outlay in the Americas but an increase in EMEA and Asia, according to research released by Burton-Taylor International Consulting.

European Corporate Actions - The Standards Journey

The European corporate actions market is experiencing a growing number of complex notifications, putting additional stress on already over-worked teams. Standardization is the obvious way to solve the problems, but it is still not hitting the agenda in…

Hedge fund IT spending to fall below $1 billion

As hedge fund managers square up to the most precipitous market challenges in their history, the global hedge fund industry will likely have to contend with the prospects of fewer funds in business, lower total assets under management, and slashed…

Web Info Needs Reliability Checks

Growing volumes of investment-targeted information in blogs and online sources, and the investment industry's increased focus on it as a source of potentially market-moving data, could lead to the development of a rating system to determine the…

Letter to the Editor

Dear Sir, I'd like to respond to the introductory comments made in the Latency Special Report in last week's issue ( DWT , Nov. 10). In it, DWT editor Rob Daly questioned whether the strategy by some software houses to hire individuals from non-financial…

Low Latency's New Face?

As the demand for low-latency performance continues to increase across the industry, many firms seem to be noticing a dearth in talent when it comes to new hires. Most computer science programs currently stress a higher level of engagement in the…

Attacking Latency at Its Roots

If there is one rule in trading in financial markets, it's that time is money. Latency is no longer a concern solely for the arbitrage shops-it has become an issue for firms across the spectrum. To discuss how firms can best optimize their systems to…

The Hunt for Low Latency

As technology continues to progress, what once was considered low latency, such as a 20 millisecond window, is now considered middling or even laggardly.

Brokerages on the Front Lines of Data Revolution

The trading of equities, fixed income and foreign exchange (FX) has become a lightning-fast world, one that gets a bit faster every day. Every month, it seems there are fewer traders waving their hands around on the floor of the stock exchange-much to…

Panel: Market Data Tech Spend Must Continue

Trading firms will need to continue investments in market data and infrastructure to support spiralling levels of data traffic driven by the proliferation of new trading venues, spikes in volatility and the spread of algorithmic trading, according to a…

Aite: Spend to Rise on 'Unstructured' Data for Algos

Industry spend on unstructured data for use as an input to algorithmic trading strategies is expected to double over the next three years, from a predicted $75.5 million in 2009 to more than $141 million in 2011, according to a report from research firm…

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