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The Right Formula
LAB 49
BlueBox Adds Dark Pool Algos
SPECIAL REPORT: NEXT-GENERATION ALGOS
The Right Equation
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Adopting a do-it-yourself approach to MBS dealings
Sailing remains anything but smooth for the mortgage-backed securities market, a situation exacerbated by a significant lack of third-party support for trading, pricing, and risk management of these instruments. But that hasn't swayed alternative…
Search for alpha to push quant assets towards $7 trillion in 2008
Quantitative investment strategies had amassed an estimated 12 per cent of global assets under management by the close of 2007, a clear indication that more buy-side and hedge fund managers have deployed such models in the pursuit of alpha. Stewart…
Kimsey: Credit Crunch Hits Screen Counts
A report on the trading floor market for trading and data services, published this week by Kimsey Consulting, predicts that the number of trading positions worldwide will fall by 12,000 by 2011, with a similar reduction in screen counts over the same…
Symbology: A Question of Character
The new Options Symbology Initiative aims to increase listed options' current three- to five-character symbols to a total of 21 characters each-a four-fold jump that will require an overhaul of trading systems before the new symbology goes live sometime…
Options Data's Growing Pains
Data volumes in the options markets continue to grow at frustrating rates as exchanges list more instruments, algorithmic trading of options gains traction, and the Securities and Exchange Commission expands the quoting of options in penny increments…
Europe Braces for Options Data Growth
European options data volumes-while low compared to their US equivalents-are rising fast, prompting options exchanges in the region to deploy new technologies and upgrade client bandwidth connectivity to accommodate current and anticipated rises.
FIF Readies Symbology Groups
Data industry body the Financial Information Forum is establishing two new sub-committees focusing on options identifiers for internal and retail investor communication for options.
Options Mitigation Lacks Consensus
Some industry participants are pressing US options exchanges to agree on a coordinated, cross-exchange strategy for slowing the continuing rise of options quote and trade data being distributed by the Options Price Reporting Authority.
Financial Technologists Reveal Earnings
NEW YORK-To get a picture of how much jobs in the financial IT industry pay these days, Dealing with Technology 's sibling publication Waters magazine asked its readers to reveal what they expect to earn annually in terms of base salary, cash bonus and…
Overcoming Grid Challenges
With rapid changes in hardware and new third-party service offerings, firms looking to deploy and grow their grid computing environments face new and familiar challenges. DWT editor Rob Daly sits down with Jingwen Wang, vice president of products with…
TD, IBM Team on Blue Gene
Toronto-headquartered TD Bank Financial Group has partnered with IBM to utilize the vendor's Stream Computing software system to perform "on the fly" analysis of live data, IBM officials
Billing Your Way To Success
Back at the turn of the 20th century, Serbian technology wizard Nikola Tesla was experimenting with ways to transmit alternating electrical current over vast distances without using cabling.
Merrill Lynch's Three Steps to a Global Grid
Creating a global compute grid is not an easy task, but traders at Merrill Lynch have been benefiting from the firm's global grid for the past year as they send analytics calculations across the wide area network (WAN) on a daily basis.
One Grid to Rule Them All?
If you do a quick term search on Google for "grid to rule them all," it returns 205 pages. If you search just on the term "grid computing," it returns another 4.88 million-in English alone.
Vendors Respond to New Demands
Data providers are feeling the heat from rising data volumes, demand for lower latency and value-added services, as well as increased competition from new, niche providers and market venues, according to a panel of vendor executives.
Challenges, Opportunities in Volume Rises
The impact of algorithmic trading and new venues created in response to the Markets in Financial Instruments Directive is expected to generate a flood of new market data across Europe, but may result in more competitive markets and adoption of newer,…
Users: Budget Squeeze Hits Data
Data managers are being forced to consider alternative vendors for data services, as a result of economic pressures that are causing banks to tighten budgets, according to a panel of end-users at last week's Amsterdam Financial Information Summit.
A Virtual Boost
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Data Center 3.0
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