A Crowded Market: Brokers, Vendors Battle with FIX
Order flow is drying up for the broker-dealer community. Brokerages that hope to survive these tough market conditions must find ways to keep execution costs down, which was discussed in greater detail in the February issue of Waters.
For many brokers, connectivity represents the second highest expense, after the overall cost of taking and executing an order, says George Rosenberger, who heads ConvergEx's ConnEx group, which provides an outsourced solution for FIX connectivity. Third-party
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: https://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact info@waterstechnology.com to find out more.
You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@waterstechnology.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@waterstechnology.com
More on Trading Tech
Bankers question value of round-the-clock trading
BNY and State Street execs predict the arrival of extended-hours trading will come with a hefty price tag for industry firms.
BlackRock Aladdin prioritizing semantic layer for agentic AI
The asset manager’s tech platform is spending “a lot of time thinking about” semantics before it rolls out AI for a variety of tasks, says Aladdin exec.
Trading firms rethink infrastructure proximity as Asia’s FX markets grow
Firms that treat local infrastructure as core to how they serve clients in Asia stand to benefit from Singapore’s growing role as an FX hub, writes Judy Goh.
Staffing and corporate actions preparations made ahead of 23/5 trading launch
Exchanges, trading firms, and industry observers tackled market preparedness during an SEC roundtable ahead of the December 6 go-live.
GPU compute derivatives are put to the test
Interest rates and onions of the past haunt what could be a booming new index market.
The GPU compute index race begins
Major exchanges are partnering with a new crop of benchmark providers to create a tradable asset class around GPU compute.
Bloomberg brings e-FX options trading to API
Buy-side users will be able to run full RFQ workflows for vanilla and exotic FX options through one connection as a result.
ISS Stoxx’s new analytics, S&P and Kaiko launch joint indexes, and more
The Waters Cooler: A recap of the major tech and data news from the past week in the capital markets.
