Wavelength Podcast Ep. 178: MEMX’s CEO & COO
Jonathan Kellner and Tom Fay join to discuss the Members Exchange.
Wei-Shen Wong, Asia Editor, and Anthony Malakian, Editor-in-Chief of WatersTechnology, record a weekly podcast touching on the biggest stories in financial technology.
To hear the full interview, listen in the player above, or you can download it.
This week, Jonathan Kellner, chief executive officer, and Tom Fay, chief operating officer at the Members Exchange (MEMX), join Tony on the podcast. They talk about why there's a need for a new exchange in the US, the work that has gone into getting it off the ground, and what else needs to be in place before launching.
1:30 – Wei-Shen and Tony briefly highlight some of the stories new to the website this week, including a deep-dive into API security and how the likes of UBS and BlackRock are looking to break into the Chinese market.
MEMX
4:30 – Jonathan and Tom join the podcast and talk about what MEMX is all about.
9:00 – Then, Jonathan explains how MEMX fits into the already-fragmented exchange marketplace in the US.
14:00 – Tom explains what has been done and what else needs to happen before MEMX can go live.
21:30 – How is MEMX unique from a technological standpoint, and which aspects will be built internally or outsourced?
31:00 – Jonathan explains how culture will drive the exchange’s success.
37:00 – Then, he talks about his brief dalliance with Coinbase, and what he thinks of cryptocurrency and digital assets.
38:30 – They wrap things up by talking about the pressures that the buy-side and sell-side want answers for in 2020.
Contact Info:
As is the case with everything we do, we'd love to get some feedback from our listeners.
Wei-Shen Wong: + 852 3411 4758; wei-shen.wong@infopro-digital.com
Anthony Malakian: + 646 490 3973; anthony.malakian@infopro-digital.com
Past 10 episodes:
Episode 168: A Look at the Hemp Market
Episode 169: Wall Street Rides FAR for Autism Research
Episode 170: A European Consolidated Tape
Episode 171: FactSet's Rich Newman on Open Data
Episode 172: Buy-Side Trading & Automation
Episode 173: Hadoop, Data Warehousing
Episode 174: Previewing Waters USA
Episode 175: Tradeweb's Billy Hult
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 Emerging Technologies
Agents are invading. Will it stick?
The Waters Wrap: Agentic features are becoming commonplace in the workflow tools of capital markets. Nyela wonders if the trend is sustainable.
TS Imagine launches new agentic platform
TSIQ can act based on client queries, using built-in agent “personas” that can be modified by users on a case-by-case basis.
BBH’s new tech affiliate, Broadridge’s tokenization platform, and more
The Waters Cooler: A recap of the major tech and data news from the past week in the capital markets.
Waters Wavelength Ep. 358: Tradeweb’s Chris Bruner
This week, Tradeweb’s chief product officer joins the podcast to discuss fixed income, prediction markets, agentic AI, and overnight trading.
Can AI beat exceptions out of the back office?
The Waters Wrap: Agentic AI can help operations teams tackle exceptions. But first, they need to get their house in order, writes Wei-Shen.
Banks brace for higher costs as chip memory runs short
A recent report from Gartner shows the price of memory is rising, putting the squeeze on firms eager to adopt AI.
Manuela Veloso on how banks can make their AI dreams reality
Former JP Morgan head of AI research says open-ended enquiry will unlock technology’s full potential.
Photonics: time for trading tech to see the light
The Waters Wrap: While the sector is dominated by Big Tech, photonic-based solutions could one day help trading firms take more control over their AI ambitions, Anthony says.