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Decimaliztion: This Year’s Y2K

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Firms are rushing to ensure they have the capacity to deal with forecasted spikes in data traffic, whenever conversion day arrives.

Decimalization is the outcast project right now," says the decimalization project manager at one securities firm. And though it’s less technically challenging than that other project, its timing has raised the difficulty factor considerably, the project manager says. "It caught everyone off guard after Y2K. In my initial contacts with other firms, some hadn’t even

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Risk mitigation in round-the-clock trading

Tied closely with shortened settlement times, overnight trading poses operational and technical risks, writes Sergey Samushin, head of exchange solutions at Devexperts, in this guest column.

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