Trading Tech
Spotlight on Andrew Howieson
The Tabb Group has set up camp in Europe, and has tapped Andrew Howieson to lead the effort. Howieson, who spent 13 years as an executive at State Street, discusses his erstwhile initiatives at that firm automating investment operations and services, as…
'If you don't have a good working relationship or if your cultures don't match, it's going to be a pretty painful ride'
Investit's Simon Stratford explains the importance of a healthy working relationship between a buy-side firm and its technology partner, especially where long-term implementations are concerned.
Quantifying value in a qualitative world Assessing the true value that asset management firms derive from their IT investments is usually a subjective - and hence contentious - exercise. But that doesn't mean it cannot be done, and done accurately and ob
Despite the proliferation of electronic and self-directed trading tools across the investment management universe, a new industry report shows that issues such as increasing market volatility, changing commission arrangements, and fragmented liquidity…
Forex algorithms gaining traction among hedge funds
Hedge fund participants in global foreign exchange markets are utilising algorithmic strategies more frequently in order to realise alpha opportunities and reduce latencies, according to a new white paper by forex electronic trading technology developer,…
Quality surveyor
Simon Stratford arrived at London-based buy-side consultancy Investit just over a year ago after a lengthy tenure at Henderson Global Investors. In his short time at the consultancy he has taken the reins of the IT Value Survey, tweaked certain aspects…
A fragmented future
The introduction of multi-lateral trading facilities, crossing networks and electronic communication networks are starting to hurt Europe's well-established exchanges. This phenomenon is likely to become somewhat more acute with the recent introduction…
The end of an illusion
It's getting ugly out there. That's hardly surprising news, but still arguably shocking. The Great Credit Crunch of 2007 has now officially expanded beyond the first wave of casualties - hedge funds over-exposed to shadily structured mortgage-backed…
TCA products crowd the market in the wake of Mifid
When Mifid came into force at the beginning of last month, two of the largest service providers in the industry unveiled transaction cost analysis (TCA) products to assist firms in meeting the directive's requirements for best execution.
Blue Systems Readies Low-Cost Data
Blue Systems, a London-based provider of trading software and services, will launch a new suite of low-cost market data display software before the end of this year, targeted at non-institutional data consumers.
Orange Business Services Expands China Presence
BEIJING & SHANGHAI-Orange Business Services has acquired the trading activities sector of its Chinese exclusive distributor, Dataway, DWT has learned.
UNX Launches Component-based Algorithms
NEW YORK-Agency brokerage UNX has released five new trading algorithms today, Nov. 26, officials tell DWT .
The Coming Datacenter Dearth
There's a saying among students of military history: Good generals think in terms of strategies, but great generals think in terms of logistics. This axiom can be easily applied to any IT department, especially when it comes to planning datacenters.