Sell-Side Technology/Analysis
New Perspective: Australian Markets Spar Over Surveillance Funding
A proposal by the Australian Treasury to raise funds for the Australian Securities and Investments Commission (ASIC) by charging exchanges and market participants has set rivals Chi-X Australia—due to launch at the end of the month—and the incumbent…
Will the Merger of Exchange Giants Stifle Innovation?
In the wake of recent high-profile failed exchange mergers, all eyes have turned to the granddaddy of them all: the proposed combination of the Deutsche Börse (DB) and NYSE Euronext.
Meeting Demand for Distributed Computing in Finance
Over the last two decades, financial derivatives markets experienced tremendous growth in market share, volume, sophistication and customization, all contributing to increased complexity of pricing and risk analysis of these securities. Ubiquitous…
Where Do Clouds End?
With any new technology adoption cycle, there is a boom in providers that precedes eventual consolidation, and cloud computing is no different from the railroad boom of the 19th century.
ESMA Proposes Enhancing Automated Trading Controls
In a recent consulting paper, the European Securities and Markets Authority (ESMA) proposes a number of guidelines on organizational issues with regards to trading platforms and how they operate in a highly automated market environment.