Sell-Side Technology/Special
Attacking Latency at Its Roots
If there is one rule in trading in financial markets, it's that time is money. Latency is no longer a concern solely for the arbitrage shops-it has become an issue for firms across the spectrum. To discuss how firms can best optimize their systems to…
The Hunt for Low Latency
As technology continues to progress, what once was considered low latency, such as a 20 millisecond window, is now considered middling or even laggardly.
Brokerages on the Front Lines of Data Revolution
The trading of equities, fixed income and foreign exchange (FX) has become a lightning-fast world, one that gets a bit faster every day. Every month, it seems there are fewer traders waving their hands around on the floor of the stock exchange-much to…
Making the Right Decisions
As broker-dealers look to maintain or grow their revenue streams, offering clients access to emerging markets is no longer optional, as it once was. While the global players and smaller niche ones have made a specialty of servicing investors seeking to…
Going Native: Avoiding the Common Mistakes in Entering Emerging Markets
As global markets tank and institutional investors continue to demand good returns, more broker-dealers find themselves expanding into new emerging markets. Most firms are faced with either routing an order via a local broker or setting up shop…
Hitting the Ground Running
As traders and investors continue their hunt across the globe for respectable alpha, DWT sits down with Philippe Carré, the global head of client connectivity business line for GL Trade, to discuss the best ways that firms can access the emerging markets.
Volatility Still Challenges Algos
Trading via technology and algorithms alone may not be the best strategy during volatile times in the financial markets, according to industry experts.
Taming the Dark Pools
With the low barrier of entry to developing and deploying new dark pools of liquidity, the industry has experienced a dramatic growth in non-displayed liquidity venues in the past year. However, with that growth many industry participants say it's time…
Timing Is Everything
In early January the editors and publisher of DWT and Buy-Side Technology sat down to determine how best to serve our readers and we came up with an idea to launch a new conference covering the subjective and elusive topic of "best execution."
Shaking Up Transaction Cost Analysis
Though the use of transaction cost analysis (TCA) has permeated the buy side, a number of industry participants see the need for an evolutionary change.
Business Success Spurs Customization
It is possible for a firm to customize off-the-shelf technology to create a differentiated system or product, but sometimes vendors stand in the way, say industry experts.
ITG Launches Dark Algos in Europe
Agency brokerage and crossing-network provider Investment Technology Group (ITG) has announced the addition of ITG Dark Algorithm to the ITG Algorithms suite of trading tools in Europe. ITG Dark Algorithm provides access to multiple dark venues,…
Liquidity Management Systems: Their Place in Today's Trading Infrastructure Trio
Occasionally confused with a controller's cash management system, liquidity management systems (LMSes) have quickly emerged from infancy to near-adulthood status.
The Future of Liquidity Management
It's safe to assume that everyone would agree that liquidity management systems (LMSes) are still in their infancy as various voices within the industry are still trying to define what the term truly means. At one end of the spectrum, many vendors are…
Credit Suisse Links to Aqua
Credit Suisse's Advanced Execution Services (AES) has linked to the alternative trading system (ATS) Aqua as a trading destination for all of its algorithmic and direct access systems, say officials. Aqua facilitates delivery of broker block liquidity to…
Smart Order Routing to Go Beyond Equities
Smart order routing is going beyond the equities market, according to industry observers. "Foreign exchange (FX) is a big player ... it's definitely moving to multi market," says Adam Honoré, senior analyst at research firm Aite Group, who spoke during a…
AK Jensen Joins Fidessa's Network
Independent electronic agency firm AK Jensen has joined Fidessa's global connectivity network, vendor officials announced last week. With its technology and electronic solutions, AKJ provides a one-stop solution for global electronic trading, say…
Demystifying Liquidity Management
Ever since the Markets in Financial Instruments Directive (Mifid) took effect, many new terms have been added to the trading lexicon. The latest, liquidity management systems (LMSes), is still in the process of being defined. DWT has assembled a panel of…
Liquidity Management's Redux
Unlike many broker-dealers looking to get their arms around the new buzzword, "liquidity management," the agency brokerage arm of Crédit Agricole, CA Cheuvreux, believes that the concept has been around for a number of years.
Automating the Hunt for Alpha
The financial industry is on the verge of the next evolutionary growth spurt in algorithmic trading. However, no one knows for sure where it's leading.
Algos: The Next Generation
With the dramatic growth in available processing power and advancements in complex event processing (CEP) technology to handle expanded real-time inputs, trading algorithms are on the verge of the next evolutionary quantum leap. DWT has gathered a panel…
Portfolio Trading Dominates Algo Growth
Most Wall Street players tend to leave divining the future to mediums with basement storefront dens, but most agree that in the next five years the use of trading algorithms will be going nowhere but up.