TradingTech Insight Blogs The latest content from across the platform
Giving Away the Value of Reference Data
By Chris Pickles, Co-Chair of FIX Trading Community’s Reference Data Subgroup and Member of the Bloomberg Open Symbology Team Reference data is not only a foundation of data management, it is also a revenue earning commodity, particularly for exchanges and issuers of ISINs. MiFIR requires exchanges, multilateral trading facilities, organised trading facilities and systematic internalisers…
MiFID II: Putting the Clock Back
The type of trader you are will determine how you set your watch. That is the upshot of ‘RTS 25: Draft regulatory technical standards on clock synchronization’ published by the European Securities and Markets Commission in late September under the revision of the Markets in Financial Instruments Directive (MiFID II). “MiFID II moved away from…
Five Markets and Technology Predictions for 2016
By Jock Percy, CEO at Perseus Overall, 2015 was a fascinating year for the financial markets and, by extension, for financial technology solutions providers. At a macroeconomic level, the slowdown of growth in China squeezed commodity dependent markets, including commodity powerhouses such as Brazil, Australia and South Africa. Meanwhile, the Greek debt crisis unleashed a…
Creating Back Office 2.0 – Reinventing Trade Processing on the Block Chain
By Pete Harris, Principal, Lighthouse Partners Financial markets firms seem to be forever complaining about an increasingly competitive marketplace that is driving down revenues and increased compliance and operational procedures that are pushing up costs. No surprise then that many are looking at a technology called block chain in order to simplify their post-trade infrastructures…
Street Contxt Plans February Launch on Back of $8M in Series A Funding Round
By Zoe Schiff Toronto-based Street Contxt, which delivers highly targeted real-time information designed to enhance communication between capital markets professionals, is gearing up for launch next month, hot on the heels of its US$8 million series A funding round secured in December. The latest funding round – supported by the likes of Formation 8 and…
Talking Intelligent Trading with Andrew Delaney: Talking Intelligently at ITS on February 4
With just under a month to go, we’re putting the finishing touches to the agenda for our Intelligent Trading Summit in London on February 4. I’ve waxed lyrical about the topics we’ll be discussing on our series of panels (see agenda here for a recap). But I’m also excited about the presentations we’ve lined up…
What’s More Important: Latency or Determinism?
While speed was everything, latency determinism – ensuring consistent latency throughout your systems for every trade – is increasingly a critical metric for traders executing multi-venue strategies. A recent shift in exchange policy may make a focus on latency determinism even more important. “The fastest in the pack is a Lance Armstrong-type character using every…
Misys Delivers Cloud Based Version of FusionCapital
Misys is building out its FusionCapital trading platform on the basis of its four core workflow solutions – Kondor, Summit, Opics and Sophis – and the addition of components including pricing, curves and securities inventory that can be used across the core solutions but also by third-party vendor solutions. The FusionCapital platform is the culmination…
Talking Intelligent Trading with Andrew Delaney: Deploying Fast DBMS Across the Trading Enterprise
The recent STAC report on McObject’s eXtremeDB Financial Edition 7.0 database management system gives trading infrastructure and application developers cause for hope on two levels: performance and price. And this in turn raises the very real prospect of deploying high-performance database management technology in functional areas throughout the trading and risk landscape. According to McObject…
Metamako Adds Third-Party Apps to Ultra-Low Latency Switching Platform
Metamako, a provider of deterministic ultra-low latency devices, has set up a partner programme to encourage third parties to develop applications for its MetaApp and MetaMux switching platforms, which include ultra low-latency switching, an onboard field programmable gate array (FPGA) and a server, and are typically used to trade directly with exchanges. Dave Snowdon, founder…