TradingTech Insight Blogs The latest content from across the platform
LSE Looking to the Future for TradElect
Following the tech blogs as we do, it’s been interesting to follow the smoke concerning the London Stock Exchange and the future of its TradElect system. Now it seems there’s some fire there, with the LSE acknowledging that it’s looking at the future of the platform, and how to keep the exchange in the low…
European Commission Bent on Post-trade Infrastructure Revamp for Derivatives
The European Commission has released its proposals for a revamp of the derivatives market in a bid to reduce counterparty risk and improve the transparency of these traditionally opaque instruments. A central tenet of the recommendations, similar to that of the recently proposed US regulatory framework for derivatives, is the introduction of central clearing counterparties…
IASB Indicates Will Expedite Overhaul of IAS39 in Line with EU Government Requests
Following complaints by European Union finance ministers about a disparity between accounting standards in the region and the US, the International Accounting Standards Board (IASB) has indicated that it will speed up the decision making process with regards to altering the rules in question. The IASB had originally planned a revision of IAS39 to be…
UK FSA Extends AII Deadline for Derivative Transaction Reporting to September
The UK’s Financial Services Authority (FSA) is giving approved reporting mechanisms (ARMs) more time before they have to start providing derivative transaction reports using the Alternative Instrument Identifier (AII). The go live date is now 21 September as opposed to end of the first quarter. The FSA is also setting up a number of support…
Fed’s Bernanke Champions Mark to Market But Says Illiquid Securities Issue Needs Resolution
Federal Reserve chairman Ben Bernanke has added his voice to the debate about mark to market accounting rules this week. Bernanke is in favour of the controversial accounting rules, which require companies to write down assets every quarter to reflect market value, but cautions that regulators urgently need to deal with the issues surrounding the…
Majority of RDR Readers Facing Decreased Data Management Budgets for This Year
The majority of Reference Data Review readers will have to do more with less this year in terms of budget for their data management projects, according to the results of our latest reader poll. The respondents to our January poll indicate that 62% of readers are facing cuts to their budgets for 2009. The financial…
NYSE Technologies to Facilitate Low-Latency Trading
Moving forward on a strategic vision championed by CEO Duncan Niederauer, NYSE Euronext has created NYSE Technologies, a new company with a remit to commercialise the exchange group’s technical solutions, intellectual property and operational capabilities and sell them to other exchanges, liquidity venues and market participants. The company is headed by industry veteran Stanley Young,…
Sun To Focus on Latency In Trading Applications Developer Workshop
Sun Microsystems is running a “Trading Applications Developer Workshop” on Thursday, January 22nd, at its New York City customer briefing centre. The workshop – with an emphasis on latency – runs from 8.30am to 1pm, followed by lunch, and is free to qualified registrants. Click here to register. Attendance is limited so register today. IntelligentTradingTechnology.com…
What is Your Latency IQ?
Capital markets firms have been implementing a number of different strategies for reducing latency – from increasing network bandwidth, to implementing low latency applications, to collocation – giving rise to the question: What’s next? To get the best trade, firms realize their need for visibility into the entire chain of trade execution events in real…
‘Tis the Season to be Wary
It would be a vast understatement to say it has been a challenging year; for many 2008 has been wrought with redundancies, pay cuts and a significant increase in workload. ‘More for less’ seems to have been adopted out of necessity as the latest industry catchphrase. However, it has not all been doom and gloom:…