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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:…
Valuations Vendor Consolidation is on the Cards as a Result of Introduction CDS CCP, Say RDR Readers
Most Reference Data Review readers believe the introduction of a clearing counterparty (CCP) in the credit default swap (CDS) market will result in a period of consolidation within the valuations vendor community. According to the results of our recent poll, 56% of readers believe consolidation is on the cards, whereas an optimistic 11% think there…
Tullett Prebon and GFI Heads Call for Competition in CDS CCP Market, WMBA Says CCPs Not Desirable for Every OTC Market
As the end of November draws near and the competition intensifies between the candidates in the credit default swap (CDS) clearing counterparty (CCP) race, it seems that everyone in the market has an opinion on the matter. This week it is the turn of two CEOs from the interdealer-broker camp and the Wholesale Market Brokers’…
Euroclear Agrees to Buy Xtrakter Off ICMA as Part of Drive to Broaden Trade Matching Service Offering
Originally appeared in MiFID Monitor Euroclear has continued on the acquisition trail this month by signing an agreement with the International Capital Market Association (ICMA) whereby Euroclear will acquire 100% of Xtrakter, the ICMA subsidiary, for an undisclosed cash amount. Ignace Combes, deputy CEO of Euroclear, explains that the acquisition is part of the firm’s…
Keeping it Simple and Using Common Message Standards is Vital, Says Integration Panel
In order to reach the goal of consistency across new best of breed software and legacy systems, firms need to make sure users understand and use common message standards, said Sally Hinds, global head of enterprise data management (EDM) at HSBC. Her fellow panellists agreed that a shared format for all business applications and normalisation…
Q&A: RTI’s Sun on Latency, Throughput and Jitter in Volatile Markets
The financial markets haven’t seen anything like the last couple of months. But what does the shakeup mean for the world of low latency and the vendors servicing it? IntelligentTradingTechnology.com talked with Realtime Innovations‘ Director of Financial Services Strategy and Product Management Henry Sun to find out where the action is now. IntelligentTradingTechnology.com: The last…
American Bankers Association and SEC Discuss Fair Value Accounting
The American Bankers Association (ABA) is currently engaged in discussions with the Securities and Exchange Commission (SEC) regarding fair value accounting under the current market conditions. The two bodies are conducting the talks during two scheduled roundtable discussions this week. Aubrey Patterson and Randy Ferrell, both representatives from the ABA, have voiced concerns over the…
McCreevy Adds His Voice to Debate on CDS Clearing Counterparty
Originally appeared in MiFID Monitor European Union internal markets commissioner Charlie McCreevy has added his two pennies worth to the debate on the introduction of a clearing counterparty for the credit default swap (CDS) market by urging European players to get involved. McCreevy is concerned that Europe may be left behind in the race to…