The leading knowledge platform for the financial technology industry
The leading knowledge platform for the financial technology industry

Opinion: Will New Liquidity Reporting Lead to a Big Chill?

By Georges Bory, Co-Founder and Managing Director, Quartet FS The collapse and bankruptcy of Lehman Brothers in 2008 is an extreme example of what can happen when the ratio of liquidity holdings to potential debt is inadequate. The bank was hit with a liquidity crisis as a result of the collapse in the sub-prime mortgage...

Chicago’s Mini-Prop Shop Boom Creates a Boon for Low-Latency Providers

The Volcker Rule, part of the larger Dodd-Frank Financial Reform Act, is an attempt to bar banks from proprietary trading – or making trades for their own benefit – with customer funds. Many banks have pushed back against the proposed rule citing a threat to some of their most profitable activities. In response, the rule...