April 30, 2012 09:34 AM
Some firms have the ability to recognize enormous value in an instant, those things that can provide tremendous business benefit and bottom-line profitability. The fiercely competitive trading industry is a place where the right technology and solutions can mean the difference between success and failure.
March 30, 2012 02:43 PM
A trading firm’s final goal is to win, to be successful in outpacing the market. Trading firms operate in a fiercely competitive industry where success is measured by profit. They are constantly hunting for talent and technology to achieve that goal.
March 29, 2012 12:21 PM
The current market in the U.S., while still a very viable opportunity for high frequency trading in a number of asset classes, has some serious barriers to entry in terms of its cost basis. Thus, the idea of looking at new markets to penetrate are starting to take shape – particularly in Asia.
March 14, 2012 10:37 AM
HFT seems to be a perennial bogeyman. One of the most common questions I’m asked when traveling in Asia is what I think of HFT. But here in the world’s most financially sophisticated city, I would have thought the last discussion of HFT’s morality took place in 2008.
March 12, 2012 11:00 AM
Transaction Cost Analysis is the idea of monitoring and reporting on trade performance. Certainly not a new concept in the trading industry. Brokers, EMS and OMS vendors have been providing this capability for a quite a while. Yet, it is just as common for the buy side, sell-side and quantitative trading firms to build their own analysis platforms.
February 29, 2012 01:22 PM
In the winding path of a long career I once had a colleague that worked in the standards-based software industry. Like a lot of vendors, he was actively engaged in creating commercial software implementations based on the fully sanctioned Java standards.
February 9, 2012 02:54 PM
Big Data is technology’s hype phrase du jour, bandied incessantly about by analysts and the media. Every vendor seems to have a Big Data product, position or solution.
February 7, 2012 11:58 AM
The salient fact is that Big Data is messy. Financial practitioner’s worst fears are spending more time processing and cleaning data than analyzing it.
February 1, 2012 11:15 AM
As latency rates decrease, a big weakness for HFT is time. Software-based HFT systems have given way to collocated hardware solutions, which has the trading strategies burned in. Time and effort required to change the systems skyrocket, yielding ultra-low latency trading systems with high latency change cycles.
December 12, 2011 10:50 AM
When it comes to a firm’s technology decisions there is always the overarching question… What do we buy vs. what do we build? How do we determine the cost benefit model of that decision? In lightning fast markets with razor thin margins how do you prioritize a business strategy?
November 30, 2011 11:06 AM
Global regulators are once again under pressure to provide an explanation of the whipsaw volatility in the equity markets. There is growing vexation among traders and investors.
November 16, 2011 01:47 PM
In this interview, Mike O’Hara talks to Thomas Chippas, Managing Director and Head of Quantitative Prime Services for Barclays Capital, who is based in New York.
November 14, 2011 01:25 PM
There’s no doubt that today's high speed capital markets and cross product, cross market trade volumes mean regulation struggles to keep up with changes in the market.
November 8, 2011 10:24 AM
The cornerstone of any product is recognizing the right mix of technology that provides the capabilities and features that resonant with the market and fit the needs of customer’s requirements like a hand in a glove...
November 2, 2011 11:14 AM
In this interview, Mike O’Hara talks to Eric Scott Hunsader, Founder of Nanex LLC, the US data feed company, about the explosion of data in the US financial markets...
October 6, 2011 12:32 PM
Research is the cornerstone of technological change and innovation. Research is the process by which science investigates and analyzes to yield conclusions...
September 15, 2011 10:17 AM
In recent months, a plethora of articles have remarked on elevated levels of market volatility, while simultaneously pointing out that computers generate an ever-growing share of the market’s volume.
September 13, 2011 10:14 AM
In this interview, Mike O’Hara talks to Hirander Misra, co-founder of Algo Technologies and a founding Director of the phenomenally successful MTF, Chi-X Europe.
September 6, 2011 11:50 AM
There have been some heated public debates recently about the kind of liquidity that is being provided by high frequency trading.
September 5, 2011 07:46 AM
In the volatile days of August a steady rain of accusations fell. High frequency trading bore the brunt of abuse for the market’s irrational behavior from pundits and media alike.
August 23, 2011 12:50 PM
UK hedge fund Derwent Capital has bet 25 million pounds that Twitter can predict swings in the Dow Jones Industrial Average with 87 per cent accuracy.
August 1, 2011 02:59 PM
"The only thing new in the world is the history you don’t know", said by Harry Truman. A commentary that rings true even today in an era that Harry couldn’t have possibly imagined...
July 27, 2011 05:14 PM
I’m working with the team for one of our clients who have built a super application that is deployed widely in the ultra low latency, high frequency trading market providing sophisticated trade routing and execution...
June 27, 2011 10:18 AM
In this interview, Mike O’Hara talks to Niki Beattie, Owner and Managing Director at Market Structure Partners, an independent strategic advisory firm that specialises in capital markets structures.
June 22, 2011 09:11 AM
Sage advice is in ample supply when it comes to trends, whether in politics, fashion or business. You often here “don’t follow trends, start them“, “don’t yield to trends and fads“.