Wall Street & Technology is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

News & Commentary
Content tagged with Trading Technology posted in May 2013
Structural Change In The Credit Markets
Commentary  |  5/31/2013  | 
An 80-ton boulder that has only started to roll.
With Job Candidates Lacking Skills, Wall Street Turns to Boot Camps
News  |  5/31/2013  | 
Despite spending $100,000 on an education, graduates still need to take spreadsheet analysis courses. Shouldn't schools teach students how to use a fundamental business tool?
How Can Firms Avoid the Next News Hoax? Voice Communication Over Automation
Commentary  |  5/31/2013  | 
Voice communications can make all the difference between falling for a hoax and dodging it.
Why Public Opinion Matters, Even For System Testing
News  |  5/30/2013  | 
As financial institutions face more and more regulations, public opinion can be swayed depending on how systems testing professionals respond to regulatory pressures.
TIBCO Cloud Bus Integrates Cloud and On-Premise Applications
News  |  5/29/2013  | 
As financial firms transition to the cloud, a new application allows some data to be stored on premises while other data is stored in the cloud.
Citi Launches Open and Close Algos in Major Trading Tech Upgrade
News  |  5/28/2013  | 
Citi introduces new functionality that helps buy side clients participate in the key minutes around the opening and closing market auctions as well a redesigned order ticket and smart order router.
Five Key Risks for Firms in 2013
Commentary  |  5/28/2013  | 
While the detailed risks run by firms are unique, there are a series of high-level risks which all financial services firms, no matter what their sector or geography, need to consider.
Trying to Ease the Pressure: System Testers in the Spotlight
News  |  5/28/2013  | 
Following a few high-profile trading system failures, financial firms are placing more emphasis on testing, and pressure on personnel.
Czech Republic's RSJ Chooses KX Systems for Algo Trading
News  |  5/24/2013  | 
A big derivatives trader on NYSE Liffe and other derivatives markets, RSJ is using KX's high-performance database and language to collect and query vast quantities of data and to test models and strategies.
Making the Case for Automated FIX Certification
Commentary  |  5/24/2013  | 
Manual certification of FIX connections is no longer an option as exchanges are phasing in automated processes to improve testing ahead of new regulatory guidelines.
CFOs Increasingly Cite Technology As Critical For Success
News  |  5/24/2013  | 
Big data, analytics and reducing IT maintenance costs are all priorities for CFOs, according to study.
Bloomberg Releases FX Chat Tool To Meet Compliance Demands, Gain Efficiencies
News  |  5/23/2013  | 
FX market participants can use IB Dealing to negotiate prices and can integrate chat data with Bloomberg's FX trading platform.
Surprisingly, Financial Services Workers Achieve Work-Life Balance
News  |  5/22/2013  | 
Study finds that U.S. workers have been able to achieve a work-life balance, but still feel like they are underpaid, according to an eFinancialcareers.com survey.
It's More About "Wide Data" Than Big Data
News  |  5/21/2013  | 
Financial services organizations know that they can handle vast amounts of data, since they have been doing it for decades. To succeed with big data initiatives, firms need to think of data's breadth and reach across an organization.
Prosecutors Circling, SAC Hedge Fund May Shut Down
News  |  5/21/2013  | 
After several high-profile arrests for insider trading, the head of the rich yet beleaguered SAC hedge fund may call it quits to avoid jail time.
A Letter to Anadarko Regarding Its 'Flash Crash'
News  |  5/21/2013  | 
In response to shares of Anadarko Petroleum trading as low as a penny last week, Themis Trading raises questions to Anadarko about the stock's rapid descent in the context of the current market structure.
When It Comes To Big Data, Do The Benefits Outweigh The Risks?
News  |  5/21/2013  | 
Having the systems and capability to process mass amounts of data is a benefit to a financial firm, but the same capabilities could create data security and privacy risks.
Market Structure Drives the Buy Side to Seek New OMS/EMS Systems —Study
News  |  5/20/2013  | 
Buy side firms need sophisticated tools to navigate the market structure as well as analytics and connectivity to alternative trading venues, but cost pressures are an obstacle to upgrading their OMS/EMS platforms, according to Greenwich Associates' study.
When Is Compliance A Competitive Advantage?
News  |  5/20/2013  | 
When compliance is working, it often goes unnoticed and flies under the radar. However, the value of a good compliance program is hard to measure.
The Rich Past and Uncertain Future of the NYSE
News  |  5/17/2013  | 
On the anniversary of its founding, the New York Stock Exchange shows signs of strength in an uncertain world.
Fidelity NetBenefits App Provides Mobile Access to Benefits and Retirement Accounts
News  |  5/17/2013  | 
New mobile app provides a look into Fidelity workplace and personal accounts.
Bloomberg Taps Former IBM CEO As Privacy and Data Advisor
News  |  5/17/2013  | 
Bloomberg announced that it hired Samuel Palmisano to serve as an independent adviser. Hogan Lovells, of Promontory Financial Group, and Clark Hoyt, of Bloomberg News, were also hired.
Bloomberg Spygate Lights Up Twitter
News  |  5/17/2013  | 
News that Bloomberg allowed its reporters to access certain Bloomberg Terminal client data sent the Twitter world on fire. Then, news broke that Goldman Sachs and JPMorgan had contacted Bloomberg asking for an explanation, which fanned the flames. Here are some of the most interesting Tweets about the Bloomberg snooping scandal.
Arialytics Unveils Predictive Analytics Platform
News  |  5/15/2013  | 
Aimed at asset managers and hedge funds, the platform enables investors to test their investment ideas without getting bogged down in data sets and modeling.
Culture Clash: Transparency Versus Proprietary Data at Bloomberg
Commentary  |  5/15/2013  | 
The news media requires transparency and openness, while trading on Wall Street thrives on minimizing information leakage and protecting proprietary data.
Is Your Bloomberg Terminal Spying On You?
News  |  5/14/2013  | 
After Goldman Sachs discovered that Bloomberg journos were keeping track of their viewing habits over their Bloomberg terminals, traders have some decisions to make about the company that provides their market data, trading tools, IM and more.
Financial Conduct Authority Selects Nasdaq OMX SMARTS Integrity for Market Surveillance
News  |  5/14/2013  | 
FCA will use market surveillance technology to monitor financial transactions across asset classes.
Welcome to the New Quants: Data Scientists
Commentary  |  5/13/2013  | 
There's a lot of buzz around the role of the data scientist, which is wrapped up with Big Data and developing new approaches for analysis of financial markets.
EBS Direct is Live with 4 Liquidity Providers
News  |  5/13/2013  | 
Commerzbank, Goldman Sachs, J.P. Morgan and Morgan Stanley have completed trades on EBS DIrect, a new relationship-based disclosed liquidity service with streaming prices tailored to consumers.
Carrier Pigeon or Twitter Bird: The Evolution of Corporate Actions Messaging Efficiency
Commentary  |  5/13/2013  | 
The next evolution of corporate actions processing is underway, with an end goal of providing straight-through processing for industry participants and reducing the risks and costs associated with manual processes — while increasing efficiency through messaging automation.
Big Data Could Transform Global Financial Markets
News  |  5/10/2013  | 
Analytics unlocked by big data technology could change the way that financial services firms do everything from asset allocation to customer service, according to a report from BNY Mellon.
Europe's MTS to Launch an E-Bond Platform for U.S. Institutions as Interest Heats Up
Commentary  |  5/10/2013  | 
The European electronic fixed income marketplace will allow the buy side to directly access prices and execute European and U.S. government, agency, mortgage, and corporate bonds with major dealers.
The Security Holes Investment Firms Are Ignoring
News  |  5/9/2013  | 
Hackers are becoming smarter, more resourceful and more brazen. Is your investment firm fortified against someone who has the power to bring your operations down?
Is Trading Via Microwaves Ready for Prime Time?
News  |  5/8/2013  | 
As traders look for the fastest way to trade, one connectivity provider may have an answer: Sending data and trade orders via microwaves. So, what happens when it rains?
OpUSA Cyber Attacks: More Bark Than Bite
News  |  5/8/2013  | 
Hundreds of smaller sites hacked or defaced, but financial institutions, government agencies and companies reported little disruption.
Nasdaq OMX Now Offers Packet Capture Trading Data Through QView Latency Optics
News  |  5/8/2013  | 
Users can now see minimum, maximum and average packet capture (PCAP) latency data for trade orders on Nasdaq OMX QView Latency Optics product.
Financial Services Trust Index Debuts
News  |  5/7/2013  | 
New quarterly TRust Index leverages proprietary data, analytics, news and social media sentiment to help determine confidence in the world's financial institutions.
Text Analytics: Knowing Customer Sentiment Has Bottom Line Benefits
Commentary  |  5/7/2013  | 
Financial institutions need to do more with data collected during interactions with customers. Text analytics could be part of a complete data analytics solution that providers brokers, advisors and customer service representatives with a better picture of the customer.
E-Trading Finally Takes Over Fixed Income
News  |  5/6/2013  | 
New regulations and low liquidity have fixed income markets going electronic.
Dodd-Frank’s Third Anniversary: The IT Journey To Date
Commentary  |  5/3/2013  | 
The Dodd-Frank Act, which turns three in July, has created more questions for IT departments than it has answered.
HFTs Chase Speed Despite Risks and Regulations
News  |  5/2/2013  | 
Like an addict chasing the next high while evading their family, the police and reality, high frequency traders are in a similar state of denial.
The HFT Debate: Looking for Consensus
Commentary  |  5/2/2013  | 
Although supporters of HFT and its detractors will always clash, market participants agree that one thing has certainly changed: the role of technology in the equities markets.
HFT Debate: Two Experts Square Off On Market Structure
News  |  5/1/2013  | 
Professor Bernard Donefer of Baruch College and Sal Arnuk, Partner at Themis Trading went head-to-head on regulation, technology and politics surrounding the controversial practice of HFT.
5 Reasons a Limit Order Book is Good for Electronic Bond Trading
Commentary  |  5/1/2013  | 
As the US fixed income markets adapt to the exchange-like limit order book (LOB) way of electronic trading, there are a number of ways institutional investors can improve their current RFQ-dominant trade work flow.

Register for Wall Street & Technology Newsletters
Exclusive: Inside the GETCO Execution Services Trading Floor
Exclusive: Inside the GETCO Execution Services Trading Floor
Advanced Trading takes you on an exclusive tour of the New York trading floor of GETCO Execution Services, the solutions arm of GETCO.