The SEC’s proposed Regulation SCI is intended to protect market technology from outages and technical glitches. But industry commentators contend the rule doesn’t include all market participants and underestimates the implementation costs. Here are five areas that market participants would like to change.
The race is on to reconfigure or implement ongoing position management capabilities, specifically as it relates to extraneous agency positions, writes Daniel Parker of SunGard's capital market business in the second part of his series on the Volcker Rule.
As electronic trading in OTC derivatives takes place on swap execution facilities, market participants will increasingly rely on technologies like smart order routing, algorithmic trading, market making order management, and DMA, writes SunGard Front Arena's Tim Dodd.