Opinions

• BATS to LSE: Competition is Essential to Efficiency, Resiliency of Global Market
  In an email to the industry, BATS CEO Joe Ratterman discussed why compeition is essential to the efficiency and resiliency of the global markets.
• In the Race for Low Latency, Don’t Forget the Trader
  
• OTC Derivatives: A Work in Process
  The good news is that institutional brokers' innovation in structured finance and other OTC derivatives continues to grow and meet investor demand. . The bad news is that understanding the new risks of this market will take some more time, and probably few more trillion dollars in capital losses.
• The Time Has Come for Fixed-Income Electronic Trading
  In some regards, nothing has changed in the fixed-income trading space to warrant electronic trading. On the other hand, however, everything has changed, signaling that the time may be right for e-trading.
• The Lessons of Risk Management
  

Research

• Algorithmic Trading in FX: How Far Can It Go?
  
• EMS and OMS: Integration on the Horizon?
  
• The Impact of DMA in India
  
• Electronic Trading: The Latency Challenge
  
• The World According to Quants: Enter Alpha Generation Platforms
  A new report from Aite Group focuses on the emergence of alpha generation technology platforms, designed to create a more centralized and streamlined process and functionality, vastly improving the overall productivity of quants.

1. The Top 10 Quant Schools, According to the Street
2. Agency Brokers Go On Hiring Binge to Launch Fixed-Income Desks
3. High Frequency Trading: Red Flags and Drug Addiction
4. Anatomy of a Buy-Side Trader
5. Source: Ten or More Face Possible Madoff Charges
6. NYSE Reduces Order Execution Time to Five Milliseconds, From 105 Milliseconds
7. Algorithm Overload
8. Brokers End Talks to Acquire Cogent Consulting’s Commission Management Software Firm
9. A Look Inside the NYSE/DTCC Derivatives Clearing Venture
10. Exclusive Interview With NIck Leeson: An Inside Look at Rogue Trading