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?
With profits down due to lower volumes and declining volatility in U.S. stocks, high-frequency traders face growing pressure to find new markets and innovate when speed is not enough.
Buy side firms need sophisticated tools to navigate the market structure as well as analytics and connectivity to alternative trading systems, but cost pressures are an obstacle to upgrading their OMS-EMS platforms, according to Greenwich Associates' study.
Buy side firms need sophisticated tools to navigate the market structure as well as analytics and connectivity to alternative trading systems, but cost pressures are an obstacle to upgrading their OMS-EMS platforms, according to Greenwich Associates' study.
traders on broker coverage, revealed that buy side firms are not completely satisfied with sales traders and that brokers may be wasting resources on analytics and other services.
BlackRock’s deal for BGI will create the world’s largest money manager. But integrating BGI’s automated electronic trading and transaction cost analysis technology with BlackRock’s Aladdin system will require a world-class effort.
New Regulations Rank as Top Risk — DTCC SurveyMay 10, 201382 percent of financial firms responding to a DTCC survey ranked new regulations and the time and resources required to implement new regulations as a top 10 risk facing the industry.
Paladyne Systems Integrates Numerix; Licenses Source CodeApril 30, 2013Paladyne, a Broadridge Company, has integrated the Numerix Portfolio Risk into its front-office solutions to help its clients help manage risk across asset classes with the addition of Paldyne's reference data.
Can Group Finance and Risk Management Get Along?April 26, 2013There is renewed move to integrate finance and risk data at sell-side firms for cash optimization and, equally as important, transparency. So how can you get these two groups to cooperate to achieve a unified view?
Spreadsheet Risk – Should We Ban Excel?April 25, 2013Apparent errors in an influential economic study by two Harvard Professors due to an Excel spreadsheet mistake is another reminder of the operational risks inherent in relying upon formulae hidden in obscure, nestled spreadsheets.
Barclays Unveils Automated Capital Commitment for Algo TradingApril 12, 2013The feature —available for equity algorithmic trading — allows buy-side clients to gain access to liquidity while transferring risk and lowering the cost of execution on each algorithmic order.
The Pursuit of Happiness on Wall StreetApril 11, 2013Material rewards may not be the best way to improve employee satisfaction; helping employees fulfill their goals to lead engaged and interconnected lives will yield better results long-term.
MLK Embeds Risk Analytics from Portfolio ScienceApril 11, 2013Hedge funds using MLK Solutions's data warehouse can access a customizable suite of integrated risk calculations from PortfolioScience across funds, portfolios, sub-portfolios, and individual positions.
3 Steps to Better Risk Management Through Organizational DesignApril 05, 2013Breaking down Information silos, closing the distance gap between managers and employees and avoiding the use of technical jargon are three ways to structure an effective risk organization.
Motivating Traders to Think Beyond ThemselvesApril 04, 2013Banks need to make traders more aware of their inter-connectedness with the lives of the people who support them in control functions, so that they think twice about the risks they take on.
Bloomberg PolarLake Adds Fitch Credit Ratings DataApril 02, 2013Adding Fitch Data to Bloomberg PolarkLake's Enterprise Data Management Solution will give financial institutions an independent view of long-term credit risk to support risk management and regulatory reporting.
Investors Head Back to Safety of Bonds — PollMarch 28, 2013Global investors grew more cautious this month, reacting to the crisis in Cyprus by adding to safe-haven bond positions, though cash buffers fell to a two-year low, Reuters monthly poll of asset managers showed on Thursday.
JP Morgan and Heuristics – Lessons from the WhaleMarch 26, 2013JP Morgan's decisions in handling the London Whale incident can be traced to a series of cognitive biases and limitations, writes Andrew Waxman, who analyzes bank executives' responses based on the work of psychologist Daniel Kahneman.
ECB Gives Cyprus Bailout Ultimatum, Banks Face CutoffMarch 21, 2013The European Central
Bank gave Cyprus until Monday to raise billions of euros to
clinch an international bailout or face losing emergency funds
for its banks and inevitable collapse.
Funding the Bad Guys – Winning the AML BattleMarch 20, 2013Successfully preventing terrorist networks and drug traffickers from utilizing the financial system to launder money will require greater cooperation between banks and law enforcement.
Capital Markets Cloud Adoption: Food for Thought or Empty Calories?March 19, 2013NASDAQ OMX conducted a survey of 44 capital markets firms and technology providers in February 2013, to determine cloud adoption rates, activity and existing concerns inhibiting adoption.