Our Customer Spotlight series showcases the innovative ways our clients are using Xignite’s Cloud APIs to power their applications. FIX Flyer develops advanced technology for managing complex, multi-asset, global institutional securities trading with over 170 clients worldwide, including UBS, Barclays, Berenberg Bank, GBM, Bank of America Merrill Lynch, Goldman Sachs, and JP Morgan. They have pioneered several cutting-edge ideas such as applying the FIX Protocol standard to the wealth...

We’ve all noticed “main stream” media, the blogosphere, and traditional business media taking up the discussion on the perils and opportunities of High Frequency Trading (HFT).  One element that seems to be missing in these discussions is the appreciation of the important differences between “Trading” and “Investing.”  Much of the debate seems to center on the “fairness” involved with HFT trading, but rarely on any potential...

I was flattered to be interviewed for InfoQ at QCon London.  It was a fun interview actually, and didn't feel anything like the half an hour it actually took.  In it, I get to talk about Agile at LMAX, the Disruptor (of course) and diversity in IT (again).

Between our events and our blog, we at Camp TradeTech spend almost OCD-levels of time looking into trading regulations and it’s certainly one of the main topics you, our industry bretherin, our most concerned about. One of the big boys of the debate, and one of the ones who’s effects are being seen the soonest, is of course our good friend Dodd Frank. The Dodd-Frank Act signifies the biggest US regulatory change in several decades. According to our industry colleagues, Dodd-Frank...

“You should not put your own money at risk,” Rep. Barney Frank said to federally-insured banks Wednesday on CBS This Morning. “We now have a stronger argument for a Volcker Rule that says ‘No’ to a bank: ‘Your main job is lending and managing the money of your clients.’” Frank’s argument got a shot in the arm last week when JPMorgan revealed that a set of trades aimed at hedging wound up costing the firm more than $2 billion. The bungle may have also tipped the industry’s hand. A bank using its...

Here's a video of my Open Conference session on the business benefits of open sourcing your software.  Given that the conference was at a weekend and had a very intimate feel, I think I was a teeny bit more honest than I usually am.  Enjoy. Why Open Source Your Secrets View more presentations from Trisha Gee.

 
The process of algorithmic trading has been debated by a wide number of experts in the financial sector in recent years, yet the debate is far from losing momentum – in fact, it’s hotting up thanks to the onset of the plethora of new regulations.
Although many companies have taken advantage of its benefits, it has also come in for criticism in some quarters.
One of the organisations that has spoken out against the practice is the Dutch markets regulator AFM, which has...

An Interview with Mark Gorton
 
In this interview for the HFT Review, Mike O’Hara talks to Mark Gorton, Managing Director and Founder of Tower Research Capital LLC, a proprietary trading firm based in New York that specializes in quantitative trading and investment strategies.
 
HFTR: Mark, welcome to the HFT Review. Can we start with you telling us a little about your background?
 
MG: Sure. I originally studied electrical engineering at Yale and then later got a...

As some of you have already seen, the clever chaps back at Fidessa Labs have created a live version of our award-winning Fragulator. This enables you to watch the ebb and flow of fragmentation for any European stock or index on a real-time basis (sorry, no other markets just yet). As you can see below, it was especially useful last Tuesday when Deutsche Börse had a hiccup and delayed its opening by 80 mins. The absence of trading during the outage proved, yet again, that the market is still...

A look into the potential pitfalls of EMIR in the DACH region with Mark Goodmann is Head of Electronic Services – Europe at Société Générale Corporate & Investment Banking. Mark is a man with his fingers very much on the pulse when it comes to the latest financial regulatory reforms. One of the more recent ones to make the pink papers is EMIR (European Market Infrastructure Regulation) so we at TradeTech DACH set some questions to Mr. Goodman to find out what the possible – if not intended...