March 17, 2008 Issue Abstract
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Focus on Latency: ‘Predictable Reliability’ Becomes the New IT Mantra For Advanced Trading as Milliseconds Matter. After recent regulatory stimuli favoring best execution of trades, volumes of market data that have to be analyzed are rising sharply. At the same time, new challenges for reducing latency in trading have pushed market participants to co-locate their servers at or as close as possible to exchanges, and to develop new approaches to increase trading speed.
Industry Alert: Buy-Side Group Outlines Risk Management Best Practices. Governance, investment and operations personnel in the securities and investment industry will all have to adhere to certain principles to best manage risk, according to the Buy Side Risk Managers Forum and Capital Market Risk Advisors, a consultancy.
Spotlight:
Ravi Narain, Chief Executive Officer, National Stock Exchange of India
Ltd. Launched in 1994,
Data Management Innovation: Truviso’s Streaming Views Aid Hedge Fund’s FX Trading. Hedge fund FX Concepts needed a handle on real-time streaming tick data, and turned to the streaming engine within the data analysis tool provided by Truviso Inc., which also is forging partnerships with entities such as Reuters, Tervela, GoldenGate Software and Hotspot FX.
European Market Monitor: Market Crisis Leaves Europeans Wary of e-Trading. Progress in adopting electronic trading among European fixed-income firms nearly stopped dead in its tracks as a result of last summer’s credit crisis, according to a survey of European fixed-income firms by the European Primary Dealers Association.