ION Markets
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The structured, the nimble, and the delegator.
A tale of data from the BrokerTec migration to CME. Measuring the size of the BrokerTec migration to CME Globex...
Similarities between Apple’s new M1 chip and a trading system design?
I started my new Apple Mac with its new M1 processor this morning and I was simply amazed by its...
Low-Touch woes vs Restaurant Wars
The other night, I was rewatching an episode from the popular US TV show ‘Top Chef’, where contestants form teams...
The easy way to make your trading apps work together as one
Trading is a complex business. In fast-moving, competitive markets, traders need to process a lot of information to make their...
Back to Front in Cleared Derivatives
Imagine a world where the connections between the front office, middle office, and back office all click together seamlessly and...
Regulatory challenges of trading Asian equities and the growth of the Swaps market
When trading equities around the world, most investors understand the developed markets of Europe and North America. However, when it...
Should a software house still invest in technology?
I was reading an article on how LinkedIn uses Kafka to do its magic (at scale). Not a big surprise...
Back to school for MiFID II
The review of MiFID/MiFIR is now well underway following the regulations’ 2-year anniversary in 2020. In their most recent consultation...
Driving customer excellence
How a business develops its products and delivers its services often depends on how its teams are structured. For example,...
AI: Paving the way towards perfect STP rates
The last decade has seen a remarkable rise in applied artificial intelligence (AI), enabling computer systems to mimic human-like performance...
For those obsessed with quality
Have you said “wow, this is exactly what I wanted” recently? What made you say it? More on that later ....
All algos are not equal
Algorithms have made their way into our daily lives, from optimizing our inboxes to ordering our groceries. They often model...
Asset management in the cloud: A choice or a transition?
As on-premises solutions have gradually given way to hosted services, we’ve now been watching the rise of the cloud for...
Correlations hurt your decision-making (not just your portfolio)
Decision-making in contexts that aren’t always easy to predict —such as investment—is challenging, especially during uncertain times. But one often...
Doing a UX re-design for your product
“It is not the strongest of the species that survives, nor the most intelligent. It is the one that is...
The road to SaaS and other myths
Some estimates say that in a few years SaaS will be the preferred business model for most applications. I believe...
The future of trading system display technology
Following my recent article on trading screen design, I had many comments about what technology would be coming next! This...
Brexit: Liquidity shifts post transition period
After a difficult 12 months, Brexit finally happened. However, the equivalence many hoped for was not granted to UK finance...
Is traditional D2C repo dying?
As D2C repo goes electronic, having the right systems in place will be crucial for repo dealers wishing to nurture...
Finding investment opportunities while remaining compliant in a volatile new world
When I meet regulatory and investment compliance officers in the asset management industry, I find they’re more concerned than ever...
Brexit: Cross-border trade publication
Under MiFID post-trade transparency rules, equity trades must be published within a minute for market price-forming purposes. In practice, this...
How FX businesses can boost customer loyalty and profitability by using data intelligently
Digital transformation in the FX industry has changed how customers use FX services and execute trades. FX firms are moving...
Partial settlement: The CSDR effect
Does your secured funding business support partial settlement? Or rather, can it afford not to? The European Central Securities Depositories...
A state of FLUX: How findings led UX helps us create the solutions our users really need
If you had 1 hour to solve a problem, what would you do? You might take Albert Einstein’s advice and...
A new asset class comes to town!
We often hear in the press of new trading venues, and in more recent months trading venues merging, but rarely...
Voice trading after MiFID and COVID: It’s time to stop worrying and embrace digital transformation
Voice trading has undergone major changes as a result of regulatory reforms. MiFID II has had the biggest impact. To...