Download new 8-page briefing from Wey Technology and A-Team Group
In today’s financial markets, trading firms face constant pressures in a fiercely competitive environment. Providing best execution and superlative customer service is fundamental to attracting order flow. Running trading operations efficiently is also an imperative, to minimise costs internally and to offer best value to customers. Despite the increase in recent years of automated and algorithmic trading, the human touch is as important as ever in financial trading. Traders bring a wealth of experience to the art of trading, even when it is driven by computer-generated indicators. Their experience and relationships are vital to seeking out liquidity and efficient execution.
Trading operations overall need to be agile and flexible in order to meet ever changing demands and to rapidly exploit business opportunities. The regrouping of traders to react to – even pre-empt – market demand, requires trading positions that can be immediately configured to individual trader’s preference and information needs. At the same time, management and operational costs of trading operations need to be driven down in reaction to the ever downward pressure on margins. Whether costs are reduced through sharing of information services, through a reduction in maintenance costs, or change management costs, it all adds to the bottom line.
It’s said that market data is the lifeblood of financial markets. Today, there’s more of it than ever before, and it’s delivered at sub-millisecond rates. It’s an important resource that needs an increasingly important resource to manage it.
Download new 8-page briefing from the GoldenSource and
An exponential expansion of market data volumes in recent years has been caused by the confluence of a number of technology and business drivers – from the emergence of electronic communication networks (ECNs) to the advent of smart order routing systems and algorithmic trading engines. Coupled with the increasingly divergent data sets needed to support complex decision systems, there is now a requirement for high performance data management infrastructures throughout the enterprise supporting high frequency automated trading as well as traditional market data processing functions like securities master file updates, risk analysis, and back-office trade support.
Over the past couple of years, Complex Event Processing has emerged as a hot technology for the financial markets, and its flexibility has been leveraged in applications as diverse as market data cleansing, to algorithmic trading, to compliance monitoring, to risk management. CEP is a solution to many problems, which is one reason why the emerging marketplace is growing, with many vendor options to choose from.
Download new 12-page white paper from the London Stock Exchange and A-Team Group
