Daniel Lee, business director, DBS Vickers Securities, discusses technology and efficiency in the changing Asian agency brokerage business.
Monthly Archives:: March 2011
“A DAUNTING TASK” – REGULATORY READINESS: THE DATA MANAGEMENT CHALLENGE WEBINAR RECAP
Author: Tony Scianna, executive vice president, SunGard I recently participated in a webinar with DerivSource that tackled the topic “Regulatory Readiness: The Data Management Challenge.” You can now hear the playback on the DerivSource website, and I thought I would provide a brief recap to highlight some of the key points I discussed with Anshuman [...]
AWAITING THE REGULATORY FLOOD
The MiFID II consultation period is closed and we now await the legislative proposals. What are the main implications for brokerage firms and their technology planning? It seems clear that ESMA (European Securities and Markets Authority) will impose greater convergence of policy than its predecessor, the Commission of European Securities Regulators. The European Commission believes [...]
THE EVOLUTION OF ELECTRONIC TRADING: WHEN IS FAST, FAST ENOUGH?
Over the past year or two, a lot of digital ink has been devoted to technology wars that are re-shaping our capital markets. The terms latency, low-latency, ultra-low latency; high-frequency trading; algorithmic trading; naked-access: they have all entered our lexicon. We have gone from measuring execution times in seconds, to milliseconds, to micro-seconds and nano-seconds, [...]
OTC DERIVATIVES AND THE QUESTION OF WHEN
Author: Tony Scianna, executive vice president, SunGard
It had been a while since I participated in a Twitterview – a real-time interview via Twitter – so I was glad to have the opportunity to join TABB Group’s senior analyst Kevin McPartland in yesterday’s “DerivChat” conversation. SunGard’s own director of analyst relations, Alyssa Gilmore, moderated the discussion, which focused on OTC derivatives.
During the Twitterview, Kevin and I discussed the…
START YOUR ENGINES: THE FUTURE OF HIGH FREQUENCY TRADING
On March 27th the 2011 Formula 1 season kicks off with the Qantas Australian Grand Prix. Each of the teams will have spent untold millions of dollars refining their cars to be as fast and as aerodynamic as possible. The drivers will study the tracks and other drivers carefully, plotting and memorizing the optimal driving [...]
SOME IMPLICATIONS OF EXCHANGES CONSOLIDATION
The world’s major stock exchanges are involved in another wave of mergers: Deutsche Boerse intends to pair up with NYSE Euronext, and the London Stock Exchange has announced that it is to combine with Canada’s TMX group. Meanwhile the takeover of ASX by Singapore’s SGX faces political opposition in Australia, but the two exchanges are [...]