You are viewing all posts by, Chris Lees

former vice president, SunGard’s global trading business

17
Aug
2011

Transforming trading strategies into electrons

Contributor:

What’s truly amazing about a new video on high frequency trading is how a convergence of IT innovations has allowed us to trade nearly at the speed of light. But what is the importance of speed? Is speed the ultimate one-upmanship or just one aspect of something far more profound? As the video points out, sometimes if you move faster, you get more. This is where technology can help us improve upon the original model; even the miracle of human eyesight has its limits thus the need for infrared cameras.... read more

former vice president, SunGard’s global trading business

3
Mar
2011

Start your engines: The future of high frequency trading

Contributor:

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 lines, and when the race day arrives they will constantly drive at the edge of their ability in their bid to win pole position. Speed is everything in this game and anything - from the tilt of a fin to the flow of air over the nose - can give the vital, incremental advantage needed to win. But driving at such speeds carries very serious risks both for the drivers, those around them, the spectators, and ultimately the reputation of the sport. That's why each year the Fédération Internationale de l'Automobile (FIA) issues a set of rules designed to promote safety and fairness between the teams by strictly governing the design and performance of the cars. On February 3rd the FIA published fifteen such technical rules for the 2011 season - four based on safety considerations and eleven addressing fairness. Together they control detailed technical specifications such as the placement of rear-view mirrors, minimum chassis height and the aerodynamic design of rear fins. Does any of this sound familiar? ... read more

former vice president, SunGard’s global trading business

21
Dec
2009

Ten trading technology trends and tools for 2010

Contributor:

I saw this article in Securities Industry News on the Ten Trading Technology trends for 2010 and while I was interviewed for the article, I would like use this blog post to expand on some of the topics discussed. When thinking about technology trends, most people are trying to predict where the next big investment lies and which technologies will gain the most momentum in the upcoming year. In my opinion, the major theme of 2010 will be capacity. ... read more