Technology now comprises a big part of today's trading landscape, perhaps most of it. Beyond just automating what used be to manual tasks, technology has encroached well into the "thinking"; parts of a trader's job. The key question for firms is where to draw the line. How much of the human touch should they outsource to machines?
Active traders feast on volatility, and as global securities markets continue to trend toward the placid side, the appetite for fluctuating valuations remains keen.
Checking the Unchecked How a Key Market Access Rule Laid the Foundation for A Stronger Financial System
Douglas Craig, Senior Product Manager at Fidessa, discusses how the equities industry has managed the market access rule and how it ultimately helped strengthen the integrity of trading.
One bank's research suggests the market is ripe for a selloff.
Commissioner Scott O'Malia of the Commodity Futures Trading Commission (CFTC) is on a mission. He says the process of writing new over-the-counter derivative contract rules needs more transparency. Over the past year he has repeatedly called for more roundtables and public comment on how rules are written. Why is this important? Because these rules, among other things, will determine which OTC derivative contracts must go through a clearing process and which ones can continue to use the old bilateral, dealer-to-dealer model.
Fresh-faced yet experienced graduates are entering investment firms in strong numbers. Traders looks at this crop of bright young things and the new skills and placing new demands on the buyside.
Some unintended consequences from the credit crisis of 2008 and the regulations that followed have come to light. Also, buyside firms are gathering their traders to rate the research and execution services from the sellside in relentlessly thorough scoring sessions.
High-frequency traders and supporters claim that HFT is helpful to the equity market. The data presents a starkly different story.
Once the fight for new regulations settled down, an unintended victor has emerged: the data and data systems used by today's traders.
Over the past year, the liquidity in emerging currencies grew in fits and starts quarter to quarter. Traders asked FX veterans for their outlook on the next 12 months.