Commentary

Robert Schuessler
Traders Magazine Online News

A Smarter Monkey

In this contributed piece, TIM noted that some traders do better than others when using data that has been run through certain analysis - that is, have used some form of machine learning to assist them.

Traders Poll

In his first public speech, SEC Chair Jay Clayton deviated from his prepared remarks and offered his own "off the cuff" comments on market issues. Do you like this change of pace?




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July 27, 2005

Latent Zero Networks

(Traders Magazine, July 2005) -- Latent Zero is going into the network business. The high-end buyside order management system vendor is launching a point-to-point FIX order routing network to transport its users trade instructions to brokers. Latent Zero already performs some connectivity chores for its clients such as FIX certification, but has decided to manage the entire end-to-end process. The vendor's execs offer two reasons for the move. First, they want to grow revenues. Second, they say the sellside, which will pay for the service, wants Latent Zero to take responsibility for the entire message relay process. Latent Zero's move makes it the fourth buyside OMS vendor to latch on to order routing as a way to make extra money. Macgregor has operated a network for nearly a decade. Charles River Development and LineData Services each launched services in the past year.