Latest Commentary

Buffet's move to end Business Wire direct feeds highlights increasing HFT scrutiny

A few weeks ago, a Wall Street Journal article detailed the milliseconds-long advantage that high-frequency traders were getting from press release dissemination companies Business Wire and Marketwired. Through paying top prices for direct feeds, high frequency traders were getting press releases less than a second before they were released through traditional news outlets like Bloomberg, Thomson Reuters and Dow Jones, but it was early enough for the tech-savvy firms to execute trades before the news was out.

 

Good day, swaps e-traders

The much anticipated day when certain swaps will be required to be traded on electronic platforms, or Swaps Execution Facilities, is now here. For swaps, today marks the start of a new phase of evolution. Like any evolution, how quickly change occurs will depend on a variety of environmental and behavioral factors.

 

Big data meets equity research

Will equity research analysts evolve into data scientists, applying big data analytical tools to model markets and stocks? According to an article on Tabb Forum, they will if they have good survival skills.

 

Artificial intelligence: the softer side of big data

Big data has been the rage for years now but it tends to have the reputation for being more of a middle or back office type of technology. The idea that massive amounts of data crunching can yield new business insights is appealing. The image that comes to mind is that these insights are uncovered by powerful computers conducting computationally intensive analysis in remote data centers.

 

The other side of regulations: collateral management

As regulations go into effect throughout the derivatives industry, much attention is being devoted to shifting trading requirements as the industry moves from bilateral trading to a world where trading will be conducted increasingly on electronic platforms. But a new report from the Depository Trust and Clearing Corp. shines light on other aspects of the regulations that may be just as impactful as the new trading venues.

Cyber criminals and the art of disguise

One lesson learned from the Target credit card scandal is that hacking, once perhaps considered primarily an IT problem, has now been elevated to a business problem. This is highlighted not only by the costs of the Target scandal, but by the sophistication of the cyber-hacking techniques and the evidence of pre-meditated criminal strategy employed by the perpetrators.

Awaiting the dawn of a new day for swaps trading

The OTC swaps markets spent much of last year preparing for a trading revolution. News reports indicate that the revolution is about to begin.

 

Evangelizing fixed income automation starting from post trade

About a year ago, there was a lot of buzz around the idea of "The Great Rotation" when investment would rotate out of low-yield bonds and into stocks. That movement doesn't seem to have occurred in the massive form that the name "Great Rotation" implies, but what if some event spurred a lot of reshuffling of investments around the bond market? From a post-trade perspective, it could get messy.

 

FierceFinance is now part of FierceFinanceIT

Technology drives an ever-increasing portion of the investment, trading and asset management sectors. That's why we have made the decision to merge sister publication FierceFinance into...

Ringing the opening bell on a new year

Welcome to a new year of FierceFinanceIT. We are looking forward to continuing to watch many of the big stories of 2013 that will continue to grow and develop in this new year – the emergence of SEFs, the effects of the Volcker Rule, the bond market's various efforts to find new ways to embrace electronic trading, to name a few.