Open outcry: A renaissance?
“Trading floors represent a different way of doing things, not a worse way, not an inferior way. A different way of doing it - there’s value in that,” says one market expert.
“Trading floors represent a different way of doing things, not a worse way, not an inferior way. A different way of doing it - there’s value in that,” says one market expert.
The regulators have paid special attention to the implementation of pre-trade controls in the EU since the 2022 flash crash having gathered evidence from a sample of investment firms prior to this launch.
Sylvain Thieullent, CEO of Horizon Software, has strong feelings on why technical exchange glitches simply should not be happening in today's digital environment.
US and European regulators look set to be taking starkly different stances on the contentious practice of paying for order flow.
The research project looks to apply the concept of stochastic control theory to address operational execution issues in financial markets using artificial intelligence.
The past week saw appointments from CME Group, Outset Global, State Street, Horizon Software and Citi, as well as a departure from UBS.
Incoming CTO joins Horizon Software from rival trading systems vendor Itiviti, recently acquired by Broadridge.
The addition will give its hedge fund clients the opportunity to trade spots and futures cryptos.
New platform will allow clients to optimise their running cost and implement cross business logic such as internalisation or credit risk book.
Horizon and Santander Polska first collaborated in 2019 to bring market making in equities and derivatives on the Warsaw Stock Exchange.