fasterTRADING, held 4 March in London, provided attendees with practical insight into how financial institutions’ front offices are taking advantage of the quad-core processors’ capability, Intel’s investment in Capital Markets, and the Intel technology roadmap.
Attendees discovered how investment firms are re-engineering their trading application infrastructure - as well as significantly reducing their server and environmental footprint.
Click on the links below to listen to the keynote speakers from the day.
The relentless race for faster execution on an increasing number of venues – from established brand exchanges to ECNs, MTFs and Dark pools continues – and technology is the enabler.
George Andreadisof Credit Suisse opened the session outlining the challenge for a tier 1 sell side firm to offer competitive DMA services on the new markets as they arrive on the scene.
A post MiFID Europe opens up the market to new venues, and the need for firms to ensure best e3xecution.
Peter Randall, CEO Chi-X then elaborates on his arguably the most successful new venue and showed recent liquidity on the MTF and its now strong and recognised rivalry to the traditional exchnage3 franchises.
Kevin Houstoun, applying his FIX and financial messaging background takes the journey a step further with a description of BIDroute, which as it says on the tin, is exactly that – a new service to host bids for sell side liquidity – another interpretation of the opportunities for new buy and sell side services which become tangible from low cost, fast time to market open technologies.
Switching to technology –Tony Bishop, representing sponsors Verari and talking from his experience at Wachovia took the audience through the complexities of technology selection and deployment, andDimi Ziakisof Intel closed the presentation sessions with discussion on the silicon based innovative contribution coming from the processor with ever more power, speed translating to reduced latency in the trading context.
The panel of sponsors and commentators followed withDarshan ChandaramaBEA,Ian FlennerReuters,Andy BachNYSE Euronext,Sean NorrisFujitsu Seimens andRoger StoeszeVerari. The précis of the panel discussion was for continued rapid evolution of the landscape, replacement of legacy compute environments with lower cost, more flexible systems and the emergence of new service intermediaries – pre and post trade which will challenge and replace the status quo as we know it today – in a quest for fasterTRADING.