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Fixed Income Trading: New venues

A simple question came up recently in a conversation – how many new Fixed Income trading venues are there?  I could not think of anywhere th...

Saturday, 20 June 2015

Sell-side Fixed Income connectivity reference implementation

Within the world of Fixed Income we are seeing a rapid proliferation of new venues that are attempting to bring about structural change in the Fixed Income market place.  How does a sell-side operate in this new paradigm of Fixed Income trading venue proliferation?

One impact is that the typical sell-side connectivity implementation faces structural difficulties.  In the past a sell-side would typically use a well known vendor for all of their connectivity or build in-house.  In either case the implementation would be expensive to run and not very flexible.

Tuesday, 9 June 2015

HTML5 postMessage as a "form" constructor - gotcha!

In most trading applications there is a requirement for a rich user experience. If the back-end works but the UX looks like a dogs breakfast the system will not be well regarded.  Typically within a trading system such as an OMS or EMS there is a blotter with drill down and a form based order entry paradigm.

The Enterprise FinTech Start-up...

The recent "news" of a Sungard IPO spurred a conversation on the topic of fintech startups.  The specific category of interest here is the firm that sells enterprise IT.  This is about the "Enterprise Fintech Start-up", hereafter EFS.

ISIN+MIC is not enough

Following on from an earlier post "The market data product that the global financial services industry really wants..." I was having a debate with an old chum.  He suggested that I was mistaken and that in the exchange traded equity world all you need is ISIN+MIC to identify any instrument.

Wednesday, 3 June 2015

Cursors and the evil that men do...

I had almost invariably been told by DBAs of my acquaintance that cursors are evil, a monstrosity born of desperation by the clever people who design relational database management systems to allow mere mortal users to work outside of the pure set based logic that rules within the realm of SQL.