Fat fingers (or weight-challenged digits to my politically correct friends) have had a good run lately. First we heard that Deutsche Bank had to close its quantitative trading desk in Japan after an automated trading system misread equities market data. The system generated a massive sell order that...
It was an honor to sit on the CFTC Technology Advisory Committee (TAC) last week. The CFTC is the US regulator for derivatives trading – which is a big area. The topic of the first meeting of the TAC was to understand Algorithmic and High Frequency Trading – and its impact on the market. The CFTC is...
It was an honor to sit on the CFTC Technology Advisory Committee (TAC) last week. I was very impressed with the presentations and discussion, chaired ably by Commissioner Scott O’Malia. I was also impressed by the other Commissioners and with my fellow committee members. This week the CFTC has...
I've mentioned Amazon EC2 a few times here. But did you know that you could build your own elastic cloud infrastructure instead of using Amazon's?
Eucalyptus is software that was...
Last week met with a journalist (Dy.Editor, Murali) from a leading business newspaper in India (Hindu Business Line). We talked about many things that...
Yesterday the CFTC, the regulator in charge of Futures and Options markets, announced a new Technology Advisory Committee (TAC), chaired by the very capable Commissioner Scott O’Malia. Read the complete...
On Friday last week I visited Progress customer, Royal Dirkzwager, in the Netherlands. It’s nice to be able to talk about a customer publically - Dirkzwager have been a generous public reference for some time. This was my first visit to their...
A few weeks back we attended the SIFMA Financial Services Technology Expo in New York City. Though I wasn’t able to attend, the rumors in the hallways are that it was a very successful, and fun, event. Bummed I missed...
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