Trading systems news and analysis articles

Derivatives

A threat to the Ion throne?

Banks need connections to e-trading venues; they don’t want the other services that come with them

08 Jan 2019

Technology

ETRM and CTRM in the AI, machine learning and algorithmic trading ecosystem

27 Nov 2018

Regulation

Compliance preparations amid uncertain rules

A forum of industry leaders discusses how banks will define individual trading desks under FRTB, whether BCBS 239 compliance projects can help banks meet FRTB risk data challenges, which model validation obstacles banks still face and other key topics

23 Oct 2018

Our take

To Hull and back: a 20-year hiatus in bank e-trading plans

In the 1990s, banks tried to buy automated trading expertise; now, after a long break, they’re trying to build it

07 Aug 2018

Derivatives

Machine earning: how tech is shaking up bank market-making

As banks get serious about e-trading, humans are being asked to give up their secrets to the machines that could replace them

06 Aug 2018

Derivatives

Symphony bots march on Bloomberg

New chat system touted as sales and trading game-changer, as banks build hundreds of add-ons

10 Jul 2018

Original research

Correctness of backtest engines

In this paper, the authors provide tools to test the correctness of backtest engines for setups with at most one entry and one exit.

20 Jun 2017

Risk management

From swaps to software: rivals eye Goldman and JP tech plans

Goldman Sachs and JP Morgan upending years of bank strategy by making systems available to clients

09 Mar 2017

Original research

Nonstationarity of the intraday individual and collective seasonalities of price fluctuations

This paper deals with statistical measures based on high frequency data from stock markets, and in particular looks at how these measures changed according to time, with a focus on before and after the crisis of 2008.