Category: In the News

WS&T – Sell-Side Equity Technology Gets Smarter in 2010

So, the sell side will continue to invest in infrastructure to grow capacity as the market demand for trading U.S. equities grows, but McPartland predicts it will look for smarter ways to do this and that growth will be smaller in 2010 than in the past. Full Article Here [youtube=http://www.youtube.com/watch?v=lyVyJD2vXdM]

Business demands to outpace trading tech budgets in 2010

McPartland argues that because a completely virtualised and highly utilised infrastructure is still years away for sell-side equities technology, a large gap exists between what is currently possible and actually done. In that same vein, cloud computing will be a part of equity IT strategies in the future but security concerns leave it more interesting […]

Securities Industry News – Ten Trading Technology Trends and Tools for 2010

Networking (both intra- and inter- data center). Growing market data message rates and shrinking latency have made networks a key focus of the sell side, said Kevin McPartland, senior analyst with the Tabb Group.  “Upgrades of data center network equipment and purchases of long distance bandwidth will accelerate driven by current bandwidth requirements and future […]

Reuters – CME to launch CDS clearing house, signs 8 big banks

“The buy side seem to like the CME model more than ICE,” said Kevin McPartland, senior analyst at TABB Group in New York. “There is a lot of buy-side volume that hasn’t touched a clearinghouse yet, so everybody is essentially starting from zero.” http://www.reuters.com/article/idUSN0310556220091203

Bloomberg – Geithner Backs Limited Exemptions to Derivative Rules

“This is not a good direction,” said Kevin McPartland, a senior analyst in New York at financial-market research and advisory firm Tabb Group. “It must be the clearinghouses that decide, or we could end up with clearinghouses clearing products they don’t feel they can properly risk-manage.” McPartland said the “Dodd bill seemed to have the best […]

Futures – Next Step For OTC Regulation

Kevin McPartland, senior analyst at Tabb Group, doesn’t think position limits will force U.S. business overseas. “There is some level of harmonization between the U.S. and regulators in Europe. They’re trying to not create a situation where there’s a lot of regulatory arbitrage. The regulations, although different, won’t be [so] extreme in one jurisdiction that […]