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.…

Trader's – High-Frequency Trading Is a Tough Game

The cost of the technology and infrastucture needed to support high-frequency trading is “tens of millions of dollars” per year, according to Kevin McPartland, a…

The Economist – Over the Counter, Out of Sight

Indeed, commercial banks in America have pocketed $115 billion from cash and derivatives trading in the past ten years, according to the Office of the…

Bloomberg TV – Innovators: Optimizing Profits

My thoughts on where financial services technology is going along with other industry experts. http://www.bloomberg.com/avp/avp.htm?N=innovators&T=Innovators%3A%20Optimizing%20Profits&clipSRC=FLASH/innovators/innovators_broadcast-optimizing_profits_v3.flv

The Economist – The crucial details of derivatives reform remain elusive

The House plans exclude firms that are not “systemically important” or do not expose their counterparties to “significant credit losses”. But as Kevin McPartland of…

Bloomberg – Regulatory Budgets No Match for Banks in OTC Push, TABB Says

U.S. regulators will need budget increases “orders-of-magnitude larger” than current levels to police trades in the $592 trillion over-the-counter derivatives market, according to Tabb Group…

Waters – All Hail Innovation: Defending high-frequency trading

It used to be the market-makers and specialists who took the brunt of broker complaints that prices were fixed and the market was inefficient. Now,…

NPR – Obama Plan to Rein in Credit Default Swaps

Mr. MCPARTLAND: Reporting requirements will provide a lot more transparency to regulators as to who is doing what and who holds what positions. KESTENBAUM: Would…