Tag: electronic trading

SIN – Budgeting for Latency: If I Shave a Microsecond, Will I See a 10X Profit?

The trick is to make sure the money being spent to remove delays will be more than reimbursed by the profits achieved in the trading strategy that is improved by it, says Kevin McPartland, senior analyst at Tabb Group. “If I’m spending $1M to get one microsecond faster, will I make ten times what I […]

US Equity Technology 2010: The Sell Side Perspective

Download Full Report Here The study focuses on US equity infrastructures and is based on conversations with CIOs, CTOs, and heads of technology at 24 sell side firms.  Bulge bracket firms accounted for one quarter of total participants, however this equates to two thirds of all bulge bracket firms.  The discussions covered usage and trends […]

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 senior analyst at financial services research firm TABB Group. He moderated a panel sponsored by TABB Group and Switch and Data, a data center operator, last Thursday. This article is […]

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, most of them are gone, so high-frequency trading firms are in the spotlight. Making markets is about gathering information quickly and making decisions based on that information faster than the […]