By Richard Bentley, Vice President, Capital Markets, Progress Software
When cracking a nut, would you normally use a sledgehammer or a more precise tool? It may sound like a daft question, but it’s nonetheless one that occurred to me at the European Trading Technology Conference,...
Editor’s Note: the following includes thoughts and insight on the World Exchange Congress from Theo Hildyard, Solutions Architect, Market Surveillance at Progress Software.
When the announcement of the first Markets in Financial Instruments Directive (known as MiFID) was made in...
By Richard Bentley, Vice President, Capital Markets, Progress Software
There’s no doubt that today's high speed capital markets and cross product, cross market trade volumes mean regulation struggles to keep up with changes in the market. MiFID II is an example of a financial regulatory...
The market frenzy that whiplashed global markets last week has been - unsurprisingly - blamed on high frequency trading. Headlines such as these fuelled the fire:
There have been some heated public debates recently about the kind of liquidity that is being provided by high frequency trading. In an earlier post on Tabb Forum Candyce Edelen from Propel Growth asks if HFTs provide liquidity or do they just provide volume?
Liquidity is bread and butter for...