Architects of Electronic Trading
Technology Leaders Who Are Shaping Today's Financial Markets
Published on 9. August 2013
Book
Hardback
208 pages
978-1-118-48807-2 (ISBN)
Description
Insights that can help you improve your technology edge
Featuring contributions from technology visionaries at leading alternative investors, hedge funds, trading firms, exchanges, and vendors, this book covers current trends in trading technology. The book features interviews with the leaders responsible for the technology that is shaping today's electronic financial markets. You'll hear the views of CIOs, CTOs, and other technology leaders on emerging technologies, innovation in the financial sector, and how technology is enhancing markets in ways other than just speed. Their perspectives on harnessing technology to enhance computing power, reduce time to market, bolster risk management, and much more offer valuable lessons for readers.
* Includes a wealth of practical insights on how to improve your technology edge
* Features interviews with leading technology professionals in the financial industry across an array of asset classes and markets
* Serves as a topical guide to the latest developments, enhancements and applications of technology to tackle trading and risk management challenges
* Includes insights from top technology professionals on evaluating and adopting technology solutions
* Looks at the effects of technology on finance professionals and their businesses as well as the global finance industry generally
More details
Series
Edition
1. Auflage
Language
English
Place of publication
New York
United States
Target group
Professional and scholarly
Product notice
sewn/stitched
Paper over boards
With dust jacket
Dimensions
Height: 235 mm
Width: 157 mm
Thickness: 16 mm
Weight
464 gr
ISBN-13
978-1-118-48807-2 (9781118488072)
Schweitzer Classification
Other editions
Additional editions
Stephanie Hammer
Architects of Electronic Trading
Technology Leaders Who Are Shaping Today's Financial Markets
E-Book
05/2013
Wiley
€48.99
Available for download
Stephanie Hammer
Architects of Electronic Trading
Technology Leaders Who Are Shaping Today's Financial Markets
E-Book
05/2013
Wiley
€48.99
Available for download
Persons
Stephanie Hammer is a professional marketer and freelance writer. She has fifteen years of experience in the listed derivatives markets including time as a trader at a proprietary trading firm. She began her career at Eurex Exchange and also served as head of communications for the exchange in Frankfurt, Germany. Stephanie holds a bachelor's degree from Bryn Mawr College and a master's degree in international relations from the London School of Economics and Political Science. She is fluent in both Spanish and German. Stephanie lives in Chicago with her husband and two daughters.
Content
Foreword vii
Acknowledgments xi
About the Author xiii
CHAPTER 1 Meet the Architects 1
Agents of Change
CHAPTER 2 Business Challenges 7
Driving New Technology
CHAPTER 3 Laying a Strong Foundation with 13
Transformational Technology
Suhit Gupta, Technology Consultant 14
CHAPTER 4 Hardware Acceleration with FPGAs 23
Jan-Dirk Lueders, CMT, Capital Markets Trading, and Robert Walker, xCelor 24
CHAPTER 5 GPUs 33
Affordable Desktop Supercomputing
Gerald Hanweck, Jr., PhD: Hanweck Associates 34
CHAPTER 6 Microwaves in Trading 45
Conquering Resistance
Mike Persico, CEO and Founder, Anova Technologies 46
CHAPTER 7 Cloud Computing 59
Moving toward Acceptance
Ken Barnes, Options IT 60
CHAPTER 8 Globalization and Automation 69
Unfinished Business
Justin Llewellyn-Jones, Fidessa Corporation 70
CHAPTER 9 Room for Improvement in Risk Control 81
Mark Gorton, Tower Research Capital 81
CHAPTER 10 Trading Systems 89
Dealing with Velocity
Kevin Kometer, David Hoag, and Ian Wall, CME Group 91
CHAPTER 11 Technology and Alternatives 99
Benefits of Better Data
William Murphy, The Blackstone Group 100
CHAPTER 12 Data Centers 107
Harnessing Networks
John Knuff, Equinix 108
CHAPTER 13 Evolution 121
The New Revolution in Trading Systems Design
Jürg Spillmann and Wolfgang Eholzer, Eurex Exchange 122
CHAPTER 14 FIX 131
The Power of Standardization
W. Brennan Carley, Thomson Reuters 132
CHAPTER 15 Big Data, Big Opportunities 143
David Siegel, Alan Choyna, and Clara Bonaccorsi, Bottom Line Metrics 144
CHAPTER 16 Social Media in Trading 153
Making Sense of It
Joe Gits, Social Market Analytics 156
CHAPTER 17 The View from Emerging Markets, China 167
Ming Hua, Southwest Securities Company 168
CHAPTER 18 Special Focus 177
The Shortage of IT Talent
Daryan Dehghanpisheh, NYSE Technologies 178
CONCLUSION A Call for Continued Education 187
Index 189