- A cloudy data centreCloud computing offers increased security potential and vast resources to fuel the computational demands of trading. It can do this while still offering users operational ownership control over costs. For firms looking to make the transition from on-premise to the cloud, here are some of the key considerations.
- Perils of PTP MonitoringRegulations such as MiFID 2 are helping boost demand for precision timestamping. Though Precision Time Protocol (PTP) offers microsecond accuracy - far higher than the competitor Network Time Protocol - ensuring synchronisation across networked devices is non-trivial. This article highlights the pitfalls in PTP and offers some solutions.
- No SignalNO SIGNAL is a regular column where we examine various snafus in the trading, particularly the automated trading world. We look at errors in application logic, mistakes by overzealous co-workers, failures in technology and temporary losses of power to both infrastructure as well as craniums. These all make for good stories that everyone can alternatively either learn from or be amused by - or both. If you have a story that you think makes for a valuable lesson or is simply funny in a facepalm moment kind of way, please get in touch with us at no.signal@trader.news. Naturally, we treat all submissions with the highest confidentiality. We are only interested in the lesson value, or in some cases the humour value, and not in identifying involved parties.
- How much is your zero collar worth?Hint: It's not zero. A widespread shortcut used in swaption pricing led to an opportunity for dealers to engage in model arbitrage and to buy cheap convexity.
- Developing a short-term machine learning strategyOpen-source software for machine learning is widely available for standard data analysis packages. We examine how a stack built on these can be used for time series prediction.
- Trends in market share of derivatives clearingThe financial crisis led to the biggest overhaul of regulation since the Great Depression. We examine how the new rules have affected the market for derivatives clearing in the US.
- Financial Programming Greatly AcceleratedFPGAs are about to become a lot more attractive as the technology of choice for cutting-edge application development. Pre-compiled numerical libraries and an integrated software stack, combined with a new class of closely-coupled silicon devices, are the drivers.
LedgerX becomes first federally supervised options venue for bitcoin LedgerX receives CFTC license to trade, clear and settle digital currency contracts.
Natixis and Nasdaq announce exclusive licensing partnership New Index aims to reduce market capitalization biases. NASDAQ-100 Target 25 Excess Return Index will be used as an underlying index for structured solutions.