Jim Northey, Principal Services Consultant, Itiviti, and the Global Technical Co-chair for the FIX Trading Community will be moderating a panel on the future of proprietary trading. The panel consists of Brennan Carley, Global Head of Frameworks Product Management, Thomson Reuters, Keith Fishe, Managing Partner TradeForecaster Global Markets LLC, Rajev Rajaan, Policy Advisor Financial Markets Group, Federal Reserve Bank of Chicago.
Jim and Don Mendelson will also be giving an update on several FIX technical initiatives in which Itiviti is playing a leadership role, including FIXS - the secure FIX session layer, FIX Orchestra - the machine readable rules of engagement, FIX High Performance protocols - FIXP- The FIX High Performance Session Layer, SBE - the Simple Binary Encoding for FIX, and the Simple Open Framing Header. Jim and Don will review the new open technical standards process implemented by the community.
Jim plans to review the innovations that emanated from the Chicago proprietary trading community since the 1980s. These include the adoption of open systems (Unix based) platforms within Finance, the use of C and C++, the adoption of agile software methodology, and even a life line to a Steve Jobs before he transitioned back to Apple Computers. With the advent of the electronic derivatives markets in the mid-1990s, Orc Software was one of the first to arrive on the shores of Lake Michigan from Europe with advanced trading systems. Since the mid-90s, Orc Software (now Itiviti) has played a key role in the evolution of proprietary trading.
For more information, please visit the event page
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