The TradeTech Daily Issue 4: Final day & highlights
In this issue:
Exchanges told to prepare for shake-up
Exchanges criticised for placing shareholder profi t and ‘grandiose’ merger deals ahead of user needs
Exchange USP challenges the MTF model
Exchanges look to play to their strengths in the post-MiFID world. But will this satisfy users?
Support for block trades
Liquidity fragmentation may be part and parcel of competition among execution venues, but that does not mean everyone has to like it
Buy-side present a united front
Summit focuses on areas of common concern for the buyside – MiFID and Project Turquoise
M&A shapes the future of EMS
EMS and OMS functionalities are merging, while the acquisition of EMS providers by brokers is raising issues of system neutrality
Desktop clutter is the traders' nemesis
A proliferation of trading tools makes picking the right one for the job essential
Pool party - by invitation only
A proliferation of trading tools makes picking the right one for the job essential
Business models drive technology
When it comes to technological innovation in trading firms, business requirements are both a catalyst and a restraint
Data deficiencies hinder TCA
While TCA can help add alpha to the trading process, the quality of data coming from asset managers and emerging markets remains erratic. What needs to be done if market participants are to realise the full potential of TCA going forward?
Delegates stirred but not shaken
A special presentation from Dame Stella Rimington focused on the many challenges she faced – and overcame – as the first female director general of MI5
Highs and lows of the trading day
Intraday share price volatility displays a similar pattern across Europe’s exchanges
Aims, actions and results
Trade performance in the real world needs to be measured in terms of both goals and actions
How to be 'less wrong' and 'more rich'
For Woody Brock, good theory is the basis for coping with data overload
King of the road
Dubbed the ‘king of emerging markets funds’ by The Wall Street Journal and the ‘ultimate road warrior’ by USA Today, Mark Mobius, president of the Templeton Emerging Markets Fund, described his approach to overcoming the challenges of trading and investing in emerging markets in conversation with John Lee, publisher of The TRADE
Buy-side use of transition management growing
The use of transition managers was once the preserve of pension fund trustees. But there has been a surge in the number of asset managers employing them
The class of 2007
Delegates pass judgement on the conference programme
Buy-side urged to join revolution
Unlocking liquidity through lower costs can benefit the buy-side as well as dealers
Overcoming fear of the dark
Traders’ concern over liquidity fragmentation is real but possibly misplaced
Non-displayed enthusiasm for more dark pools
While brokers and commentators predict a rise in the growth and use of organised dark pools, buy-side traders themselves seem broadly satisfied with the options already on offer
Challenging the transaction chain post-MiFID
What demands will liquidity fragmentation place on traditional exchanges and buy-side trading desks?
MiFID: less Big Bang, more slow burn
What will really change for European securities markets on 1 November when the MiFID implementation deadline is reached?
Turquoise still hidden from view
The devil is in the detail over Project Turquoise
Project Turquoise: why it will be different this time around
Some observers say they will believe Project Turquoise when they see it. But its architects say today’s market conditions could see it succeed where other initiatives have failed
Article 21 'badly drafted'
Edhec-Risk chief criticises the best execution obligation of MiFID
Commission hits back at MiFID criticism
EC clarifies how firms should approach best execution
Reuters marks out its territory in the post-MiFID world
Information aggregator sets out its stall for the delivery and analysis of data
Gaps in the MiFID master plan revealed
MiFID implementation remains a ‘cup half full’ as significant numbers of market participants are destined to overshoot the November deadline
Exhibition moves centre stage
From a sideshow to the conference, the exhibition has grown to become one of the main events on which the success of TradeTech is built
Roll of honour
The TRADETech Daily caught up with some of the winners to get their reactions
The main event
TradeTech Paris has grown to be the seminal industry event
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