Hammer Architects of Electronic Trading

Technology Leaders Who Are Shaping Today's Financial Markets
1. Auflage 2013
ISBN: 978-1-118-48810-2
Verlag: John Wiley & Sons
Format: PDF
Kopierschutz: Adobe DRM (»Systemvoraussetzungen)

E-Book, Englisch, 208 Seiten, E-Book

Reihe: Wiley Trading Series

Insights that can help you improve your technology edge
Featuring contributions from technology visionaries at leadingalternative investors, hedge funds, trading firms, exchanges, andvendors, this book covers current trends in trading technology. Thebook features interviews with the leaders responsible for thetechnology that is shaping today's electronic financial markets.You'll hear the views of CIOs, CTOs, and other technology leaderson emerging technologies, innovation in the financial sector, andhow technology is enhancing markets in ways other than just speed.Their perspectives on harnessing technology to enhance computingpower, reduce time to market, bolster risk management, and muchmore offer valuable lessons for readers.
* Includes a wealth of practical insights on how to improve yourtechnology edge
* Features interviews with leading technology professionals inthe financial industry across an array of asset classes andmarkets
* Serves as a topical guide to the latest developments,enhancements and applications of technology to tackle trading andrisk management challenges
* Includes insights from top technology professionals onevaluating and adopting technology solutions
* Looks at the effects of technology on finance professionals andtheir businesses as well as the global finance industrygenerally

Autoren/Hrsg.

Hammer, Stephanie

Weitere Mitwirkende

Kuhn, Michael

Inhaltsverzeichnis

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 RobertWalker, 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 LineMetrics 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

Über Autor(innen)

Stephanie Hammer is a professional marketer and freelancewriter. She has fifteen years of experience in the listedderivatives markets including time as a trader at a proprietarytrading firm. She began her career at Eurex Exchange and alsoserved as head of communications for the exchange in Frankfurt,Germany. Stephanie holds a bachelor's degree from Bryn Mawr Collegeand a master's degree in international relations from the LondonSchool of Economics and Political Science. She is fluent in bothSpanish and German. Stephanie lives in Chicago with her husband andtwo daughters.