The trading environment of the future part one : Order Management Systems (OMS) /Order Execution Management Systems (OEMS) and algorithms (algos). Adding value through the correct algo choices?
The history of stock trading is long, and incredibly, many of the concepts and instruments used appear to have appeared rapidly since the inception of structures permitting formal trading. Classical Roman times purportedly “boasted companies with transferable shares.. but these were usually not enduring endeavours and no considerable secondary market existed”. The first […]
Sylvain Thieullent, CEO of Horizon Software The London Metal Exchange (LME) trading ring has been the noisy home of metals traders buying and selling for over a hundred years. It’s the world’s oldest and largest metals market and is home to the last open outcry trading floor. Recently however, the […]
By Sylvain Thieullent, CEO of Horizon Software From Euronext beating off stiff competition for the Milan stock exchange, to Cboe agreeing to purchase block trading venue BIDs, October has been quite the month for exchange deal making. But given how so many post-2008 regulations aimed to increase exchange competition as […]
The crisis has pushed banking IT systems to their very limit. And, although the dust has settled, it is now that the cracks are beginning to show and we begin to see which banks are just coping, and which are thriving. The key to differentiator lies in how the firm […]
By Sylvain Thieullent, CEO of Horizon Very few people predicted or planned for the current crisis. What was unthinkable earlier this year has happened and triggered extensive losses in the markets. As ever though, it’s what a business does to adapt in the face of change that defines it. Most […]
Sylvain Thieullent, CEO of Horizon The next few years will be characterised by deglobalisation. There was already creeping isolationism, but the knock-on effects of the crisis will accelerate a trend towards more locally focussed investment models. As investors adjust their portfolios to the post-corona world economy, small markets and exchanges […]
Sylvain Thieullent, CEO of Horizon Market volatility is back with a vengeance. We’ve not seen this level of trading activity since 1987 and it has presented fresh challenges to global markets. Back in 1987, the trading infrastructure failed to cope, and the collapse of equities overwhelmed the trading communication systems […]
By Francis Leclerc, Head Of Americas- Although revenues have jumped from the spike in trading activity, it’s been a tough environment for trading in recent years. Margins have been squeezed across the board to the extent that some major investment banks are completely withdrawing from certain asset classes upon discovering […]
The price of Bitcoin is still going through a phase of adolescent mood swings and, until relatively recently, cryptocurrency trading has been approached cautiously by most financial institutions. However, this volatility means profit. Like cautious schoolkids, many market participants have avoided being the first to dive in. There’s always a […]
White Paper: 21 months on, what benefits and business opportunities for the Capital Markets industry?
MiFID II is not just a compliance exercise. There are major business implications that could bring technology opportunities and competitive advantage for those who start to plan in advance. It is therefore important to stay up to date, and Horizon’s white paper on what these new opportunities might be aims to bring you the latest […]