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Trading Tech Talk


Trading Tech Talk is the program where we break down all the amazing technology that takes your trades from the click of a mouse to the clearinghouse and back again. Each episode we’ll break down the latest developments in the world of trading tech, bring you exclusive conversations with industry thought leaders, and answer your pressing technology questions. 

Jan 31, 2015

CTO Interview: Today's guest is Joseph Wesley, Founder & CEO of Vesel Interactive.

He discusses:

  • An overview of his background in the derivatives market?
  • What is Vesel?
  • Who is Vesel's end user?
  • How many firms are using the Vesel system right now?
  • How does Vesel generate your derivatives volume reports?
  • Why do firms share their data with Vesel?
  • What safeguards are there against firms under/over-reporting their volume or marketshare?
  • An overview of VolAxe?
  • How easy is it for clients to build their own hook into the system using the API?
  • How does this offering compare with what the guys at EQ derivatives are offering?
  • Teases of upcoming Vesel developments

Listener Mail: Listener questions and comments

  • Question from Avalone - What is the take on coinbase. Seems to be making a lot of headlines. Exchange went live this morning. Any takers out there for these bitcoin things?
  • Question from VTech - Are there specific GUI challenges for options front ends vs. equities? I know that options have more series than equites. Does that translate into any unique needs for those products vs. standard cash equities? I am studying UX at school with the hopes of breaking into the financial realm after graduation, perhaps on the derivatives software side.
  • Question from Mark Brant - @Options Please explain how options block trades are executed and how to transition to block trading from retail work. Thanks!