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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. 

Mar 25, 2014

Trading Tech Talk 5: 2014 Trading Technology 40

CTO Interview: Our guest today is Jeffrey Kutler, Editor-in-Chief of Risk Professional, the publication of the Global Association of the Risk Professionals (GARP). Jeff is the author of Institutional Investors "2014 Trading Technology 40."

He discusses:

  • The criteria went into compiling the "Trading Tech 40"
  • Is the race to zero over or is this just a brief hiatus?
  • Did the growing impact of HFT on the marketplace factor into the Trading Tech 40?
  • How did the many high-profile financial technology failures of 2013 factor into the 2014 list?
  • How did the creation of a host of new SEF firms impact the list?

Notable names on the list:

  • #1: ICE
  • #2: CME
  • #8: BATS

The Inbox: In which the listeners dictate the conversation.

  • Question from Adam Boies, Ontario -Question for TTT - I would like to ask the TTT panel their opinion on the proliferation of private exchanges and marketplaces. These essentially create liquidity and access to capital for privately-held firms without the need for an IPO. What sort of tech hurdles are posed by a private marketplace vs. a traditional exchange? Will this new trend render the traditional IPO irrelevant? I enjoy your fine program and look forward to each new episode.
  • Question from Alessandro Nici - From Google Glasses to Fitbit, the technology world is obsessed with wearables. Most of the focus in on the consumer tech space, but I am more interested in the potential in the financial space. Do you expect wearables to become a factor in the financial space in the near future? For example - trading via Google Glasses or perhaps managing your firms IT infrastructure at a glance from your Smartwatch? Is this perhaps an area where the retail sector might lead the institutional sector in adoption and implementation of a new technology? I for one look forward to the day when I can buy a few contracts with a simple nod of my head or the blink of an eye.
  • Comment from Mr. Charles - Looks like TTT hit the nail on the head. From the Mt. Gox fiasco to other recent disasters, looks like Bitcoin is on the way out.