Tag: Friday musings

TGIC: Thank Goodness It’s Cloud

Defining the Indefinable

Earlier this week CFTC Commissioner Scott O’Malia chaired a meeting of the regulator’s Technology Advisory Committee. As part of the discussion, a number of market participants, regulators and researchers presented their opinions on how the regulator might define high frequency trading. I toss in my two cents with this week’s Friday Musings. You can view the…

Will Cloud Computing Survive the Regulators?

It came as no surprise that of the two recurring themes of this week’s Waters USA conference in Manhattan were cloud computing and the impact of new global regulatory environment on banks’ global IT infrastructure. This week’s Friday Musing looks at the intersection of these trends: Can financial firms deploy new global cloud-based infrastructures in…

Low Latency in the Middle and Back Office

MiFID II First Takes

Yesterday the European Commission published its proposed version of the second draft of Markets in Financial Instruments Directive (MiFID II) and its associated Markets in Financial Instruments and Amending Regulation (MiFIR). Between these two documents there are approximately 250 pages of the best regulatory reading since The Dodd-Frank Wall Street Reform and Consumer Protection Act.…