Shall We Play a Game?

Anyone familiar with Matthew Broderick’s 1983 movie WarGames knows a simple strategic simulation could lead the US to the brink of a thermonuclear war. The movie’s artificial intelligence only stepped back at the last moment after reasoning that such a conflict would be a no-win situation for all of its participants. Some things should not…

Savings Still Fuels Outsourced Trading Adoption

According to an audience poll conducted during a webinar hosted by the FIX Trading Community, cost savings remains the primary driver for the adoption of outsourced trading. Nearly half of those polled (46%) cited the reason as the primary accelerator for adoption, while other audience participants viewed technology (19%), incremental trading resources (17%), and regulation…

Where Are You Headed, NYSE?

The NYSE once again has informed the New Jersey legislature that it would move operations out of the state if Trenton decides to impose an electronic financial transaction tax (FTT), Bloomberg Law ($) reported on Monday. The Intercontinental Exchange-owned business conducted a September test where it moved its operations out of the state, according to…