Don Ross – Our markets, you see, were not built for institutions. They were built for the little guys – guys with little orders. We have complex and costly market-linkage and order-handling rules to protect their orders.
John Jannes – Here are three key takeaways that broker-dealers need to think about.
2. Start gathering the required look-through data.
3. Understand the two options to obtain and process downstream execution data.
Larry Tabb – It is certainly not a good idea to only route orders to markets that pay the highest rebate or charge the lowest fee, but this is difficult to regulate. Firms are generally governed by best-execution policy, which in the US focuses on obtaining a price for the client order that is at, or better than, the best bid or offer in the market.
Monica Summerville – A common approach to data architecture in financial services has been to utilize a data technology stack comprising a collection of approaches – for example, historic data in a relational database, recent data in a columnar database, and real-time data in some sort of event processing software engine. To obtain a consolidated view, connections must be made directly to various systems; an approach that gets increasingly complex over time.
S&P Global Market Intelligence announced the launch of Textual Data Analytics (TDA), a sophisticated new data offering which applies Natural Language Processing to generate sentiment scores and behavioral metrics based on company transcripts
Wayne Curry – Bespoke dashboards that mingle internal and financial data, visualize ideas, and share the results across the firm can also enhance the scalability and productivity of the idea generation process. This strategy boosts capabilities and delivers transparency more efficiently.