Fixed income
While the buy side had an opportunity to articulate many of the
technology challenges at the 7 th annual Alpha Trader Forum (ATF)
Global Summit, K&KGC also received buy-side feedback that the
discussions with the selected technology sponsors, later in the day,
unveiled new solutions of which they were previously unaware. While
some well-funded desks have taken the
initiative to build their own execution
management systems, third party
technologies are slowly catching up with
more complex buy-side needs. The buy
side are already adopting various solutions
to start automating bond trading. The buy
side want to continue to be in control to
prevent signalling issues therefore, only
a small share of trading are expected to
go to zero-touch. Conditional rule-based
automation tools are already available
but better access to holistic market data
Ivan Mihov (AxeTrading) and Ravi Sawhney (Bloomberg) at the
7 th annual ATF Global Summit 2019
and firm prices would be needed for true
smart order routing. The buy side are
increasingly engaging with non-traditional liquidity providers for
smaller trades.
Equities
The buy side are now looking
at end-to-end workflow
solutions, interconnectivity and
overcoming legacy technology
issues. On the trading side, next
generation trading algorithms
leveraging machine learning,
neural networks and artificial
intelligence is already available.
Beside the technology buzz
words, the sell side are now
competing on every level with
a more efficient organisation,
smarter processes and optional
cohesive partnerships. The
electronic liquidity providers
(ELPs) are increasingly starting
to play an important role on the
other side of the trade.
Spring 2019
Natan Tiefenbrun (BoAML), Matthew Cousens (Barclays), James Hilton
(Credit Suisse), Duncan Higgins (ITG) and Benjamin Springett (Jefferies) at
the 7 th annual ATF Global Summit 2019
www.buysideintel.com
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