Conference Dailys TRADETech Daily 2019

big-xyt.com Transforming TCA with Data Science TCA is evolving – Get your consolidated view TRADETECH THE OFFICIAL NEWSPAPER OF TRADETECH 2019, 24-25 April D aily LEGACY TECH ENLIGHTENMENT HOW BUY-SIDE FIRMS CAN EMBRACE NEW TECHNOLOGIES TO OVERCOME THE LEGACY TECH CHALLENGE. AI ACE UP THE SLEEVE Alison Hollingshead p.18 Cathy Gibson p.14 “Initiatives like internships, graduate schemes and returner schemes, are a step in the right direction in terms of opening the door to a more diverse talent pool.” “The key factor to consider when it comes to OMS and EMS is that it’s not one size fits all. There isn’t one system out there considered to be the best.” ARTIFICIAL INTELLIGENCE HAS THE POTENTIAL TO BE AN ACE UP THE SLEEVE FOR BUY-SIDE FIRMS THAT APPROACH IT RIGHT. WHAT YOU NEED TO KNOW — THE ‘BAD’ IN BIG DATA CAUSES CONCERN, — BLOOMBERG LEADING THE OMS/EMS SPACE, — AND BROKERS OUTPERFORMING BANKS IN ALGO TRADING. Conditional orders and periodic auctions come out on top post-MiFID II T he use of periodic auctions and conditional order types are helping senior buy-side traders navigate liquidity post-MiFID II more than any other technique or strategy, according to WBR Insights. Widespread adoption of periodic auctions has been an unforeseen trend since MiFID II was implemented. Traders concur that despite regulatory concerns that the venue type is in some cases used to circumvent the dark trading rules, periodic auctions are beneficial in terms of showing natural liquidity, reducing costs and achieving best execution. In January, responses from the market on the European Securities and Markets Authority’s Continues on page 6