THETRADETECH DAILY THE OFFICIAL NEWSPAPER OF TRADETECH 2023
“ Whilst volumes can appear elevated , what is important is the size that can be executed on at a point in time . The top of the order book across asset classes is shrinking and the depth of the market is becoming shallower . This directly impacts the cost of trading .”
liquidity .
A change mindset is a prerequisite . I firmly believe that ideas can come from anywhere on our team . Innovation is a team sport . Continuous improvement means we always need to be looking for new ways to operate more efficiently . Stealing from one of my favorite poets – “ Changes aren ’ t permanent , but change is ”.
What sort of challenges come with building the desk of the future ? Building the desk of the future means not being afraid to break traditions , and it is essential to supplement seasoned talent with new skillsets . However , introducing change while keeping the culture that has been critical to our success presents an interesting challenge .
When we think about that it highlights how important attracting the right talent is . We have had success bringing in new traders with different backgrounds . Evan Canwell on our London desk has a master ’ s degree in physics and Kelsie Palumbo on our Baltimore fixed income desk has degrees in computer science and mathematics . With a fresh perspective , these individuals – among many others – are driving innovation and leading new initiatives for our desks .
What are you most looking forward to at TradeTech this year ? Reconnecting with peers , sell-side partners , and vendors . It is always interesting to hear a variety of perspectives on challenges within our industry from a diverse group of market participants .
What do you think will be the biggest themes in trading and execution for 2023 ? Data , data , liquidity , regulatory changes , interoperability and more data .
TheTradeNews . com 25