The Algorithmic Trading Podcast http://www.algotradingpodcast.com This interview series focuses on challenges affecting Algorithmic Trading environments and includes interviews with thought-leaders and industry experts from banks and other financial institutions. Fri, 16 May 2008 10:00:40 +0000 http://wordpress.org/?v=2.2.2 en ©Voices in Business mike@voicesinbusiness.com (Voices in Business) mike@voicesinbusiness.com Banking Technology 1440 Algorithmic Trading, Banking, Capital Markets, Investment, Finance, Equities This interview series focuses on challenges affecting Algorithmic Trading environments and includes interviews with thought-leaders and industry experts from banks and other financial institutions. This interview series focuses on challenges affecting Algorithmic Trading environments and includes interviews with thought-leaders and industry experts from banks and other financial institutions. Voices in Business Voices in Business mike@voicesinbusiness.com No no http://algotradingpodcast.com/images/atp144.jpg The Algorithmic Trading Podcast http://www.algotradingpodcast.com 144 144 ©Voices in BusinessAlgorithmic Trading, Banking, Capital Markets, Investment, Finance, EquitiesBusinessTechnology ATP Special Edition - Low Latency (featuring Thomas Chippas, Deutsche Bank) http://www.algotradingpodcast.com/2008/05/16/atp-special-edition-low-latency-featuring-thomas-chippas-deutsche-bank/ http://www.algotradingpodcast.com/2008/05/16/atp-special-edition-low-latency-featuring-thomas-chippas-deutsche-bank/#comments Fri, 16 May 2008 09:55:23 +0000 admin http://www.algotradingpodcast.com/2008/05/16/atp-special-edition-low-latency-featuring-thomas-chippas-deutsche-bank/ Thomas Chippas
Thomas Chippas

Welcome to this special edition of The Algorithmic Trading Podcast, brought to you by Voices in Business, focusing on Low Latency.

As the subject of latency has come up repeatedly in this series of interviews, we decided to ask Thomas Chippas, Deutsche Bank’s Head of Autobahn Equity, North America back onto the show for a deeper dive into the topic.

In this conversation with Greg Grimer and Mike O’Hara of Voices in Business, Thomas discusses why low latency is so important, some of the causes and types of latency, issues with measuring and monitoring it and some of the ways it can be reduced.

Show notes for this episode:

00:08 - Introduction
01:24 - Some background and history
02:18 - At what point did latency become an issue?
04:01 - The diverse business drivers for reducing latency
07:36 - Orders versus market data
08:40 - The exponential growth of option data
09:26 - Managing real-time position risk
10:38 - Dangers of quote mitigation
11:32 - Causes and types of latency, & where it is introduced
15:32 - Piecemeal versus big-bang approach to reducing latency
18:22 - Measuring and monitoring latency
21:44 - Visualisation tools & heat maps
22:14 - Consistency & reliability versus outright speed
23:29 - FIX, FAST & other industry standards
25:55 - Proximity hosting and co-location
29:25 - What Telco & network providers are doing
30:57 - Do latency reduction initiatives justify the cost?
31:45 - Potential operational risks inherent in low-latency strategies
34:48 - End of interview and wrap-up

We welcome all feedback, so please leave a comment here on the website, call us to leave an audio comment on +44 (0) 20 7193 1295, or send a message to algo@voicesinbusiness.com.

Listen Now:

To listen to the podcast right now, click on the player icon below (may require registration).

]]> http://www.algotradingpodcast.com/2008/05/16/atp-special-edition-low-latency-featuring-thomas-chippas-deutsche-bank/feed/ 35:16 Thomas Chippas Welcome to this special edition of The Algorithmic Trading Podcast, brought to you by Voices in Business,nbsp;focusing on Low Latency. As the subject of latency ... Thomas Chippas Welcome to this special edition of The Algorithmic Trading Podcast, brought to you by Voices in Business,nbsp;focusing on Low Latency. As the subject of latency has come up repeatedly in this series of interviews, we decided to ask Thomas Chippas, Deutsche Bank's Head of Autobahn Equity, North America back onto the show for a deeper dive into the topic. In this conversation with Greg Grimer and Mike O'Hara of Voices in Business, Thomas discusses why low latency is so important, some of the causes and types of latency, issues with measuring and monitoring it andnbsp;some of the ways it can be reduced. Show notes for this episode: 00:08 - Introduction 01:24 - Some background and history 02:18 - At what point did latency become an issue? 04:01 - The diverse business drivers for reducing latency 07:36 - Orders versus market data 08:40 - The exponential growth of option data 09:26 - Managing real-time position risk 10:38 - Dangers of quote mitigation 11:32 - Causes and types of latency, #38; where it is introduced 15:32 - Piecemeal versus big-bang approach to reducing latency 18:22 - Measuring and monitoring latency 21:44 - Visualisation tools #38; heat maps 22:14 - Consistency #38; reliability versus outright speed 23:29 - FIX, FAST #38; other industry standards 25:55 - Proximity hosting and co-location 29:25 - What Telco #38; network providers are doing 30:57 - Do latency reduction initiatives justify the cost? 31:45 - Potential operational risks inherent in low-latency strategies 34:48 - End of interview and wrap-up We welcome all feedback, so please leave a comment here on the website, call us to leave an audio comment on +44 (0) 20 7193 1295, or send a message to algo@voicesinbusiness.com. Listen Now: To listen to the podcast right now, click on the player icon below (may require registration). Podcasts Voices in Business no No ATP06 - Brian Fagen & Frank Troise, Lehman Brothers Inc http://www.algotradingpodcast.com/2008/04/10/atp06-brian-fagen-frank-troise-lehman-brothers-inc/ http://www.algotradingpodcast.com/2008/04/10/atp06-brian-fagen-frank-troise-lehman-brothers-inc/#comments Thu, 10 Apr 2008 11:40:43 +0000 admin http://www.algotradingpodcast.com/2008/04/10/atp06-brian-fagen-frank-troise-lehman-brothers-inc/ Brian FagenFrank Troise
Brian Fagen - Frank Troise

Welcome to episode six of The Algorithmic Trading Podcast, brought to you by Voices in Business and sponsored by Sybase.

On today’s show, we feature an interview with Brian Fagen and Frank Troise of Lehman Brothers Inc.

Brian Fagen joined Lehman Brothers, the global investment bank, in June 2006, as Managing Director & Head of Electronic Sales. In this position, Mr. Fagen is responsible for leading the Firm’s efforts in the electronic brokerage business. He works closely with sales product managers to deliver a platform to the Firm’s clients worldwide. Additionally, Mr. Fagen is also the Head of Program Trading Sales.

Frank Troise is a Managing director and the Head of US. Equities Electronic Product Management. His responsibilities include product management for the electronic trading of equities and listed options. Products supplied by Lehman Brothers in this area include: RealTick EMS, algorithmic trading, crossing and electronic liquidity tools, and the distribution of pre- and post-trade analytical tools.

In this interview, Brian and Frank discuss Algorithmic Trading with Greg Grimer of Voices in Business and Sinan Baskan, Senior Product manager at Sybase.

Show Notes for this episode:

00:00 - Introduction
00:55 - Brian’s background
01:16 - Frank’s background
01:42 - How the US algo trading environment differs to Europe
04:10 - Who are the primary users of algo trading strategies?
04:29 - How aggressive are the hedge funds in this area?
06:28 - Trading styles and the search for arbitrage opportunities
07:26 - Growth in the customization of algo trading strategies
11:15 - Provisioning of data around development and customization
11:51 - Which customers require customized algorithms?
12:23 - Management of risk on customer positions
13:54 - Thin client dashboards and analytical data services
15:20 - Where are the technology bottlenecks?
17:54 - Extracting Alpha
20:15 - Granularity of data
22:30 - Growth of data and Moore’s Law
23:34 - Pricing power in terms of commissions
25:37 - Growth in asset classes other than equities
28:45 - End of interview and wrap-up

Click here for a full transcript of this episode.

We welcome all feedback, so please leave a comment here on the website, call us to leave an audio comment on +44 (0) 20 7193 1295, or send a message to algo@voicesinbusiness.com.

Listen Now:

To listen to the podcast right now, click on the player icon below (may require registration).

]]> http://www.algotradingpodcast.com/2008/04/10/atp06-brian-fagen-frank-troise-lehman-brothers-inc/feed/ 29:25 Brian Fagen - Frank Troise Welcome to episode six of The Algorithmic Trading Podcast, brought to you by Voices in Business and sponsored by Sybase. On today's ... Brian Fagen - Frank Troise Welcome to episode six of The Algorithmic Trading Podcast, brought to you by Voices in Business and sponsored by Sybase. On today's show, we feature an interview with Brian Fagen and Frank Troise of Lehman Brothers Inc. Brian Fagen joined Lehman Brothers, the global investment bank, in June 2006, as Managing Director #38; Head of Electronic Sales. In this position, Mr. Fagen is responsible for leading the Firm's efforts in the electronic brokerage business. He works closely with sales product managers to deliver a platform to the Firm's clients worldwide. Additionally, Mr. Fagen is also the Head of Program Trading Sales. Frank Troise is a Managing director and the Head of US. Equities Electronic Product Management. His responsibilities include product management for the electronic trading of equities and listed options. Products supplied by Lehman Brothers in this area include: RealTick EMS, algorithmic trading, crossing and electronic liquidity tools, and the distribution of pre- and post-trade analytical tools. In this interview, Brian and Frank discuss Algorithmic Trading with Greg Grimer of Voices in Business and Sinan Baskan, Senior Product manager at Sybase. Show Notes for this episode: 00:00 - Introduction 00:55 - Brian's background 01:16 - Frank's background 01:42 - How the US algo trading environment differs to Europe 04:10 - Who are the primary users of algo trading strategies? 04:29 - How aggressive are the hedge funds in this area? 06:28 - Trading styles and the search for arbitrage opportunities 07:26 - Growth in the customization of algo trading strategies 11:15 - Provisioning of data around development and customization 11:51 - Which customers require customized algorithms? 12:23 - Management of risk on customer positions 13:54 - Thin client dashboards and analytical data services 15:20 - Where are the technology bottlenecks? 17:54 - Extracting Alpha 20:15 -nbsp;Granularity of data 22:30 - Growth of data and Moore's Law 23:34 - Pricing power in terms of commissions 25:37 - Growth in asset classes other than equities 28:45 - End of interview and wrap-up Click here for a full transcript of this episode. We welcome all feedback, so please leave a comment here on the website, call us to leave an audio commentnbsp;on +44 (0) 20 7193 1295, ornbsp;send a message to algo@voicesinbusiness.com. Listen Now: To listen to the podcast right now, click on the player icon below (may require registration). Podcasts Voices in Business no No ATP05 - Thomas Chippas, Deutsche Bank http://www.algotradingpodcast.com/2008/03/13/thomas-chippas-deutsche-bank/ http://www.algotradingpodcast.com/2008/03/13/thomas-chippas-deutsche-bank/#comments Thu, 13 Mar 2008 15:26:23 +0000 admin http://www.algotradingpodcast.com/2008/03/13/thomas-chippas-deutsche-bank/ Thomas Chippas

Welcome to episode five of The Algorithmic Trading Podcast, brought to you by Voices in Business and sponsored by Sybase.

Today, Thomas Chippas, Head of Autobahn Equity, North America, for Deutsche Bank talks to Greg Grimer of Voices in Business and Sinan Baskan, Senior Product Manager at Sybase. 

Autobahn Equity is Deutsche Bank’s equity electronic trading platform encompassing direct market access and algorithmic trading.

Show notes for this episode:

00:12 - Introduction
00:55 - Start of interview & some background on Tom & Autobahn Equity
02:10 - US vs Europe vs Asia Pacific
03:44 - Pricing of structured instruments vs underlyings
08:56 - Post-trade analytics
11:30 - Variance of customer requirements in different regions
14:28 - Risk pricing
15:36 - Leveraging data for additional value-add
18:35 - Growth of different types of data
20:27 - The outlook for order execution venues
23:45 - Is there a power shift to the Buy-Side?
29:00 - End of interview and wrap-up

Click here for a full transcript of this episode

We welcome all feedback, so please leave a comment here on the website, call us to leave an audio comment on +44 (0) 20 7193 1295, or send a message to algo@voicesinbusiness.com.

Listen Now:

To listen to the podcast right now, click on the player icon below (may require registration).

]]> http://www.algotradingpodcast.com/2008/03/13/thomas-chippas-deutsche-bank/feed/ 29:51 ATP005 - Thomas Chippas, Head of Autobahn Equity for Deutsche Bank, talk to Greg Grimer of Voices in Business and Sinan Baskan of Sybase Welcome to episode five of The Algorithmic Trading Podcast, brought to you by Voices in Business and sponsored by Sybase. Today, Thomas Chippas, Head of Autobahn Equity, North America, for Deutsche Banknbsp;talks to Greg Grimer of Voices in Business and Sinannbsp;Baskan, Senior Product Manager atnbsp;Sybase.nbsp; Autobahn Equity is Deutsche Bankrsquo;s equity electronic trading platform encompassing direct market access and algorithmic trading. Show notes for this episode: 00:12 - Introduction 00:55 - Start of interview #38; some background on Tom #38; Autobahn Equity 02:10 - US vs Europe vs Asia Pacific 03:44 -nbsp;Pricing ofnbsp;structured instruments vs underlyings 08:56 - Post-trade analytics 11:30 - Variance of customer requirements in different regions 14:28 - Risk pricing 15:36 - Leveraging data for additional value-add 18:35 - Growth of different types of data 20:27 - The outlook for order execution venues 23:45 - Is there a power shift to the Buy-Side? 29:00 - End of interview and wrap-up Click here for a full transcript of this episode We welcome all feedback, so please leave a comment here on the website, call us to leave an audio comment on +44 (0) 20 7193 1295, or send a message to algo@voicesinbusiness.com. Listen Now: To listen to the podcast right now, click on the player icon below (may require registration). Algorithmic,Trading,,Banking,,Capital,Markets,,Investment,,Finance,,Equities Voices in Business no No ATP04 - Eli Lederman, Turquoise http://www.algotradingpodcast.com/2008/01/25/eli-lederman-turquoise/ http://www.algotradingpodcast.com/2008/01/25/eli-lederman-turquoise/#comments Fri, 25 Jan 2008 11:39:28 +0000 admin http://www.algotradingpodcast.com/2008/01/25/eli-lederman-turquoise/ Eli Lederman
Eli Lederman, Turquoise

Welcome to episode four of The Algorithmic Trading Podcast, brought to you by Voices in Business and sponsored by Sybase.

Today, we feature an exclusive interview with Eli Lederman, Chief Executive Officer of Turquoise, the new pan-European trading platform, in conversation with Gavin Quinn, EMEA Business Development Manager at Sybase and Greg Grimer of Voices in Business.

Show notes for this episode:

00:14 - Introduction
01:12 - What is Turquoise and why does it exist?
05:22 - Levelling the playing field & removing monopolies
08:00 - The market data environment
09:25 - Costs associated with market data
10:46 - Differentiated pricing
12:40 - Reference data
14:45 - Interoperability
15:06 - Granularity of tick sizes and decimal places
16:30 - Smart order routing
18:04 - Communication with customers & members
22:12 - Evolution of exchanges
23:38 - Algorithmic trading and exchange convergence
25:20 - Fragmentation and operational complexity
27:21 - Trade volumes and market share
29:14 - Trade reporting & CCP status
30:34 - Risk/exposure issues
32:22 - End of interview & wrap-up

Click here for a full transcript of this episode.

We welcome all feedback, so please leave a comment here on the website, call us to leave an audio comment on +44 (0) 20 7193 1295 or send a message to algo@voicesinbusiness.com

Listen Now:

To listen to the podcast right now, click on the player icon below.

]]> http://www.algotradingpodcast.com/2008/01/25/eli-lederman-turquoise/feed/ 33:05 ATP004 - Eli Lederman, CEO of Turquoise, talks to Greg Grimer of Voices in Business and Gavin Quinn of Sybase Eli Lederman, Turquoise Welcome to episode four of The Algorithmic Trading Podcast, brought to you by Voices in Business and sponsored by Sybase. Today, we feature an exclusive interview with Eli Lederman, Chief Executive Officer of Turquoise, the new pan-European trading platform, in conversation with Gavin Quinn, EMEA Business Development Manager at Sybase and Greg Grimer of Voices in Business. Show notes for this episode: 00:14 - Introduction 01:12 - What is Turquoise and why does it exist? 05:22 - Levelling the playing field #38; removing monopolies 08:00nbsp;- The market data environment 09:25 - Costs associated with market data 10:46 - Differentiated pricing 12:40 - Reference data 14:45 - Interoperability 15:06 - Granularity of tick sizes and decimal places 16:30 - Smart order routing 18:04 - Communication with customers #38; members 22:12 - Evolution of exchanges 23:38 - Algorithmic tradingnbsp;and exchange convergence 25:20 - Fragmentation and operational complexity 27:21 - Trade volumes and market share 29:14 - Trade reporting #38; CCP status 30:34 - Risk/exposurenbsp;issues 32:22 - End of interview #38; wrap-up Click here for a full transcript of this episode. We welcome all feedback, so please leave a comment here on the website, call us to leave an audio comment on +44 (0) 20 7193 1295 or send a message to algo@voicesinbusiness.com Listen Now: To listen to the podcast right now, click on the player icon below. Algorithmic,Trading,,Banking,,Capital,Markets,,Investment,,Finance,,Equities Voices in Business no No ATP03 - Toby Bayliss, Citi http://www.algotradingpodcast.com/2008/01/14/toby-bayliss-citi/ http://www.algotradingpodcast.com/2008/01/14/toby-bayliss-citi/#comments Mon, 14 Jan 2008 16:39:47 +0000 admin http://www.algotradingpodcast.com/?p=11
Toby Bayliss, Citi

Welcome to episode three of The Algorithmic Trading Podcast, brought to you by Voices in Business and sponsored by Sybase.

Today, we feature Toby Bayliss, European Head of Electronic Execution Sales at Citi, in conversation with Gavin Quinn, EMEA Business Development Manager at Sybase and Greg Grimer of Voices in Business.

Show Notes for this episode:

00:14 - Introduction
01:12 - What percentage of algorithms are actually successful?
02:58 - Where are the main costs? People? Processes? Data?
03:54 - The process of regression testing and back testing
05:10 - Building in changes for differing market conditions
07:10 - Calibration of algorithms
08:27 - Requirement for accurate historical data
09:25 - Comparison between European, US and Asian environments
13:38 - Tick sizes
14:58 - Buy-side versus sell-side issues
16:20 - Performance monitoring
18:00 - Myths around latency
19:03 - Key issues affecting the industry
21:59 - Block trading
23:45 - How does algorithmic trading affect client relationships?
24:46 - Equities versus other asset classes
27:01 - Issues specific to futures & options
29:03 -FIX Protocol
30:18 - End of interview & wrap-up

Click here for a full transcript of this episode.

We welcome all feedback, so please leave a comment here on the website, call us to leave an audio comment at +44 (0) 20 7193 1295 or send a message to algo@voicesinbusiness.com.

Listen Now:

To listen to the podcast right now, click on the player icon below.

]]> http://www.algotradingpodcast.com/2008/01/14/toby-bayliss-citi/feed/ 30:59 ATP003 - Toby Bayliss, Head of the European Electronic Execution Sales Team at Citi, talks to Gavin Quinn of Sybase and Greg Grimer of Voices in Business Toby Bayliss, Citi Welcome to episode three of The Algorithmic Trading Podcast, brought to you by Voices in Business and sponsored by Sybase. Today, we feature Toby Bayliss, European Head of Electronic Execution Sales at Citi, in conversation with Gavin Quinn, EMEA Business Development Manager at Sybase and Greg Grimer of Voices in Business. Show Notes for this episode: 00:14 - Introduction 01:12 - What percentage of algorithms are actually successful? 02:58 - Where are the main costs? People? Processes? Data? 03:54 - The process of regression testing and back testing 05:10 - Building in changes for differing market conditions 07:10 - Calibration of algorithms 08:27 - Requirement for accurate historical data 09:25 - Comparison between European, US and Asian environments 13:38 - Tick sizes 14:58 - Buy-side versus sell-side issues 16:20 - Performance monitoring 18:00 - Myths around latency 19:03 - Key issues affecting the industry 21:59 - Block trading 23:45 - How does algorithmic trading affect client relationships? 24:46 - Equities versus other asset classes 27:01 - Issues specific to futures #38; options 29:03nbsp;-FIX Protocol 30:18 - End of interview #38; wrap-up Click here for a full transcript of this episode. We welcome all feedback, so please leave a comment here on the website, call us to leave an audio comment at +44 (0) 20 7193 1295 or send a message to algo@voicesinbusiness.com. Listen Now: To listen to the podcast right now, click on the player icon below. Algorithmic,Trading,,Banking,,Capital,Markets,,Investment,,Finance,,Equities Voices in Business no No ATP02 - Stuart Bevan, Credit Suisse http://www.algotradingpodcast.com/2007/11/19/stuart-bevan-credit-suisse/ http://www.algotradingpodcast.com/2007/11/19/stuart-bevan-credit-suisse/#comments Mon, 19 Nov 2007 12:41:48 +0000 admin http://www.algotradingpodcast.com/?p=10 Stuart Bevan
Stuart Bevan, Credit Suisse

Welcome to episode two of The Algorithmic Trading Podcast, brought to you by Voices in Business and sponsored by Sybase.

Today, we feature Stuart Bevan, Head of Alternative Execution Products Technology at Credit Suisse, in conversation with Sinan Baskan, Senior Product Manager at Sybase and Greg Grimer of Voices in Business.

Detailed show notes for this episode:

00:13 - Introduction
00:56 - Start of interview
01:02 - The impact of MiFID & RegNMS on data distribution
03:13 - Breakthrough technologies
04:12 - Competition from smaller niche players
05:18 - Growth in complexity
07:08 - Growth in volume of data & events
08:02 - Shared services & fragmentation of data
09:24 - Development issues & toolkits solutions
12:26 - US vs Europe vs Asia
13:26 - Complex event processing
14:40 - Re-usability & lifecycle of custom developments
16:45 - What would be the ideal technology?
18:28 - Re-usability of data & anonymity
19:39 - Security issues & performance vs functionality
22:30 - Developer skills & program management
25:08 - End of interview & wrap-up

Click here for a full transcript of this episode.

We welcome all feedback, so please leave a comment here on the website, call us to leave an audio comment at +44 (0) 20 7193 1295, or send a message to algo@voicesinbusiness.com.

Listen Now:

To listen to the podcast right now, click on the player icon below.

]]> http://www.algotradingpodcast.com/2007/11/19/stuart-bevan-credit-suisse/feed/ 25:55 ATP002 - Stuart Bevan of Credit Suisse talks to Greg Grimer of Voices in Business and Sinan Baskan of Sybase Stuart Bevan, Credit Suisse Welcome to episode two of The Algorithmic Trading Podcast, brought to you by Voices in Business and sponsored by Sybase. Today, we feature Stuart Bevan, Head of Alternative Execution Products Technology at Credit Suisse, in conversation with Sinan Baskan, Senior Product Manager at Sybase and Greg Grimer of Voices in Business. Detailed show notes for this episode: 00:13 - Introduction 00:56nbsp;- Start of interview 01:02 - The impact of MiFID #38; RegNMS on data distribution 03:13 - Breakthrough technologies 04:12 - Competition from smaller niche players 05:18 - Growth in complexity 07:08 - Growth innbsp;volume of data #38; events 08:02 - Shared services #38; fragmentation of data 09:24 - Development issues #38; toolkits solutions 12:26 - USnbsp;vs Europe vs Asia 13:26 - Complex event processing 14:40 - Re-usability #38; lifecycle of customnbsp;developments 16:45 - What would be the ideal technology? 18:28 - Re-usability of data #38; anonymity 19:39 - Security issues #38; performance vs functionality 22:30 - Developer skills #38; program management 25:08 - End of interview #38; wrap-up Click here for a full transcript of this episode. We welcome all feedback, so please leave a comment here on the website, call us to leave an audio comment at +44 (0) 20 7193 1295, or send a message to algo@voicesinbusiness.com. Listen Now: To listen to the podcast right now, click on the player icon below. Algorithmic,Trading,,Banking,,Capital,Markets,,Investment,,Finance,,Equities Voices in Business no No ATP01 - Carl Carrie, JP Morgan http://www.algotradingpodcast.com/2007/11/14/carl-carrie-jp-morgan/ http://www.algotradingpodcast.com/2007/11/14/carl-carrie-jp-morgan/#comments Wed, 14 Nov 2007 11:11:10 +0000 admin http://www.algotradingpodcast.com/?p=8 Carl Carrie
Carl Carrie, JP Morgan

Welcome to the first episode of The Algorithmic Trading Podcast, brought to you by Voices in Business and sponsored by Sybase.

Today, we feature Carl Carrie, Head of Product Development, Client Solutions Group, JP Morgan, in conversation with Sinan Baskan, Senior Product Manager at Sybase and Greg Grimer of Voices in Business.

Detailed show notes for this episode:

00:13 - Introduction
01:00 - Start of interview
01:30 - Where do things stand today with Algorithmic Trading?
02:32 - Where are the bottlenecks and gaps?
05:10 - Disruptive/breakthrough technologies
06:08 - Complex event processing
07:46 - How small players & large/scale players fit into the ecosystem
10:22 - North America vs Europe vs Asia
12:59 - Buy-side and sell-side issues
14:08 - Risk-based pricing and dark pools of liquidity
16:17 - Implications of MiFID & RegNMS
19:44 - Maintaining a competitive advantage in Algo Trading
21:15 - How competitive are emerging markets?
22:28 - New types of risk
24:15 - Inbound data issues
26:57 - Architectural paradigms for real-time data distribution
29:44 - Controls & data management protocols
31:06 - Bridging the disconnect between technologists & business
32:41 - End of interview, & wrap-up

Click here for a full transcript of this episode.

We welcome all feedback, so please leave a comment here on the website, call us to leave an audio comment at +44 (0) 20 7193 1295, or send a message to algo@voicesinbusiness.com.

Listen Now:

To listen to the podcast right now, click on the player icon below.

]]> http://www.algotradingpodcast.com/2007/11/14/carl-carrie-jp-morgan/feed/ 33:27 ATP001 - Carl Carrie, Head of Product Development, Client Solutions Group at JP Morgan, talks to Sinan Baskan of Sybase and Greg Grimer of Voices in Business Carl Carrie, JP Morgan Welcome to the first episode of The Algorithmic Trading Podcast, brought to you by Voices in Business and sponsored by Sybase. Today, we feature Carl Carrie, Head of Product Development, Client Solutions Group, JP Morgan, in conversation with Sinan Baskan, Senior Product Manager at Sybase and Greg Grimer of Voices in Business. Detailed show notes for this episode: 00:13 - Introduction 01:00 - Start of interview 01:30 - Where do things stand today with Algorithmic Trading? 02:32 - Where are the bottlenecks and gaps? 05:10 - Disruptive/breakthrough technologies 06:08 - Complex event processing 07:46 - How small players #38; large/scale players fit into the ecosystem 10:22 - North America vs Europe vs Asia 12:59 - Buy-side and sell-side issues 14:08 - Risk-based pricing and dark pools of liquidity 16:17 - Implications of MiFID #38; RegNMS 19:44 - Maintaining a competitive advantage in Algo Trading 21:15 - How competitive are emerging markets? 22:28 - New types of risk 24:15 - Inbound data issues 26:57 - Architectural paradigms for real-time data distribution 29:44 - Controls #38; data management protocols 31:06 - Bridging the disconnect between technologists #38; business 32:41 - End of interview, #38; wrap-up Click here for a full transcript of this episode. We welcome all feedback, so please leave a comment here on the website, call us to leave an audio comment at +44 (0) 20 7193 1295, or send a message to algo@voicesinbusiness.com. Listen Now: To listen to the podcast right now, click on the player icon below. Algorithmic,Trading,,Banking,,Capital,Markets,,Investment,,Finance,,Equities Voices in Business no No Voices in BusinessnonadultThis interview series focuses on challenges affecting Algorithmic Trading environments and includes interviews with thought-leaders and industry experts from banks and other financial institutions.