Hugh is a specialist in STP, automation/efficiency and outsourcing, in post-trade, clearing/settlement and treasury/payments. Before joining Colt in 2011, he worked both inside Financial Services for banks and brokers and for service providers to the sector.
The Chicago Mercantile Exchange recently announced that it is to close its futures trading pits by the beginning of July this year, bringing to an end 150 years of open outcry trading. The sea of brightly-coloured jackets whose movements were once a barometer of market sentiment have now been replaced by the bluish glow of computer [...] Read more
It is increasingly apparent that the longer-term viability and profitability of any financial institution depends on ending its reliance on legacy technology – IT systems that have been in place for decades and are no longer fit for the much changed business purpose. Extensive merger and acquisition activity in the industry has contributed to technological deficiencies, [...] Read more
For many companies in the financial sector, the resilience of their systems is vital to their business model and an area where no compromises can be made. Since financial companies have a level of systems requirements that are very specific and quite demanding, it is important for them to be able to trust their infrastructure partner. [...] Read more
A recent article caught my attention on the topic of FX markets regulation, lately a hot-button issue here in Europe. As Christian Voigt rightly pointed out recently on Fidessa’s Regulation Matters blog: “Although it is widely accepted that MiFID II will implement new regulation on algorithmic and high-frequency trading, that doesn’t seem to have stopped the [...] Read more
Trading based on social media sentiment has become a trending topic itself – with recent news stories showing both the negative and the positive impact social media can have on a company’s share price. Last week billionaire investor Carl Icahn caused a rise in Apple’s stock price after sharing his opinion that the stock was undervalued [...] Read more