Innovation and Regulation at Tradetech 2012

By: Andy Young - 08/05/2012

Andy heads up the specialist sales team for Colt Capital Markets. He has held a number of client facing roles since joining Colt in 2003, working with financial services customers across the globe to identify technology strategies to provide the fastest access to liquidity. He started his working life as an FX broker at Harlow Butler before moving into the technology vendor space. In his current role, Andy has worked very closely with a number of Sell Side firms to help them deploy their global trading platforms. He can be found on Twitter @andygy007.

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Last month, I was fortunate to be representing Colt at Tradetech 2012, one of Europe’s key events for bringing together the trading community to discuss burning issues and take a look at new products and services.

Colt at Tradetech 2012
The show was well-attended from buy-side and sell-side with plenty of burning topics to be discussed and created the opportunity to meet up with existing customers like the London Stock Exchange, further discussions with potential customers and talk to analyst houses  like the TABB Group to get their view on the market. Among the most popular debates were speculation about emerging markets, how technologies such as low latency can help shape the future of the HFT industry and the increasing appetite for wireless. But it was regulation that truly dominated the conversation with many people looking for direction as to when regulations would come into force and what that means for operational risk management. We decided to ask our own questions about regulation. When we took a straw poll of visitors to the Colt stand, we found that:

•    61% think that regulation will have the greatest impact on HFT in 2012
•    86% think that regulation will increase infrastructure spend during 2012 and 2013

The results are no surprise and highlight the expected impact of regulatory changes on IT operations.

Colt and MarketPrizm at Tradetech 2012
At the show we were delighted to reveal the great news about a new route ourselves. The new ultra low latency link between the NYSE’s data centre in Basildon and Frankfurt will provide traders with a reduction in data transfer times of up to 10%. It generated a lot of interest from the press and market participants alike but it is only the first in a series of new ultra low latency routes that Colt is announcing in 2012 to help clients trading on multiple exchanges across Europe to execute trading strategies faster and better. We were really pleased with the response from the market to our news; it reinforced our believe that Colt is really leading the way and that’s a great position to be in as we celebrate our 20th year of providing connectivity to the financial services market.

Colt birthday cake from Tradetech 2012

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