The increasing use of algorithmic trading and split orders, particularly in Europe with the post-MiFID emergence of new trading venues, has led to higher transaction volumes of smaller amounts. Trading on the mature markets of the United States and Asia (Singapore, Hong-Kong, Japan…), and on fast-growing markets such as India and Latin America, calls for the ability to cope with a large number of transactions. Financial institutions have no choice but to implement a highly scalable processing infrastructure to overcome the hurdles set by ever-growing volumes.

SunGard’s global trading business has designed a brand-new module to support very high trading and messaging volumes. At the database level, the latest advances in ORACLE technology have been used including partitioning and advanced queues. Innovative application design has been implemented to provide unprecedented levels of throughput.

What’s new?

Key areas have been enhanced to utilise in-memory processing and multi-threading capability. The interaction with the database has been designed to optimise throughput by the creation of new transaction commit cycles. In addition to overall high volume processing, users require the ability to set business-driven priorities for the processing of different types of transactions. For example, DMA transactions could be processed ahead of care orders or transactions for key clients could be processed ahead of the rest. It is now possible to work with users and manage peak loads according to their business priorities.

Stream RIMS Eon is especially designed for middle and back office’s 2010 new needs, such as the ability to capture high volumes of trades, in addition to the more traditional needs of setting up rules for the real-time calculation of charges and confirmations, as well as managing netting and smart settlement routing for multiple clearing venues.

Their spokespeople took part in GL NET FORUM conference on September 25^th, 2008. The participants included:

Moderator:
David Myers, Partner in Deloitte Mcs Ltd

Speakers:
Charlotte Crosswell, Nasdaq OMX Europe, President
Artur Fischer, Equiduct, Joint-CEO Börse Berlin Equiduct trading
Pierre Gatignol, GL TRADE, Executive President
Eli Lederman, Turquoise, Chief Executive
Hirander Misra, Chi-X, Chief Operating Officer
Chris Smith, NYFIX Euro Millennium, Head of Business Development Euro Millennium and Director of Nyfix Int.

Since the inception of the MiFID regulation, GL TRADE has been involved in expressing a provider’s view as well as advising its clients on the changes to come. 

MiFID has raised complex subjects, mainly for front-office specialists. However, questions have now emerged around the middle- and back office. 

You will find below information to complete your research on MiFID and the changes in the market structure.
 

See key events since the launch of MiFID in one click!

]]> http://www.gltrade.com/etc/liquidity-pools/info-analysis/feed/ 0 http://www.gltrade.com/etc/liquidity-pools/watch-the-video/ http://www.gltrade.com/etc/liquidity-pools/watch-the-video/#comments Thu, 11 Dec 2008 08:42:17 +0000 admin http://www.gltrade.com/etc/?p=10 ]]> ]]> http://www.gltrade.com/etc/liquidity-pools/watch-the-video/feed/ 0 http://www.gltrade.com/etc/liquidity-pools/gl-trade-creates-the-electronic-trading-community/ http://www.gltrade.com/etc/liquidity-pools/gl-trade-creates-the-electronic-trading-community/#comments Wed, 10 Dec 2008 14:08:03 +0000 admin http://www.gltrade.com/etc/?p=4 Since the GL NET FORUM 2008 last September, we have received many requests to pursue the event’s discussions and share the materials. Besides, a year until the next Forum is a long time, especially in crisis times when financial markets are evolving fast. Which is why we have decided to share with you not only GL NET FORUM 2008 materials, but also topical industry materials we produce or take part in (white papers, industry articles, videos…). As GL TRADE’s client community continues to grow and new technologies emerge, we believe it is tremendously important to create a place alongside the annual GL NET FORUM to share around business and technical trends of the financial services industry. We offer you to join the Electronic Trading Community by visiting this website; themes and hot topics will be regularly posted – we are already starting with two subjects online. To discover all available materials, please identify yourself with a login and password. Also, send us your suggestions and ideas for future discussions by writing to: marketing@gltrade.com.

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