I am very excited to have recently joined the board of Marketcetera. Several colleagues have asked why I joined the board, so here is what I found so compelling about Marketcetera:
Filed under: Marketcetera, open-source, Trading Trends, Uncategorized | 3 Comments »
The financial world is now making way for open source software, and big banks are playing follow the leader. As HSBC, Bank of New Zealand and JPMorgan all announced recently, the open source paradigm is creeping in to their technology architectures. Perhaps we’re witnessing the start of something …. ? Let’s look at the benefits [...]
Filed under: Marketcetera, open-source, Trading Trends | 1 Comment »
On Christmas Eve, BusinessWeek Online ran an article, “Bring Open Source into Hedge Funds.” Talk about hitting the nail on the head. The article by Peter Algert, co-founder of the San Francisco-based Algert Coldiron Investors hedge fund, asks for some open-source love for hedge funds. He argues hedge funds are too focused on making money [...]
Filed under: Marketcetera, open-source, Trading Trends | 2 Comments »
When The 451 Group approached Marketcetera 2 months ago to contribute to a commercial open source report, we weren’t quite expecting the end result to be titled, “Open source is not a business model.” The analyst firm surveyed 114 open source companies, including Marketcetera, on their business strategies. They sought to answer the question that [...]
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Our team just returned from Wall Street and a battlefield tour of our current market travails. What became clear to me, through our discussions with customers, prospects, analysts and press, is that the current market volatility will accelerate the industry’s adoption of open source software. Financial institutions have a deep and abiding frustration with incumbent [...]
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A plague of locusts, a river of blood, maybe some boils? Hello everyone, my name is Roy Agostino and I am the newest member of the Marketcetera team. I joined just as the latest market gyrations began and I am very curious on the community’s thoughts on how we will emerge from this turbulent period. [...]
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Let’s not debate the merits of the enormous regulatory changes from the SEC today, but take it as a given that we all need to deal with it. Today’s unheralded announcement, as well as the 2 week expiration date, represent lightning-fast time frames in an industry that is typically given years to prepare for such [...]
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It’s been an eventful week in the capital markets, as four fairly large dislocations sent traders scrambling. I’m not going to comment on the Fannie/Freddie bailout, or on the glitch at the LSE that halted trading for much of Monday. And I’ll leave it to Paul Kedrosky at “Infectious Greed” to draw a connection between [...]
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A few weeks ago we blogged about how block trades have been melting into streams. Buy side, and sell side institutions have already, for the most part, incorporated the new paradigm into their business models. This week we get news that another exchange has figured it out. The Deutsche Börse made an announcement that they [...]
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As the heat rises in global securities markets, blocks have melted into streams: trades that were previously executed as one big block of shares are being broken up into a series of smaller trades and reported to a customer at an average price. Among the most visible evidence of this trend are the precipitous drops [...]
Filed under: Trading Trends | 1 Comment »
