Event Processing blog

Today in Event Processing

In his most recent post, Dr. John Bates discusses the technology glitch that caused BATS share price to plummet within minutes of its first IPO. Comparable to an “own goal” blunder, Dr. Bates refers to the malfunction as a wakeup call, urging exchanges and trading destinations to perform extensive back-testing and market simulation to prevent such a problem from occurring in the future. 

Check out his full commentary here. 

 

Today in Event Processing

In “Therapy for Toxic FX Order Flow”, Dan Hubscher discusses the challenges that equity markets are facing due to high frequency and algorithmic trading in foreign exchange markets.  He explains that the rise in high order cancellation has resulted in the discouragement of cancelled trades through increased controls, as well as incentives for those who have high fill ratios. 

Read Dan’s full commentary here.