ARQA Technologies at international trade fair and conference TradeTech Europe 2013
ARQA Technologies took part in the 13-th international trade fair and conference TradeTech Europe 2013 which was held in London on April, 17–18, 2013.
For the 13-th consecutive year TradeTech Europe brought together leading participants of financial markets from Europe and other countries. From its very start the event became one of the principal sources of information, ground-breaking ideas, strategies, as well as a place to share opinions and experiences for most industry participants and this year was not an exception to this rule.
This year the event has brought into contact over 2000 participants from 45 countries worldwide.
The exhibition part hosted 80 companies. Those included largest financial market institutions (Barclays Capital, BNP Paribas, Deutsche Bank, Societe Generale, ATON, BCS, URALSIB Capital - Financial services, OTKRYTIE Capital); IT-vendors developing software for automation of trading operations, data vendors, communication and technological network providers (Bloomberg, Equinix, Fidessa, FlexTrade, GateLab, Interaxion, IT Software, ORC, Progress APAMA, SunGard, Thomson Reuters, ULLINK); and exchanges (SIX Swiss Exchange, LSE, NASDAQ OMX, NYSE Euronext).
During the exhibition ARQA Technologies demonstrated its QUIK system which may be used both as a fully functional EMS-platform and as a risk-server with a developed functionality of online pre-trade order flow control. Participants also had a chance to review fast solutions for trading with inbuilt pre-trade control based on FIX-protocol and exchange APIs: FIXPreTrade, FIX2Markets and MICEXPreTrade.
As usual the company booth hosted discussions of various connectivity solutions – some built on direct exchange gateways and some FIX-integrations for access to trading at Russian and international venues both directly or through technological and data vendor partners.
The conference program of TradeTech 2013 included several parallel streams of discussions featuring subjects relevant to principal categories of market participants.
Most controversial and debated topics were traditionally issues of market regulations and HFT in particular. Panel discussions and presentations focused on likely practical consequences of MiFID II for HFT as well as prospects for all other participants of European trading venues. Throughout the discussions it was possible to put questions directly to representatives of regulating authorities.
A separate stream dealt with likely development scenarios at emerging markets. One panel discussion was devoted to aspects of financial markets development in BRIC (Brazil, Russia, India and China). Experts expressed caution about economic trends in those regions and suggested that some investments may be diverted to other emerging markets.
Several panel discussions in other streams featured subjects of pre-trade risk management, management, market data analysis and order execution data for trading, development of surveillance-solutions, dark pool regulation and smart order routing practice.
General economic discussions dealt with market globalization issues – pros and cons of combining several markets currently in operation into one trading environment.