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Citrix in 2023? Surely, a relic of the trading systems of the past?

In Blog by Abdullah Hiyatt

Last week, in a city café, opposite me, the Head of Trading from a well-regarded asset management firm. As our conversation flowed, he revealed an unexpected detail that their buy-side EMS trading front-end, is still humming on Citrix. “Citrix? Now that’s a name I haven’t heard in this context for a while, that was late 1990s and 2000s” I mused, …

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Best execution in fixed income trading -Rhetoric or reality?

In Blog by Abdullah Hiyatt

The obligation to achieve ‘Best Execution’ in the trading world is clear, but is this just a matter of rhetoric for many fixed income buy-side firms, or is it a tangible reality? As we dive into the specific challenges of executing trades in bonds and derivatives, we question whether the traditional methodologies stand up to scrutiny or if there’s a …

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Understanding SaaS and how to make the right choice

In Blog by Abdullah Hiyatt

At the heart of digital transformation lies Software as a Service, or SaaS. A term that, despite being ubiquitous, is often shrouded in mystery for many. Today, let’s lift the veil and explore how SaaS solutions are shaping the future of businesses. What is SaaS? As a model of software delivery, SaaS lets vendor hosted applications remotely and avail them …

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Is your EMS integration as simple as it could be?

In Blog by Abdullah Hiyatt

In the fast-paced world of electronic trading, an effective EMS plays a pivotal role in helping buy-side firms streamline their trading operations, make informed decisions, and swiftly respond to market changes. EMS integration, if done well can be the critical edge that transform a trading desk from being just another player in the competitive financial market to being a market …

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Do you use an EMS? Are you getting the most out of it? Key considerations for buy-side firms.

In Blog by Abdullah Hiyatt

There is a significant buzz about buy-side trading technology. A notable point is that nearly two-thirds of asset managers do not currently leverage an Execution Management System (EMS) for fixed income trading. But what about the limitations and challenges with a buy-side EMS? The buy-side has been long constrained by rigid, monolithic systems that are not only hard to innovate …

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TCA is only one measure!

In Blog by Abdullah Hiyatt

In the complex world of fixed income trading, you might often find yourself questioning whether Transaction Cost Analysis (TCA) is the most optimal tool to support your pre-trade price discovery and decision-making needs. It’s an important and relevant question, one that I have heard echoing throughout our industry. TCA, a critical evaluation strategy that compares the execution price with a …

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Levelling up fixed income buy-side trading

In Blog by Abdullah Hiyatt

How often have you had to compromise on your trading strategy because your systems simply can’t keep up? If you’re like the many fixed income buy-side traders we’ve spoken with, it’s likely more often than you’d prefer. In today’s fragmented trading landscape, traders face a persistent challenge. They’re forced to work within rigid, pre-set workflows dictated by incumbent vendors’ limitations. …

How crucial is an immediate tech overhaul for buy-side traders?

In Blog by Abdullah Hiyatt

The buy-side is on the cusp of a significant transformation, fuelled by volatile market conditions, regulatory changes, and rapid technological advancements. As Gavin Little-Gill from Aite-Novarica rightly highlights, technology has become the great enabler​. However, I would like to offer an alternate perspective on the progress made by incumbent buy-side trading technology providers. While some advancements have brought about useful changes, the …