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Trading Tech Talk 16: Upgrade Dilemmas and Open Source Surprises

Hot Topics in Tech: ICE conquest continues with SuperDerivatives acquisition. Wall Street firms push back against Bloomberg\'s dominance in instant messaging. Dark pool volume not impacted by bad press, regulatory fines & pending litigation. ParFX trials high-speed market makers on their trading platform. Doubts raised over global forex platform. Korea reveals derivatives safety measures. No rush to upgrade OMSs among sell-side firms. TABB Group jumps into best ex fray with clarity.

The Inbox: Listener questions and comments

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• Question from Jerry - I was surprised to learn recently that Goldman Sachs is using open source software for many of their trading systems? Do you guys find that as surprising as I do particularly in the wake of Flash Boys?
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• Question from Simtech - Most tech startups talk about getting to a minimum viable product. Can startups and firms in the financial technology space even do that, given all of the regulatory and compliance hurdles in place? They essentially have to launch with a finished products that is ready to go. Does that place an unfair burden on startups in the financial space?
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