Trading Tech Talk 48: The Dark Art of Real-Time Risk Analysis

Published: March 29, 2016, 4:38 p.m.

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CTO Interview: In this segment, Mark and Henry are joined by Alexander Lamb, head of Business Development at the Technancial Company. They discuss:

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  • Margin calculations, and the behind-the-scenes voodoo
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  • The Janus margin engine, and real-time margin calculations
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  • Is real-time risk and margin a response to the new regulatory environment?
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  • Avoiding latency
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  • What is the engine driving the machine?
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  • OTC and the migration to listed options
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  • Fragmentation and the resulting complexities
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  • Janus risk management, market surveillance and compliance capacities
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  • How do they deal with fragmentated data
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  • Increased precision on timestamps, and the added complexities as a result
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  • Are there any inklings of systemic risk on the horizon?
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The Inbox: Listener questions and comments

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  • CFTC and SEC can't handle the new era of trading. What about a new cyber-regulator?
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  • Are the exchanges to blame for the rise of HFT?
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