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

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

• Margin calculations, and the behind-the-scenes voodoo


• The Janus margin engine, and real-time margin calculations


• Is real-time risk and margin a response to the new regulatory environment?


• Avoiding latency


• What is the engine driving the machine?


• OTC and the migration to listed options


• Fragmentation and the resulting complexities


• Janus risk management, market surveillance and compliance capacities


• How do they deal with fragmentated data


• Increased precision on timestamps, and the added complexities as a result


• Are there any inklings of systemic risk on the horizon?

The Inbox: Listener questions and comments

• CFTC and SEC can't handle the new era of trading. What about a new cyber-regulator?


• Are the exchanges to blame for the rise of HFT?