Managing Big Data After Brexit


The UK’s Brexit vote threw traders and investors off-balance and disrupted global financial markets. In a global, interconnected market, Brexit reminds firms that IT systems must be prepared for shocks to the financial system. FlexTrade’s Ivy Schmerken investigates.



The UK’s Brexit vote threw traders and investors off-balance and disrupted global financial markets.

After the UK’s June 23 referendum to leave the European Union, traders and investors awoke to a global sell off in stocks, a surge in U.S. equity trading volumes, and volatility in foreign exchange rates as the British pound sterling fell to historic lows against the US dollar.

Despite the uncertainty, U.S. stocks – the blue-chip Dow and the S&P 500 — recovered and hit new highs since then. Yet investors are still wrestling with concerns about the global economy and the fallout from the UK’s decision to leave the EU.

In a global, interconnected market, Brexit reminds firms that IT systems must be prepared for shocks to the financial system.

Read More

FlexTrade is a global leader in broker-neutral, execution and order management trading systems for equities, FX, options, futures and fixed income. A pioneer in the field, FlexTrade introduced the first trading system that allowed clients to control and customize their proprietary algorithms while maintaining the confidentiality of their trading strategies. Change is the only constant in electronic trading. That's why FlexTrade is continuously upgrading its products and services. All can be tailored to meet the demanding requirements of a global client base of more than a 225 buy- and sell-side firms.
CONTACT
Sales
sales@flextrade.com
516-627-8993
  Company Website
  Linkedin
  Company Blog
  Newsletter
  Google +