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Same here, only I started some time earlier and have implemented the central trading system side of all these instruments. I agree, the basic contracts and simp
by mianos 11y ago
Same here, only I started some time earlier and have implemented the central trading system side of all these instruments. I agree, the basic contracts and simple combinations are the simplest part.
- lifeisstillgood 11y agoBut are not the basic contracts where all the volume is - is the opportunity for new banks to come in and provide volume on a new cheap stack? Existing banks seen usually add enormous implementation costs trying to solve the last 20% (reasonably as that's where profit tends to be) but it makes implementing the first 80% almost impossible I see this elsewhere too - solving business problems with software tools not with business tools.