Delivering functionality in response to convergence of market structure. A white paper by GreySpark Partners and Itiviti.
Historically distinct, the FX and equity derivatives markets have undergone significant changes in structure that have effectively seen them converge and create much the same pressures for market participants. This has in turn had an impact on the technology-related challenges that firms face, creating a stronger business incentive to refresh their technology stacks, while consolidating and reducing overhead costs by leveraging multi-asset class solutions.
These solutions exist in several forms: packaged software, development frameworks, and Buy & Build systems. This white paper presents the advantages and disadvantages of each approach, covering the history of the two markets, recent trends and developments, and the specific functionality now required of FX E-trading software.