After picking holes in banking infrastructures, and the lack of integration
the institutions have with today’s connected world, there is one part of the
market that really gets technology. They do not just get technology, but they
lead in it.
Where?
Investment markets.
The investment markets are more than just connected with the world of
technology today. They are integrated with it.
You only have to look at the exchanges, like the refreshed London Stock
Exchange (LSE) and upstart Chi-x, to hear of trade processing taking place at
the speed of light. Here are the latest stats to process a trade on LSE and Euronext:
2005 October 2007
LSE 140 milliseconds 6 milliseconds
Euronext 200 milliseconds 5 milliseconds
To put these speeds in context, the human eye takes around 200 milliseconds to
blink.
Chris M Skinner
Chris Skinner is best known as an independent commentator on the financial markets through his blog, TheFinanser.com, as author of the bestselling book Digital Bank, and Chair of the European networking forum the Financial Services Club. He has been voted one of the most influential people in banking by The Financial Brand (as well as one of the best blogs), a FinTech Titan (Next Bank), one of the Fintech Leaders you need to follow (City AM, Deluxe and Jax Finance), as well as one of the Top 40 most influential people in financial technology by the Wall Street Journal's Financial News. To learn more click here...
