Competitor pushes Caplin Trader


I attended the TMX Atrium drinks last week and ran into a friend who told me an interesting story. He was at the recent TradeTech show in London perusing the stands and noticed something very odd at one stand. A streaming vendor had an impressive screenshot on their stand….but the screenshot said “Powered by Caplin”. I assume they had downloaded the screenshot from our website.

Cue much embarrassment when this was pointed out to the vendor’s staff!

Still, it’s nice to know that they think as much of our GUIs as we do. All I can say is you should see what our UX team is creating now!

NATAS webcast: Building a multi-asset e-commerce infrastructure


Caplin Systems was proud to be one of the sponsors of Waters’ North American Trading Architecture Summit (NATAS) at the Westin Times Square in New York recently.  Continue reading

Reuters launches hosted FX Aggregation service (using Aegisoft)


Following the acquisition last year of Aegisoft, Reuters has now released a hosted FX liquidity aggregation and algorithmic execution enhancement capability for FX.

A welcome addition to the Reuters RET product suite.

It will be interesting to see to what extent Reuters ‘opens this up’, Continue reading

At a packed NATAS, two sessions focus on SDPs


The Waters North American Trading Architecture Summit in New York yesterday was very well-attended. In fact there was standing room only at the plenary sessions.

Among a wide range of topics, two presentations addressed SDP technology. Patrick Myles, CTO of Caplin Systems, talked about the role of domain-driven design, architectural frameworks and anti-corruption layers in designing multi-asset e-commerce systems. Later in the day, Matt Davey, CTO of Lab49, demonstrated an HTML5-based trading front end, and talked about the use of hardware messaging appliances.

Other popular topics included – no surprise – cloud computing in finance (seen broadly as important but difficult and expensive) and low-latency architecture.

Caplin SDPs move into the world of REM


Caplin’s excellent technical blog, ‘Platformability‘ has a great post today talking about devlopment work we have done for an SDP which uses eye gestures to control the GUI.

With this new technology, Caplin will move into the eye trading equivalent of High Frequency Trading (HFT), which will of course be Rapid Eye Movement trading (REMt) for short!

Take a look here

HTML5 on iPad: conspiracy or cock-up?


The Register published a rather breathless report today on an alleged sneaky trick by Apple.

Apparently, with Apple’s latest release of its mobile operating system (iOS 4.3), HTML5 apps running on an iPad or iPhone run slower when “installed” on the home screen than they do in the browser.

After you open a Web page on an iPad or iPhone, Apple allows you to save a shortcut to your home screen. If the page is a Web app, the result is something virtually indistinguishable from a native app, except it’s written in HTML5, and you don’t get it through the App Store but direct from the publisher over the Web. HTML5 apps run really well on the iPad — at Caplin, we’ve already written some proof-of-concept trading apps in this way, and the functionality and performance are surprisingly good. Continue reading

Single Dealer Platforms: Native or Browser-based Mobile Apps?


Mobile services is one of the hottest places in the single dealer platform arena right now as tier 1 investment banks chase the retail banks and online brokerages by providing corporate and institutional mobile offerings.

JP Morgan kicked off the race early last year, launching an iPhone version of MorganDirect – an institutional foreign exchange and rate trading platform – and other banks have since released a wealth of research, analytics and portfolio management apps for both internal staff and external clients.

While sell-side traders might not be swapping Bloomberg terminals for a handheld devices any time soon, it seems inevitable that banks will invest in mobile technology to cater for buy-side ‘anytime & anywhere’ demand, to increase flow and offer value-add.

And as business pursues mobile pre-trade, execution and post-trade services, e-commerce managers face some rather tough questions:

Continue reading

IE6 in slow browser shocker!


Ok, so it’s not that much of a shocker… We all know that IE6 is slow. But how slow, really, in comparison to the modern browsers?

IE6 is 2 orders of magnitude slower when comparing pure JavaScript execution speed with Google Chrome (version 9).

What’s also interesting is that IE7 is barely better than IE6 (1.4 times the speed) and IE8 doesn’t set the world on fire either (5.5 times the speed). Only the unreleased IE9 gets anywhere near the same ballpark as its rivals:

JavaScript performance (SunSpider 9 tests) - Caplin Systems Ltd.

What does this mean for trading applications? Continue reading

The HTML5 Juggernaut


In case you missed it, 2010 was the year when HTML5 hit the big time.

It started back last January with Steve Jobs coming clean about why Apple would never support Flash (and by implication Silverlight) on its mobile devices, and throwing all of Apple’s weight behind HTML5.

It continued with the rapid decline in the use of Internet Explorer (now less than 50% of the market), with Microsoft doing all it can to drive users away from IE6  and on to the HTML5-compliant IE9. Growing acceptance of Chrome Frame as a way of fixing the “legacy IE” problem helped, too.

But the real turning point was on 21 October, when Microsoft CEO Steve Ballmer admitted in public for the first time that HTML5 was Continue reading

Single-dealer platforms – the “social network” for investment banks?social network


Interesting article in Financial Services  Technology where Rule Financial’s Graeme Harker comments on single-dealer platforms:

“From the trader’s perspective, these next generation SDPs allow the bank’s customers to “friend” trade advisors, seek advice and view market insight about trading opportunities. These features help investors identify not just the best price, but also the most profitable investment opportunities. And just as the iPhone was a game-changer in the mobile market largely because of its superior user interface design, the aforementioned US investment bank believes that its SDP platform will prove to be a game changer in capital markets for the same reason. How has this become possible? Technology has played a pivotal role. Unlike almost all systems that have gone before, the new single dealer plaforms are being built using a truly user-centric approach using Rich Internet Application (RIA) Technology.”

Please click here for the full article.