Open Platform: The Law & Order of Latency
Supporting the low-latency needs of high-frequency trading has required an overhaul of data and technology infrastructures. Yet in many cases, these new paradigms are governed by the same old legal terms. Paul Hinton, commercial technology partner at London-based law firm Kemp Little LLP, makes the case for how contracts must keep pace with the new IT environment.
Technology has transformed financial markets as IT systems can process information and execute trading strategies with precision and
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