Ron Troy

Market Data and IT consultant at RT MDS Consulting

Message Posts: 0 Comments: 7

Bio I am a Market Data and IT professional with experience in sourcing, contracting, negotiations, database administration and programming of financial systems. Currently I provide Market Data and IT consulting and advice.

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FTX implosion shows need for crypto regulation - BofE's Cunliffe

Why shouldn't crypto that has nothing behind it, like most crypto, not be banned?

07 Dec 2022 Reply Read article

FTX implosion shows need for crypto regulation - BofE's Cunliffe

How do you regulate somethng based on hot air and crime?

21 Nov 2022 Reply Read article

AFME urges faster adoption of cloud computing in capital markets

A good reason to go with the cloud is if you have a small firm without a substantial dedicated support staff, or if a given service is one that is not central to what you do. For instance, it might make sense to have a cloud based Market Data feed system if it can be done without adding noticable latency, and may be even more timely in algo trading. Same with certain types of trading systems. But while the solutions may be called 'cloud' based, they work best with direct comms to the providers without any public / external exposure. Indeed, exposure to the Internet is a huge concern security wise, also reliability wise. DDOS attacks, hacking in general, are all things to be avoided, especially where loss of service or hacking can put the business in danger. Yet with good enough security, some access via the Internet might make sense. Salesforce is one example, because you have users in the field, not just in an office. Or Market Data management systems, but in that case you should still explore direct lines to the vendor. So while cloud can make sense, it also brings dangers if not handled well, especially if communications go over the Internet. Think it through before you plunge in!

05 Nov 2019 Reply Read article

Money 20/20: Latin American fintechs can serve the US better than US fintechs

Just because someone outside the US 'can' do a job for US financial institutions, doesn't mean that US tech workers should be fired and their jobs sent overseas. We in the US have lost a massive quantity of tech related jobs that have gone overseas or to odd locations in the US, a big part of the ongoing destruction of the US middle class.

28 Oct 2019 Reply Read article