Steve Grob

Steve Grob

Director of Group Strategy at Fidessa
Posts: 143 Comments: 3
Bio I am responsible for strategic development at Fidessa. This includes the development of new geographic markets and strategic partnerships and driving new industry initiatives. As part of this I head up our strategy in response to the new post MiFID trading landscape, managing our initiatives in conj Career History Prior to joining Fidessa I was the founder and CEO of specialist derivatives software house Future Dynamics which was one of the companies at the vanguard of the shift from open outcry to screen based trading in world derivatives markets. This business grew to be one of the major facilitators of wor

Blogs

 

History of the World Part III

06 Feb 2018

Those of us who have been in the industry for a while will remember what became known as the "Battle of the Bund" back in the early 1990s.The quick version is that newly formed DTB (now Eurex) managed, in just a few months, to repatriate trading in the benchmark Bund futures contract from London based incumbent, LIFFE. It did this by dep...

 

ESMA’s first Heisenberg moment

10 Jan 2018

Anyone who has watched the cult TV series Breaking Bad knows that Heisenberg was the clandestine alias adopted by the show's chief protagonist, Walt White. The 'original' Heisenberg was, of course, the brilliant German theoretical physicist who developed his famous Uncertainty Principle. Simply stated it says that one can know either the position ...

 

Storm in a tea cup

03 Jan 2018

As Storm Eleanor literally howled across the UK last night I woke up wondering if it was some portent to today – Jan 3rd – MiFID II go-live day. But here I am, sat at my desk, and everything seems pretty normal. No one seems to expect huge volumes today though, as traders gently blip the throttles of their new MiFID compliant trading machines. But...

 

Bitcoin futures - the best idea ever?

05 Dec 2017

I read yesterday that Cboe is bringing forward the launch date for its Bitcoin futures contract in a bid to usurp its rivals at the CME. This set me thinking about the likely impact of these contracts on the price of Bitcoin itself. As my good friend John Lothian has always maintained, futures markets are all about risk transfer and not irresponsi...