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The Future of the Trading Turret Market: Up, Down, or Sideways?

Published by: TowerGroup

Published: Dec. 11, 2006 - 12 Pages


Table of Contents



TowerGroup Take-Aways

Report Coverage

Vision

Current State of Trading and the Trading Turret

Trading Turret Market

Exhibit 1 Number of Trading Turrets by Vendor and Region (2006)

Exhibit 2 Number of Trading Turrets Installed Globally (2006-10)

Exhibit 3 Growth Opportunity for Trading Turret Vendors by Region, Asset Class, and Type of Firm (2007-10)

The State of VoIP and Telecom Infrastructure

Exhibit 4 Key Attributes of Voice over Internet Protocol (2006)

New Features and Functionality on the Trading Turret

IP Networks

Interoperability with the PC

Extranets

Voice Recognition and Translation

Rules-Based Alerts

Design

Summary


Abstract

This Research Note looks at the forces driving trading and the impact on the trading turret. As more avenues for communications enter the consumer market, traders and their counterparties are pushing for the implementation of technologies such as instant messaging and videoconferencing. Turret providers will cement their role as software- and hardware-based communications controllers by incorporating these technologies into their products. A look around the globe at the different asset classes and firms reveals distinct threats and opportunities for turret vendors. This note examines the changes in the trading environment and the impact on traders and trading turret vendors.

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