Waters Wavelength

This week, Chris Isaacson, the chief information officer of Cboe Global Markets, joins the podcast to discuss the exchange operator’s mass migration of its futures and options exchanges to a brand-new technology base. Ever since Cboe acquired Bats in 2017—and, as Chris tells James, even before the ink was on the page—the plan had been to move to Bats’ proprietary technology, and the firm completed its latest migration on May 14th with the C2 Options Exchange. Chris discusses the challenges of moving an entire exchange’s the base while keeping it running, and looks ahead to the big project in 2019, when Cboe will be moving its flagship options exchange to the new foundation. Before that, though, a quick look at the General Data Protection Regulation (GDPR), which went live on May 25. GDPR 2:15 GDPR is now live—here’s what you need to know. 6:15 Who will be the first to get hit with a fine? 7:30 A rule that snuck up on everyone. 9:45 What this means for the future. https://www.waterstechnology.com/regulation