"There are fewer things that can break," one Wall Street CTO says.
Vela Trading Technologies is one firm on the acquisition trail.
'Old-school' brokers who don't adapt may find themselves driving for Uber.
Millennials seek the most streamlined user experience.
MiFID II is spurring innovation.
Digitalization of capital markets processes is a challenge for investment banks.
Costs for trading French and German equities have fallen.
Brexit-related fragmentation could require banks to hold additional equity capital.
Fund managers eye new counterparties and peer-to-peer liquidity platforms.