Opra Delays FAST Switchover

According to a letter sent to Opra data recipients by Opra executive director Joe Corrigan last week, the current ASCII network for equity and index options will now terminate on April 21, instead of the previous deadline of March 14.

Later this year, clients will be required to migrate from Opra's current FAST network to FAST for Symbology, which will support a new options symbology being developed by Opra and the Options Clearing Corp., according to the letter. The current FAST network will

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Systematic tools gain favor in fixed income

Automation is enabling systematic strategies in fixed income that were previously reserved for equities trading. The tech gap between the two may be closing, but differences remain.

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