Capital markets
Florida and folly: Boca attendees forecast the future of market structure
Prediction markets, 24-hour trading, and tokenization were the topics du jour at FIA Boca this year, indicating that markets are getting more comfortable with the unconventional.
What does the future of trader voice look like?
The trader voice market has shrunk to three main players: IPC, BT, and Symphony. The battle for market share and desk real estate is pitting hardware against software.
Reddit fills gaping maw left by Twitter in alt data market
The IMD Wrap: In 2021, Reddit was thrust into the spotlight when day traders used the site to squeeze hedge funds. Now, for Intercontinental Exchange, it is the new it-girl of alternative data.
Market participants voice concerns as landmark EU AI Act deadline approaches
Come August, the EU’s AI Act will start to sink its teeth into Europe. Despite the short window, financial firms are still wondering how best to comply.
American Financial Technology Awards 2025 winner’s interview: Connamara Technologies
Connamara Technologies’ recent win in the AFTAs on the back of its EP3 platform
AI-driven infused reasoning set to democratize the capital markets
AI is reshaping how market participants interact with data, lowering barriers to entry and redefining what is possible when insight is generated at the same pace as the markets.
Fintechs grapple with how to enter Middle East markets
Intense relationship building, lack of data standards, and murky but improving market structure all await tech firms hoping to capitalize on the region’s growth.
The next phase of AI in capital markets: from generative to agentic
A look at some of the more interesting projects involving advanced forms of AI from the past year.
Will overnight trading in equity markets expand next year? It’s complicated.
The potential for expanded overnight trading in US equity markets sparked debate this year, whether people liked it or not.
FIX Trading Community recommends data practices for European CTs
The industry association has published practices and workflows using FIX messaging standards for the upcoming EU consolidated tapes.
Buy-Side Technology Awards 2025 winner’s interview: Iress Trading and Market Data
Iress Trading and Market Data’s Michael Barbera discusses the firm’s win in the Buy-Side Technology Awards 2025.
The cost to build and maintain market data processing infrastructure using FGPA technology
The true cost of real-time market data infrastructure: Quantifying the build versus buy debate for capital markets firms (Part II)
Tokenized assets draw interest, but regulation lags behind
Regulators around the globe are showing increased interest in tokenization, but concretely identifying and implementing guardrails and ground rules for tokenized products has remained slow.
Nasdaq’s blockchain proposal to SEC gets mixed reviews from peers
Public comment letters and interviews reveal that despite fervor for tokenization, industry stakeholders disagree on its value proposition.
Buy-Side Technology Awards 2025 winner’s interview: S&P Global Market Intelligence
S&P Global's Emily Jasper discusses the firm's Best buy-side CRM platform category win
A cost and resource analysis on building and maintaining market data processing technology in software
The true cost of real-time market data infrastructure: Quantifying the build versus buy debate for capital markets firms (Part I)
SIX, ViaNexus build market data platform to unite data consumers, producers
The assets that formerly comprised IEX Cloud will underpin a new market data platform that hopes to give SIX Group and its data consumers a closer, more controlled relationship.
TMX’s CEO wonders if tokenization is a ‘solution looking for a problem’
While acknowledging the potential of tokenizing securities, John McKenzie said regulators shouldn’t move too fast, and let customer demand drive adoption.
Bolsa Mexicana embarks on multi-year modernization project
Latin America’s second largest exchange is embracing cloud and upgrading its infrastructure in a bid to bolster its global standing, says CEO.
The US Treasury market preps for plumbing overhaul
Changes are coming to the US Treasury market with potential new clearing houses, access models, and more flow as the industry gets ready to meet the SEC’s first deadline for central clearing.
Fixed income data continues to challenge capital markets firms
A range of challenges facing fixed income market participants