Max is editor-at-large at WatersTechnology, based in Infopro Digital's New York office.
Max joined then-Risk Waters Group (prior to its acquisition by Incisive Media) in 2000, and has worked as a reporter on Risk Magazine, FX Week, Trading Technology Week (now Sell-Side Technology) and Buy-Side IT (now Buy-Side Technology), before joining Inside Market Data as European reporter in 2003. He moved to New York as US reporter in 2005, and became editor in 2006. He was a contributor to sibling Inside Reference Data, and was founding editor of Inside Data Management, which merged the IMD and IRD newsletters into a monthly glossy magazine.
Under the new fee policy, some of the largest users of the LSE’s identifier codes could see their Sedol spend more than double, though the exchange says the “vast majority” of clients will see no increase.
A long-time AWS client, Finra is using a combination of AWS tools and its own knowledge graph to generate better search results.
Network provider says the deal arms it to operate in uniquely nuanced regional markets.
A look at some of the key people moves from this week, including Brad Levy (pictured), who will take the reins at communications platform Symphony in June, after joining the vendor in July last year.
A summary of some of the past week’s financial technology news
As markets for trading stock in privately-held companies become more prevalent and exchange-like, and potentially attract more investors, Max questions what impact this will have on fully-fledged exchanges and their offerings.
Sources say initiative is designed to fend off higher fees and disintermediation in case established multi-dealer platforms start trading CLOs.
Private stocks are opaque, illiquid, behave differently from public markets, and lack the same infrastructure as public marketplaces, creating back-office integration challenges for firms that want to trade these stocks in a more liquid manner. But as…
With traditional ratings agencies facing increased hostility from financial firms, new entrants are hoping to reshape ratings. But will fresh approaches appeal to an industry underwhelmed by existing offerings?
Customized content and its ability to be integrated easily will be key factors for news providers—old and new—in creating value for financial consumers.
While market data departments are rarely highlighted when it comes to innovation, Max says that doesn’t mean there aren’t disruptive tech projects underway.
Startup DLT provider TradeX proposes using blockchain's immutable ledger as an indisputable record of market data entitlements and consumption, to reduce licensing disputes.
TRG will combine J&J's six-year-old MDR managed service for data reporting with its own similar ADS declarations service.
A summary of some of the past week’s financial technology news.
As interest in OTC marketplaces grows, so does the value of data generated by brokers in those markets. But monetizing that data involves many challenges. Max looks at some potential solutions.
Technologies such as knowledge graphs that look at data in a non-linear manner can not only spot correlations and associations that aid investment analytics, but can also help tackle costly challenges such as change management and regulatory reporting.
Interdealer brokers are looking enviously at the way exchanges have been able to grow data revenues, providing a stable stream of profits as other business lines have declined. But following the exchange model has its own challenges.
Trading in large, privately-held stocks has hitherto been the domain of large private equity investors. A new technology platform aims to make these markets more accessible to broker-dealers by integrating with the back-office processes that firms…
Algorithm development specialist BestEx Research is making a play to address inefficiencies in futures trading algorithms.