NEW YORK--The two major T+1 utility sponsors--the Global Straight Through Processing Association and Omgeo--have recently started discussing interoperability. Just how or to what degree they will work together remains open for debate.
Gordon Henderson, CEO of Tradinglinx, a concentrator working with the GSTPA and a potential competitor of both initiatives, believes that the debate will be answered by the buy side. "The buy side will be dictating where the trades get matched," he says. "Theref
James and Anthony talk about the looming Sibos event in Toronto and take a look at some recent M&A activity and blockchain developments in the capital markets.Subscribe to Weekly Wrap emails