Emerging Technologies
Max Bowie: New Data Types Need a Big KISS
As market data becomes more voluminous and more complex, Max says providers of new content and the technologies for making sense of it are not only expected to provide clarity from the data, but also guidance on how to get the most out of it so potential…
State Street Global Exchange Adds Bohn, Hughes to Analytics Team
State Street Global Exchange, which provides data, analytics and electronic trading solutions, has added Jeffrey Bohn and Thomas Hughes to its analytics team.
Aquis Names Three to Board, Reflecting WSE Deal
Aquis Exchange has added three to its executive board in reflection of its recent strategic partnership with WSE.
Turquoise Derivatives Arm Relaunched Under New LSEG Colors
London Stock Exchange Group (LSEG) today announced it has acquired the derivatives business of Turquoise, the London-based multilateral trading facility.
HSBC Hires Experienced Data Executive
Lorraine Waters has joined the firm's data management unit as deputy group chief data officer and head of data policies
EACH Names Plata Secretary General
The European Association of Central Counterparties (CCPs) Clearing Houses (EACH) has appointed Rafael Plata as its first secretary general.
Tech Panel: Act ‘Appropriate,' But Speed Still Needs Spend
With today's capital markets increasingly automated and reliant on high-performance technologies, budget constraints resulting from the economic crisis of recent years are forcing firms to be more selective about building proprietary systems in-house…
CJC Taps Beebeejaun as Sales Head
Market data consultancy and real-time systems support and management provider CJC has hired Feroze Beebeejaun as head of sales, responsible for generating new business for CJC's outsourced support operations and for its commercial management business…
Misys Adds Medlock as CFO
Rick Medlock will join the buy-side technology provider in 2014 after leaving Inmarsat, a mobile satellite services company where he has overseen finances since 2004.
New Regulations Will Drive Data Costs Higher, Panel Warns
The growing raft of new regulations are increasing the market data burden on all market participants for risk analysis and for meeting reporting requirements, while also increasing the cost of connecting to and aggregating new datasets, said panelists at…
EFIS User Panel: Data Cost Control Becomes Cultural Shift
Continuing pressure on data budgets at end-user firms following the financial crisis is creating challenges for market data managers, but is also creating opportunities to bring new approaches to how firms source and consume data, said panelists at this…
EFIS Keynote: HSBC Chief Data Officer Baker Defines Value of Data
Unlike precious assets such as gold, the value of market data is governed not by its rarity, but by its significance and usefulness, which depends on its ability to inform decisions and solve problems-and which in turn depends on having a dedicated…
PTP Gains Traction as De Facto Latency Monitoring Protocol
As financial services firms look to improve their latency monitoring and measuring, PTP is gaining greater acceptance as Wall Street firms move away from NTP, the traditional protocol for clock synchronization.
Citing Tech Concerns, Sifma Pushes Back on SEF Deadline
Sifma has sent out a final plea to regulators to push back next week's swap execution facility (SEF) registration and compliance deadline—largely because technology questions remain.
In the Public Interest: Tech Critical as Public Investors Seek More Active Approach
A small but influential set of private equity’s limited partners, many of them quasi-public entities like pension plans and sovereign wealth funds, are considering co-investment strategies with their general partners, or even arranging deals directly…
FIX Trading Community Publishes SEF Guidelines
The FIX Trading Community, formerly FPL, has published guidelines on the exchange of information between broker-dealers and swap execution facilities (SEFs).
Industry Vet Scouse Founds Data Cost, Content, Compliance Consultancy
Trevor Scouse, a 35-year veteran of the financial services and market data industries, has set up a consultancy, TJS Data, to advise data consumers and distributors on cost and compliance issues surrounding market data acquisition and management.
Myra Trading's Yanilmaz Discusses the Growing Cost of Market Data at IMD Chicago 2013
Mehmet Yanilmaz, partner at Chicago-based proprietary algorithmic trading firm Myra Trading, reflects on market data costs after moderating a panel on the topic at this year's Inside Market Data Chicago event.
Woodbine Associates Hires Risk and Portfolio Performance Expert
Connecticut-based research firm Woodbine Associates has hired Jerry Waldron as director of risk and portfolio analytics.
Dolan to Lead Fidelity ActionsXchange
Will Dolan, who has held a few senior roles within Fidelity Investments since 2004, has been named head of Fidelity ActionsXchange
Update: OPRA Data Issue Halts Options Exchanges
The Options Price Reporting Authority was forced to cancel a software upgrade for its feed of consolidated US options quote and trade data on Monday Sept. 16, after the upgrade caused issues with calculation of the national best bid and offer price,…
Oh, Those Sneaky Hedge Funds
This week two articles in the Financial Times caught Anthony's eye. Are hedge funds really an extension of some covert government agency, or are they desperately seeking alpha?