US competing consolidators grapple with pricing uncertainty as SEC, exchanges battle over new Sip regime
Vendors who want to provide consolidated market data under the SEC’s new system can’t make plans until they know how they are going to be charged for market data. But the fee schedules are mired in legal action and confusion.
The project comes at a time when Euronext is considering a datacenter move, and sources speculate that Six might also be another candidate to migrate. Market participants are split on the news of the LSEG migration, with some calling it “frustrating,”…
Sseoms competitors are stepping into the breach left by Bloomberg’s move to sunset the sell-side focused suite of services. This could be a chance for a new premier provider to snap up some business, while leaving others to reevaluate their standing in…
A look at some of the key "people moves" from this week, including Karen Tierney (pictured), who joins Alpima as chief product officer.
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.
Victor Anderson chats to Equinix's Bill Ruvo about the firm's capital markets value proposition and the challenges it is helping to solve for its clients.
The share of electronic trading in the market remains low, but a host of factors promise to change that for good.
While not a fan of blockchain, Anthony looks at some potential use-cases for the tool in the world of capital markets. He also gives his thoughts on Broadridge’s soon-to-launch LTX platform.)
Entering a saturated market of electronic trading technology this summer, the new AI-powered platform must clear several hurdles before it can declare success.
Asset managers can choose from a range of trade-outsourcing models, but some traders say certain providers’ data-sharing techniques carry greater risk of information leakage.
Market participants fear a “horrible” relocation project and more room for latency arbitrage should the exchange move its data center to Italy.
Regulators will need biographical information to get the most out of the Consolidated Audit Trail, advisor said, as broker-dealers and exchanges argue over liability for breaches.
After eight years with IBM, Algorithmics has grown its staff significantly in the year since SS&C bought the risk analytics provider. The vendor is now taking aim at tapping into SS&C’s roster of buy-side users by embedding with the likes of Advent and…
Itiviti won the best low-latency trading network category in last year’s Buy-Side Technology Awards. On the back of that success, Victor Anderson speaks to Linda Middleditch, head of product strategy and engineering at Itiviti, about how the firm…
Support for the little guys (and girls!) of retail investing has been encouraging to witness, but when it comes to GameStop, Wei-Shen wonders what the bigger picture shows.
The tech giant has been updating the portfolio implementation and trade management workflows on its buy-side order management system as systematic and factor-based investing needs evolve.
Testing on the new DLT-based platform will begin in July. The Aussie exchange is also making progress on its DataSphere project and has addressed ASX Trade after an outage last year, according to the company’s CEO.
Ion Group has acquired Dash Financial. Whether or not this ends up being a good marriage will come down to the people making the tech platforms, Anthony says.
The deal will allow Ion to pair Dash alongside Fidessa as it looks to “own the sell-side technology space.”
Algorithm development specialist BestEx Research is making a play to address inefficiencies in futures trading algorithms.
ThemeBot uses textual relevance and revenue attribution to construct a list of stocks, which is then verified by JPMAM’s active equity analysts.
While the Biden administration is already targeting environmental issues with early executive orders, Anthony says that it’s financial giants that will have the greatest effect on ESG investing in the near-term.
A summary of some of the past week's financial technology news.
The partnership between the two major players in the buy-side technology space reflects the shift in how rivals do business.