MayStreet Bows DaaS Packet Capture, Data Processing

The cloud-based service allows clients to convert data from high-precision formats to those used for research and compliance.

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MayStreet co-founder and chief executive Patrick Flannery says customers can use the cloud-based packet capture service along with the vendor's Bellport low-latency library for research, monitoring and compliance to build affordable, best-of-breed research and compliance infrastructures.

"Our primary goal has been to build foundational tools that would exist in any top-tier high-frequency or market-making firm, making them readily available as fast-time-to-market, affordable, modular products,"

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Systematic tools gain favor in fixed income

Automation is enabling systematic strategies in fixed income that were previously reserved for equities trading. The tech gap between the two may be closing, but differences remain.

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