MiFID Changes Spur EU Consolidated Tape

The swathe of new trading venues created in response to MiFID competing for fragmented liquidity, including Turquoise, BATS Europe, Nasdaq OMX Europe and Equiduct in addition to Chi-X, has led to increased volumes of market data and added burdens on financial firms to find and access liquidity in stocks traded across multiple venues (IMD, April 21).

According to think-tank JWG-IT, the changes have prompted a "data war," where speed of data and execution, and smart order routers will prove to be

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Waters Wrap: GenAI and rising tides

As banks, asset managers, and vendors ratchet up generative AI experiments and rollouts, Anthony explains why collaboration between business and tech teams is crucial.

Northern Trust building internal cloud data ‘marketplace’

Using a mix of in-house expertise and third-party technologies, the firm has constructed a cloud-based data mesh that gives internal staff access to proprietary datasets and analytical tools to deliver greater insights into client activity.

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