Burden of Proof: Meet the IEX breakaways looking to shake up broker algos

Founded with the principles of “transparency and academic rigor,” some say Proof’s model and technical approach is a test case for a new generation of cloud-native broker startups.

Proof Trading, a startup agency broker-dealer founded by former IEX executives Daniel Aisen and Allison Bishop, is about to launch its second trading algorithm in a bid to deliver more efficient and lower-impact execution.

The firm’s first algorithm, which went live in March, is a VWap (volume-weighted average price) execution algorithm. The second algorithm, expected to go live at the start of August, serves as both a liquidity-seeker and impact minimizer, which first seeks out large blocks of

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DTCC urges affirmation focus ahead of T+1 move

On May 28, large numbers of securities transacted across the North American marketplace will be required to settle one day after they are executed. DTCC is urging all market participants to scrutinize their existing technology and operational procedures,…

Operational resilience using the cloud

This webinar focuses on the business and operational benefits to firms on the back of their cloud strategies, across an industry that is often unforgiving to those not able to guarantee 100% uptime, operational robustness and competitiveness

Post-trade processing via NYFIX matching

A case study underscoring how a global asset management firm successfully addressed post-trade processing challenges by adopting NYFIX Matching from Broadridge.

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