Is Patience a Virtue?

BEFORE THE SPIN

Few would have predicted smooth sailing for the massive changes recently proposed for the New York Stock Exchange (NYSE) and the Nasdaq Stock Market. In fact, before the ink was dry on the two key acquisition announcements—NYSE and the Archipelago Exchange, followed by Nasdaq and Instinet—controversy has erupted.

As reported widely, a rival bid has emerged to undo the NYSE-Arca deal. At press time, investment bank and NYSE representatives have had multiple meetings on the matter with more likely

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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.

Nasdaq reshuffles tech divisions post-Adenza

Adenza is now fully integrated into the exchange operator’s ecosystem, bringing opportunities for new business and a fresh perspective on how fintech fits into its strategy.

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