LSEG and Nasdaq partner, MarketAxess’ new auctions, TXSE raises $250M, and more

It’s the week after Halloween, and you know what that means, right? It’s Time! 

Including today, we are seven Fridays away from Christmas. Deal with that however you must.

Announced this week

LexisNexis Risk Solutions opens APAC datacenter

LexisNexis Risk Solutions has launched its Asia-Pacific datacenter in Malaysia. The facility helps it better deliver secure and high-performance digital identity and fraud prevention solutions to its clients in the region.

The facility processes data to support key markets in North Asia, Southeast Asia and Australia. The datacenter builds on the company’s cloud hosting facility in Australia and its datacenter in India, opened in 2023.

The company has implemented regionalized maintenance windows to minimize disruptions for Apac customers.

TXSE raises $250 million in capital

TXSE Group, the parent company of the Texas Stock Exchange and Oculon Intelligence, has completed its second-round funding, bringing the total capital raised to more than $250 million as it preps for the launch of the Texas Stock Exchange in Q1 next year.

The group received an equity investment from JP Morgan, joining BlackRock, Charles Schwab, and Citadel Securities as its institutional investors. A total of 82 financial institutions and business leaders are equity holders in TXSE Group.

UBS executes live tokenized fund transaction using Chainlink’s DTA standard

UBS has completed an in-production, end-to-end tokenized fund workflow leveraging Chainlink’s Digital Transfer Agent (DTA) technical standard. The workflow was the first on-chain subscription and redemption request of the UBS USD Money Market Investment Fund Token (uMINT), a money market investment built on Ethereum distributed ledger technology.

In the live transaction, DigiFT, a regulated DeFi exchange, functioned as the on-chain fund distributor and leveraged the DTA standard to request and process a subscription and redemption order.

The new end-to-end tokenized fund workflow covers order-taking, execution, settlement, and data synchronization across all on-chain and off-chain systems.

LSEG and Nasdaq partner on private markets data

London Stock Exchange Group and Nasdaq have partnered to distribute institutional-grade private markets data through LSEG’s Workspace and datafeeds.

Under the agreement, LSEG will license Nasdaq eVestment private markets datasets including Market Lens insights, hedge fund insights and limited partner intelligence. It will also include limited exclusive distribution of Nasdaq’s private market datasets, private fund benchmarks, and deal-level benchmarks. The partnership aims to bring transparency and liquidity into private markets.

Amundi and Euronext launch joint ETF

European asset manager Amundi has partnered with Euronext to launch the Amundi European Strategic Autonomy UCITS ETF. The exchange-traded fund will invest in companies across ten key themes essential to European sovereignty and resilience—energy, power grid and equipment, infrastructure, logistics, food security, pharma and chemicals, software, semiconductors, financials, and aerospace and defense.

The ETF will be listed soon on Euronext Paris, with a minimum subscription of 5 euros ($5.77), making it accessible to a wide audience of investors.

MarketAxess to launch fixed-income opening and closing auctions

MarketAxess will launch opening and closing auctions for fixed income, its first standardized market-wide auction protocol designed to improve price discovery and provide access to unique liquidity for trading US credit.

MarketAxess consulted buy-side and sell-side participants to advise and help design the auction trading protocol. Advisory group members include AllianceBernstein, BlackRock, DWS, and State Street Investment Management.

Xceptor partners with GRCS in Japan

Xceptor, a financial data automation platform provider, has signed a strategic partnership with Tokyo-headquartered GRCS Inc. The partnership will see the first full-scale deployment of Xceptor in Japan.

Financial institutions use Xceptor to automate data ingestion, standardization, and validation, and seamlessly integrate data. Through the partnership, GRCS will provide Xceptor implementation support services to major banks and securities companies.

What you might have missed from us

SS&C’s Bill Stone: RPA still important for agentic endeavors

Since 1986, when Bill Stone founded SS&C Technologies out of his Connecticut home, the company has completed more than 80 acquisitions. One of those acquisitions was its $1.6 billion purchase of Blue Prism, which leverages robotic process automation alongside artificial intelligence.

That acquisition encapsulates SS&C’s decision to step into an area of technology that, despite many successors since, shows no signs of going away.

S&P shutters NMRF solution amid audit questions

S&P Global has discontinued a data solution meant to help banks comply with the new trading book capital rules. The service was offered to banks seeking to overcome a major hurdle for the adoption of internal models to calculate market risk capital requirements.

It isn’t exactly clear why S&P shuttered the product, but sources point to a few possible contributing factors.

Waters Wavelength Ep. 337: Interop.io’s Bob Myers

On the podcast this week is Interop.io’s Bob Myers. He joined Tony to discuss agentic AI, the Model Context Protocol, and interoperability.

MayStreet founder says LSEG abandoned integration in new court filing

And we’re back with more news on this lawsuit. Lawyers for MayStreet founder and former CEO Patrick Flannery are hitting back at LSEG, with new details on conversations between Flannery, his team, and LSEG executives.

The amended complaint comes after LSEG filed to dismiss the suit in September, accusing Flannery of having “seller’s remorse.”

For more on the lawsuit, click here.

Former Neudata employee sues for discrimination

Julia Meigh, former head of ESG and macro data research at alternative data and market research company Neudata, has sued the company for practices in violation of the New York State Human Rights Law and the New York City Human Rights Law.

Meigh, who DGW Kramer LLP represents, filed a summons and complaint document on October 22, 2025, alleging that the vendor engaged in unlawful discrimination and retaliation practices.

New horizons: What the Nordic Cap-BMLL tie-up hints at for market data’s future

In this week’s IMD Wrap, Reb Natale takes a look at Nordic Capital’s acquisition last week of historical market data provider BMLL for a reported $250 million. BMLL is Nordic’s first specialist market data platform under its portfolio.

It joins ActiveViam, Boost.ai, Duco, Itiviti, Macrobond, Regnology, Signicat, Trustly and Zafin in Nordic’s financial services portfolio.

In other news

EU weighs pausing parts of landmark AI act in face of US and Big Tech pressure, The Financial Times

The European Commission is proposing to pause parts of its artificial intelligence laws amid pressure from Big Tech companies and the US government. Barbara Moens from The Financial Times reports that the move reflects EU’s efforts to make the bloc more competitive against the US and China.

The draft proposal comes at a time amid a broader debate over how aggressively the EU should enforce its digital rules in the face of a fierce backlash from the US government and Big Tech as well as European groups over its AI act.