‘Suspicious’ Affairs with Turquoise

After the London Stock Exchange’s (LSE’s) Turquoise trading platform crashed on November 2—the second time in less than a month—the LSE is pointing to foul play. The exchange said that “human error was to blame for the disruption” and that “preliminary investigations indicate that this human error may have occurred in suspicious circumstances.”

The result is that the main market’s migration will be delayed until next year. “In light of this incident, coupled with necessary network upgrades to

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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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