US competing consolidators grapple with pricing uncertainty as SEC, exchanges battle over new Sip regime
Vendors who want to provide consolidated market data under the SEC’s new system can’t make plans until they know how they are going to be charged for market data. But the fee schedules are mired in legal action and confusion.
Manisha Kimmel played a key role in getting the CAT running and worked at rival Refinitiv before joining the US regulator.
With data notifications growing in volume and complexity, firms are finding it harder to keep track of these changes. Some vendors are looking to help.
Because of its acquisition and subsequent rebrand, Refinitiv is being forced to change instances of its old branding that remain embedded in many of its APIs. This might sound like a simple change, but end-users are worried that it could be a costly fix.
In the pursuit of new ways to eliminate latency from the market data distribution and trading processes, vendors have invested in hardware-acceleration technologies, such as FPGAs. But with commodity chips now giving specialist hardware a run for its…
Refinitiv—and by extension, TREP—has experienced a fair amount of disruption over the last two years. Competitors are lining up to cut into the platform's market share.
The new suite of integration tools will allow firms to connect different data sources to mitigate the impact of core architectural components being phased out.
Max Bowie recalls some hit-and-miss patent cases from the past two decades, and what this one might mean for the future.
Burke has also worked at CJC, FIS and Activ Financial, covering sales, service, and account management.
Vendor aims to accelerate growth and expand its client footprint using cloud services.
Former Activ Financial sales head joins BMLL Technologies.
Kennedy joins TickTrade from Collaborative Financial Services Inc., a Toront-based consultancy that he co-founded.
Platform provides interactive analytics for both dark and lit markets and tracks large-in-scale trading activity.
Wood has more than 25 years of experience in banking and data and technology sales.
The pair will contribute to UK-based CJC expanding its business development activities in the US
The platform will open Activ up to new users and use cases, by enabling easier access to datasets via multiple delivery mechanisms.
Leading the UK-based consultancy's US charge is Trista Burke, who joins CJC after stints at FIS and Activ Financial.
The firm will use the new Activ-Big Xyt joint offering to test trading models before entering new markets and asset classes.
Demand from Prime Analytics' global client base for niche regional markets will give Activ the impetus to pursue exchange data that would otherwise be uneconomical to carry.
The expanded header message increases OPRA message sizes by 30 percent overall, participants say.
The addition of MT Newswires' news will appeal to Activ clients seeking an alternative news source to accompany Activ's data.
Firms focused their attention on accuracy and interpretation—rather than speed—of data.