Consolidated tapes gain ground in 2022
Regulators in the US, UK, and EU moved to push forward market data efforts this year.
LSEG-MayStreet: From direct feeds revamp to reg tools, industry sources outline rationale for deal
The acquisition of the 10-year-old vendor will give the exchange group high-quality market data, low-latency direct feeds, and packet-capture capabilities, experts say.
All about the integration: Melding tech is key to getting full value from vendor M&A
Recent tech and data M&A deals aren’t just about acquiring clients or 'bolt-on' solutions, but will yield longer-term gains through granular integration of the vendors’ product lines and technologies.
People Moves: Cboe, Macrobond, Allspring Asset Management, and more
Slow burn to a big bang: How the new wave of tech is changing market data platforms
For decades, market data platforms have been critical components of financial firms’ trading infrastructures. But with changing user needs and emerging technologies gaining ground, will the platforms of the past be replaced by upstart challengers—or can…
Options snaps up Activ Financial as battle for mid-market data vendors heats up
A once crowded space, the middle market for data technology companies is becoming more valuable as vendors target scale to fend off rivals and take on bigger providers.
One step closer: How exchanges are seeking tighter relationships with clients
Increasingly, exchanges are trying to get closer to their customers, in a bid to better understand how they use market data. This move may come at the expense of data vendors that are being gradually squeezed out of the exchange-client relationship.
Waters Wrap: Market data & consolidation—a never-ending timeline (And rise of the fees)
While last week it was announced that Exegy and Vela are merging, Anthony says that the deal is only a sign of what’s to come in the market data space. He also poses some questions about the LSE raising its Sedol fees.
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.
MayStreet hires former SEC CAT advisor as industry ‘rethinks’ market data infrastructure
Manisha Kimmel played a key role in getting the CAT running and worked at rival Refinitiv before joining the US regulator.
Small Change, Big Challenge: Battling the Rising Tide of Data Notifications
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.
Refinitiv’s API Rebrand Rankles Users
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.
Weighing the Benefits: Hardware Vs Software
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…
TREP’s Tipping Point? An Examination of Refinitiv’s Market Data Platform
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.
Activ Builds Bridge to ‘Future-Proofed’ Data Platforms
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.
Exegy Sues Activ Financial: The Problem with Patents
Max Bowie recalls some hit-and-miss patent cases from the past two decades, and what this one might mean for the future.
TNS Hires Fintech, Data Sales Exec Burke for BizDev
Burke has also worked at CJC, FIS and Activ Financial, covering sales, service, and account management.
Activ Financial Joins BT Radianz Cloud
Vendor aims to accelerate growth and expand its client footprint using cloud services.
BMLL Hires Activ's Collins to Lead Sales Push
Former Activ Financial sales head joins BMLL Technologies.
TickTrade Taps Data Vet Kennedy for Sales, Marketing
Kennedy joins TickTrade from Collaborative Financial Services Inc., a Toront-based consultancy that he co-founded.
Big xyt Launches Cloud Platform Spin-off Liquidity Cockpit
Platform provides interactive analytics for both dark and lit markets and tracks large-in-scale trading activity.
Data, Tech Sales Exec Wood Joins Horizon
Wood has more than 25 years of experience in banking and data and technology sales.