Citadel
This Week: BNY Mellon; Amazon/Digital Asset; TP ICAP; Hazeltree; SimCorp & More
A summary of some of the past week's financial technology news.
Baker Signs On as CTO at MarketAxess
Cloud computing expert Michael Baker will lead the way for MarketAxess' innovation strategies.
Intrinio Raises $5 Million for Data R&D, Institutional Push
The St. Petersburg, Fla.-based vendor will use the funds to expand its data coverage and increase its footprint in the institutional investor space.
Jonathan Kellner to Lead MEMX
The former CEO of Instinet is named as the head of the newest US stock exchange.
Challenging US Exchanges Will be Uphill Battle for MEMX, Experts Warn
An industry initiative to start a new US exchange promises much, but it may struggle to deliver without a clearer purpose.
The New Oil Rush: An Examination of the Alternative Data Market
Banks are looking to cash in on the alternative data boom, but an in-depth investigation of the alternative data market shows that they may be in for an uphill battle to claim territory.
Adaptive Adds Tradition, Former Citadel, Saxo Execs to Board
The new board members will provide expert guidance strategic growth and technology development.
Banks and Buy Side Ally for Desktop App Interoperability
Led by OpenFin, FDC3—which includes the likes of RBC, JPMorgan, AllianceBernstein, Citadel and Barclays—aims to create a common language for desktop app interoperability.
Northern Trust Buys Omnium Technology Development from Citadel
The deal is expected to close in the first half of 2018.
Citadel Data Chief Departs After Just Three Months
Laszlo Korsos, who left Uber to join Citadel in July, has reportedly left his position as chief data officer at the investment firm.
Dealers Push for Delay of European Derivatives Trading Obligation
Banks and industry associations warn of havoc if current timeline is implemented
Slowdown Showdown: Exchanges Eye Speed Bumps
Three exchanges have filed with the SEC regarding implementing either a delay mechanism or order types similar to what IEX operates, following its approval as a national exchange less than a year ago.
CHX Moots LTAD Pilot To Allay Market Maker Concerns Over ‘Speed Bump’
CXH hits back at claims that its liquidity-taking delay is designed to garner more market data revenues for the exchange.
Debate Rages on Over Chicago Stock Exchange's Speed Bump
Industry members disagree over the merits of CHX's 350-microsecond speed bump currently awaiting regulatory approval.
SEC Delays Ruling on Chicago Stock Exchange's Speed Bump
The Commission extends its deadline for a decision to December 21.
Former Citadel, Pico Tech Exec Baillargeon Joins KCG
Sonny Baillargeon has nearly 20 years of experience in finance.
Former Citadel, Pico Tech Exec Baillargeon Joins KCG
Baillargeon has spent almost 20 years in trading and technology roles on the buy side and sell side.
Citadel Appoints Lieblich as CTO of its Hedge Fund Business
He is a 30-year veteran of Morgan Stanley.
Reg AT: A Source (Code) of Contention
Regulation Automated Trading was created to protect market integrity and update the CFTC’s rules as algorithmic trading proliferates. There are many areas where there’s consensus agreement as to the benefits of this proposed regulation, but Anthony…
Startup Analytics Vendor MayStreet Taps Ex-Knight, Citadel Exec for BizDev
Streltsoff will be based in San Francisco and report to MayStreet CEO Patrick Flannery.
Waters Wavelength Podcast Episode 4: Flash Crash, MiFID II, Blockchain on the Buy Side, DMMs
Dan and Anthony touch on eight different stories that broke this week in the fintech world.
Citadel Securities Becomes NYSE's Largest DMM, Acquires KCG's Business
Move marks the second new firm to join the DMM space this year.
AFTAs 2015: Best Risk Management Initiative—Citadel
Citadel's Risk Center allows the firm to manage risk across all of its portfolios from a centralized location.
Citadel Nabs Baillargeon as Pico Taps Cassell for Infrastructure Expansion
Cassell will leverage his new CIO role to oversee infrastructure strategy and consulting at Pico.