While there weren’t many headline-grabbing acquisitions in 2022, the year contained a handful of deals that point to expanding trends in the exchange technology industry.
Once wary of the cloud, financial firms, their suppliers and the marketplaces where they trade are openly embracing it. And there are more signs of big tech firms accelerating buy-in by literally buying in to clients’ migration projects.
This month, the commission must decide on a fee filing under its market data modernization efforts. Jo wonders how likely we are to see those efforts materialize any time soon.
Anthony looks at some of the questions that came up from industry participants in the wake of the LSEG-MayStreet 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.
As options volumes soar, technology vendors are thinking about new risks posed when legacy infrastructure meets increasingly complex markets.
Jo struggles to see how the SEC could approve fee proposals for exchange market data fees.
MayStreet chief policy officer Manisha Kimmel joins the podcast to talk about how national markets system data is charged for.
This year, the SEC pulled the trigger on competing consolidated tapes and a new market data governance plan. In 2022, we will know if some of it can go ahead, or remain stymied by legal battles.
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…
Nasdaq’s new Data Fabric managed data infrastructure service presents an opportunity for firms to outsource many elements of their market data platforms to the exchange. But making it possible—and also driving innovations at other data providers designed…
The business unit of the new equities data plan could revolutionize pricing and accessibility in the public feeds of NMS data, say hopefuls to the role, but litigation and lack of clarity obscure the path forward.
Jo ponders some of the important pieces of the regulator’s National Market System modernization that remain obscure.
Implementing governance structure for new US public equities datafeeds within a year is highly unlikely, say industry observers.
August 9 is when regulators could approve the governance plan for the new system of datafeeds in the US. Jo says this would be an important step forward for those hoping to create new businesses under the regime.
A look at some of the key "people moves" from this week, including Ray Tierney (pictured), who has been appointed president of Itiviti.
Best Market Data Provider (Vendor)—MayStreet
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.
A look at some of the key "people moves" from this week, including Von M. Hughes (pictured), who has been appointed to Tradeweb’s board of directors as an independent director.
Manisha Kimmel played a key role in getting the CAT running and worked at rival Refinitiv before joining the US regulator.
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