NYSE
Bloomberg's FIGI: A Case of Red Light, Green Light
After the route toward accreditation via the ISO petered out, Bloomberg is vying to establish its reference data standard as a system of record in the US, following a win in Brazil.
Snowflake Looks to Tackle Data Problems of Asset Managers, Exchanges
Snowflake is already working with the New York Stock Exchange on how to make its data easier to access for the pair’s overlapping clients.
Exchanges, SEC At Odds Over Odd Lots
Industry insiders warn that the regulator’s attempts to modernize equities data by redefining trading lots will fall short of the mark if odd lot orders remain unprotected.
Despite New Approaches, Industry Still Divided Over Data Licensing
Data licensing agreements remain a source of contention for the industry, as suppliers look to differentiate offerings via disruptive pricing structures.
SEC, Exchanges Clash Over Revised Consolidated Tape Plans
US equity exchanges have pushed back aggressively against an SEC order directing them to submit a revised plan for operating the consolidated tapes of US equities quote and trade data.
NYSE Eyes 'Safe' NY Floor Reopening as Research Shows Value of Open Outcry
NYSE COO Michael Blaugrund looks ahead to a potential reopening of the exchange's iconic New York trading floor, and describes why NYSE believes it's appropriate to reopen the Arca Options floor earlier, and the role of DMMs in reducing volatility.
This Week: LSEG Technology; SIX/Nasdaq; FTSE Russell/JSE; & More
A summary of some of the past week's financial technology news.
Covid Drags NYSE Into the 21st Century
The coronavirus has achieved what decades of competition and automation could not, and has halted trading on the NYSE floor. With no end in sight to the spread of the virus, and with technology now running the show, Max asks whether the floor is likely…
BondCliQ 9 Dealers Away From Operating Full-Scale SIP for Bonds
Tier-1 corporate bond dealers are still holding out from contributing their quote and pricing data to the two-year-old platform.
EU Consolidated Tape: Support Wanes With Lack of Answers
With regulators slow to answer industry questions relating to how a CT should be built and what it's for, development has slowed.
SEC Preps Shakeup of US Consolidated Tapes
The SEC wants a single consolidated data plan to improve data latency and availability over the current consolidated tapes.
Brokers Tackle Pro v. Non-Pro Data Cost & Compliance Challenges
Max Bowie digs deep into how firms are making sure they classify data consumers correctly to avoid paying unnecessary fees.
As Blockchain Projects Sputter, Capital Markets Firms are Having Second Thoughts
WatersTechnology examines some of the disillusionment permeating the capital markets when it comes to blockchain.
Setting the Standard: Derivatives Industry Looks to Machine-Readable Technology
As regulators and industry bodies ramp up efforts to deploy machine-readable models for derivatives reporting, adoption of industry-wide standards has more than a few challenges to overcome.
Industry Participants Differ on Blockchain Benefits
As some firms are pushing forward with blockchain projects, others are saying it's not yet ready for prime time.
NYSE President Sees Tech as Key to Big Board's Next Evolution
A look at the massive tech projects (and legal battles) underway at the NYSE, which are being led by Stacey Cunningham.
SEC’s Redfearn: US-Style Consolidated Tapes Won’t Solve Trading Data Needs
As European market participants bemoan the lack of a consolidated tape, a senior SEC executive debunks the idea that a pan-European tape, similar to the US, will resolve issues around data access and costs.
A Blueprint for Alternative Data in Asset Management
UBS Asset Management’s data chief sets out his recommendations for using alternative data in the investment process.
Cboe Gains Approval for Dutch Base
US exchange group receives regulatory nod for Amsterdam operations, and appoints a new head to run the EU entity.
CAT’s Tale: How Thesys, the SROs and the SEC Mishandled the Consolidated Audit Trail
WatersTechnology investigates the torturous journey to create a stock-trading database for the US, and where the project goes from here.
US SIPs Must Evolve or Face Uncertain Future
Traditionally, the core of the US market data ecosystem has been the SIP feeds that consolidate data from all US exchanges. But as the cost of exchange data continues to rise, some firms are finding the US consolidated tapes to be a SIP that’s hard to…
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.
AlphaPoint Taps Cboe Exec Rathi to Grow Trading, Exchanges Business
AlphaPoint hopes that Rathi's experience at exchanges will help it create support for cryptocurrency-linked investment products with broader investor appeal.